Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against Polymarket Perps−0.064%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 4 days (all we have)+0.596%+$60 · spread now −0.064%, 7d avg +0.029%

Together, before fees+0.666%+$67 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.093% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4544	0.0100	pay 0.0013% / 1h	41m 24s	$50K	$2.7M	10x
Short	ApeX Omni WLDUSDT	0.4541	0.0100	get 0.0013% / 1h	41m 24s	$48K	$239K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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 Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → +0.029%: −$9.26
Slippage, 4 orders: −$32.52
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$59.78
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; ApeX Omni: live order book, 60 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 Polymarket Perps live order book, 2 min ago	3.08 bp	7.1 bp −$7	8.0 bp −$80	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 60 min ago	8.82 bp	18.0 bp −$18	105.3 bp −$1,053	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
Injective WLD/USDC PERP	−0.0309%	1h	0.4524	−0.438%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0053%	1h	0.4545	+0.013%	$237K	$167K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4545	+0.026%	$155K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4539	−0.108%	$44K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4547	+0.065%	$66K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4543	−0.020%	$27K	$714K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4544	−0.008%	$227K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4546	+0.049%	$49K	$532K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4544	+0.002%	$87.2M	$333.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4542	−0.042%	$64.6M	$89.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4542	−0.042%	$34.4M	$152.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4542	−0.042%	$7.2M	$35.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4543	−0.020%	$41.6M	$56.2M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4542	−0.042%	$6.7M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4544	+0.002%	$30.1M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4544	+0.002%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4548	+0.088%	$132K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4547	+0.060%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4541	−0.066%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4546	+0.048%	$607K	$2.1M	10x	as long as short
ApeX Omni WLDUSDTshort	+0.0100%	1h	0.4541	−0.064%	$48K	$239K	50x
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4544	long leg	$50K	$2.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4554	+0.222%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4548	+0.090%	$217	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4533	−0.240%	$829K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4546	+0.046%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4544	+0.009%	$213K	$910K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4550	+0.128%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4545	+0.029%	—	—	20x	as long as short
Lighter WLD	+0.0160%	1h	0.4551	+0.167%	$4.9M	$2.9M	10x	as long as short
Phoenix WLD	+0.0177%	1h	0.4553	+0.200%	$5K	$43K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4549	+0.112%	$141K	$979K	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4548	+0.081%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4539	−0.108%	$4.8M	$908K	75x	as long as short
01 Exchange WLDUSD	+0.0232%	1h	0.4547	+0.068%	$325	$55	5x	as long as short
Hyperliquid WLD	+0.0434%	1h	0.4550	+0.139%	$50.5M	$43.9M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4551	+0.156%	$274K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0454%	1h	0.4550	+0.140%	$872K	$2.8M	50x	as long as short