Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.014%

Price spread now: Polymarket Perps against KuCoin+0.022%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days+0.275%+$27 · spread now +0.022%, 7d avg −0.001%

Together, before fees+0.286%+$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.023% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLDUSDTM	0.4550	0.0009	pay 0.0009% / 8h	2h 22m	$7.0M	$10.7M	50x
Short	Polymarket Perps WLD-USD	0.4551	0.0100	get 0.0013% / 1h	22m 28s	$54K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.022%Rate

Funding earned: $19.11
Price spread: +0.022% → −0.001%: $2.3
Slippage, 4 orders: −$41.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$39.81
Costs to cover: 0.612%
Break-even: 21.6 days

Slippage from KuCoin: live order book, 6 min ago; Polymarket Perps: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 6 min ago	2.19 bp	25.2 bp −$25	55.1 bp −$551	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 6 min ago	3.73 bp	7.7 bp −$8	20.3 bp −$203	doesn't fit	doesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	−0.0438%	8h	0.4560	+0.220%	$44K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0022%	8h	0.4548	−0.044%	$28K	$917K	10x	as long as short
Variational Omni WLD	−0.0017%	8h	0.4577	+0.601%	$2.1M	$1.6M	—	as long as short
dYdX WLD-USD	0.0000%	1h	0.4549	−0.026%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4552	+0.044%	$128K	$903K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4550	+0.010%	$57K	—	150x	as long as short
KuCoin WLDUSDTMlong	+0.0009%	8h	0.4550	long leg	$7.0M	$10.7M	50x
Nado WLD-PERP	+0.0034%	1h	0.4549	−0.022%	$271K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4563	+0.286%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0072%	8h	0.4547	−0.066%	$34.0M	$138.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLD	+0.0100%	1h	0.4555	+0.110%	$46.7M	$41.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4558	+0.170%	$215K	$981K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4551	+0.018%	$51K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4550	−0.001%	$85.5M	$292.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4548	−0.044%	$65.0M	$80.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4550	0.000%	$7.4M	$34.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4551	+0.022%	$53.8M	$47.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4551	+0.022%	$30.2M	$25.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4551	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4550	−0.007%	$129K	$272K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4569	+0.424%	$27K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4575	+0.548%	$613K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4572	+0.484%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4551	+0.022%	$54K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4565	+0.330%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4550	0.000%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4558	+0.176%	$860K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4550	0.000%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4550	−0.001%	$133K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4549	−0.020%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4550	+0.007%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4552	+0.040%	$12K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4549	−0.022%	$4.9M	$809K	75x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.582%	$6K	$139K	5.5x	as long as short
01 Exchange WLDUSD	+0.0376%	1h	0.4553	+0.075%	$326	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4578	+0.615%	$280K	$1.6M	50x	as long as short
Lighter WLD	+0.1000%	1h	0.4560	+0.215%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1095%	1h	0.4554	+0.081%	$922K	$2.6M	50x	as long as short