Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0099%/8h= −10.8% APRnext payment $0.12 per $10,000 · paid last 24h −0.034%
Price spread now: Deribit against Polymarket Perps+0.088%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)+0.296%+$30 · spread now +0.088%, 7d avg +0.013%
Together, before fees+0.184%+$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.074% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.013%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps WLD-USD0.45620.0099pay 0.0012% / 1h2m 18s$40K$2.2M10x
ShortDeribit WLD_USDC-PERPETUAL0.45660get 0.0000% / 1h2m 18s$124K$963K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$20.71
Price spread: +0.088% → +0.013%
$7.45
Slippage, 4 orders
−$21.15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$49.42
Costs to cover
0.362%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 1 min ago; Deribit: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 1 min ago4.06 bp8.1 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell Deribit live order book, 57 min ago3.28 bp6.8 bp −$7doesn't fitdoesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0046%1h0.4563+0.033%$242K$205K5xas long as short
dYdX WLD-USD0.0000%1h0.4562−0.007%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4563+0.022%$53K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUALshort0.0000%1h0.4566+0.088%$124K$963K25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4564+0.042%$66K150xas long as short
KuCoin WLDUSDTM+0.0005%8h0.4563+0.022%$6.9M$11.7M50xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4583+0.460%$6K$185K5.5xas long as short
Lighter WLD+0.0096%1h0.4567+0.107%$4.9M$2.4M10xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4564+0.044%$28K$885K10xas long as short
Polymarket Perps WLD-USDlong+0.0099%1h0.4562long leg$40K$2.2M10x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4567+0.102%$211K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4562+0.003%$49K$527K5xas long as short
Binance WLDUSDT+0.0100%8h0.4563+0.022%$86.5M$328.7M75xas long as short
Bybit WLDUSDT+0.0100%8h0.45620.000%$65.0M$89.6M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4564+0.044%$34.3M$150.0M50xas long as short
Gate WLD_USDT+0.0100%8h0.45620.000%$7.2M$37.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4563+0.022%$43.3M$54.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4563+0.022%$30.2M$30.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4563+0.022%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4566+0.077%$136K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4556−0.138%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4553−0.195%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4561−0.022%$603K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4556−0.132%$43K$238K50xas long as short
SunX WLD-USDT+0.0100%8h0.4568+0.132%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4564+0.044%$172$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4565+0.066%$834K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4567+0.110%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4563+0.016%$218K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4565+0.071%$31K$6003xas long as short
01 Exchange WLDUSD+0.0128%1h0.4567+0.103%$327$805xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4562−0.005%20xas long as short
Phoenix WLD+0.0158%1h0.4568+0.129%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.45620.000%$4.9M$829K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4563+0.030%$5K100xas long as short
Hyperliquid WLD+0.0333%1h0.4569+0.160%$50.2M$43.3M10xas long as short
Kraken Futures PF_WLDUSD+0.0480%1h0.4569+0.144%$882K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4561−0.022%$267K$1.6M50xas long as short