Funding you earn now, next payment 03:00 UTC+0.0396%/8h= +43.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.063%
Price spread now: Coinbase International against Polymarket Perps+0.376%47s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.376%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.342% dearer against Polymarket Perps than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.034%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WLD-USD | 0.4580 | 0.0100 | pay 0.0013% / 1h | 52m 20s | $41K | $2.1M | 10x |
| Short | Coinbase International WLD-PERP-INTX | 0.4597 | 0.0496 | get 0.0062% / 1h | 52m 20s | $272K | $1.7M | 50x |
Polymarket Perps WLD-USD
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $83.16
- Price spread: +0.376% → +0.034%
- $34.15
- Slippage, 4 orders
- −$34.78
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $64.54
- Costs to cover
- 0.528%
- Break-even
- 1.6 days
Slippage from Polymarket Perps: live order book, 1 min ago; Coinbase International: live order book, 1 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, 1 min ago | 2.51 bp | 6.5 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 8.70 bp | 26.1 bp −$26 | 30.6 bp −$306 | 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 | −0.0110% | 8h | 0.4592 | +0.266% | $58K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0079% | 1h | 0.4577 | −0.050% | $243K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0031% | 8h | 0.4575 | −0.105% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4579 | −0.013% | $156K | $33K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4577 | −0.065% | $55K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.476% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0016% | 1h | 0.4576 | −0.079% | $327 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0082% | 8h | 0.4575 | −0.105% | $28K | $889K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4582 | +0.048% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4581 | +0.020% | $190K | $1.1M | 50x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Lighter WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4579 | −0.014% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4577 | −0.068% | $86.9M | $327.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4575 | −0.105% | $65.2M | $88.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4574 | −0.127% | $34.3M | $148.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4580 | +0.004% | $7.2M | $36.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4580 | +0.004% | $44.3M | $53.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4573 | −0.148% | $30.2M | $30.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4576 | −0.083% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4589 | +0.203% | $135K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4586 | +0.130% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4585 | +0.117% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4584 | +0.082% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4562 | −0.389% | $50K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4580 | long leg | $41K | $2.1M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4597 | +0.376% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4590 | +0.223% | $178 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4589 | +0.201% | $840K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4589 | +0.201% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4571 | −0.197% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4577 | −0.061% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4579 | −0.023% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4594 | +0.304% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLD | +0.0161% | 1h | 0.4585 | +0.120% | $50.3M | $43.2M | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0186% | 1h | 0.4594 | +0.310% | $116K | $923K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4587 | +0.157% | $5.0M | $848K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4576 | −0.075% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0478% | 1h | 0.4593 | +0.281% | $888K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0496% | 1h | 0.4597 | +0.376% | $272K | $1.7M | 50x |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Hyperliquid WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD