Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against Polymarket Perps−0.049%47s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as 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−$1211.207% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)+0.692%+$69 · spread now −0.049%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.089% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.040%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WLD-USD | 0.4547 | 0.0100 | pay 0.0013% / 1h | 41m 35s | $50K | $2.7M | 10x |
| Short | dYdX WLD-USD | 0.4545 | 0 | get 0.0000% / 1h | 41m 35s | $155K | $32K | 10x |
Polymarket Perps WLD-USD
dYdX WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.049% → +0.040%
- −$8.89
- Slippage, 4 orders
- −$102.73
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$150.61
- Costs to cover
- 1.207%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; dYdX: live order book, 62 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 dYdX live order book, 62 min ago | 47.32 bp | 52.3 bp −$52 | 74.8 bp −$748 | 126.9 bp −$12.7K | 228.7 bp −$114.4K |
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 | −0.512% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERP | −0.0053% | 1h | 0.4545 | −0.062% | $237K | $167K | 5x | as long as short |
| dYdX WLD-USDshort | 0.0000% | 1h | 0.4545 | −0.049% | $155K | $32K | 10x | |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4539 | −0.183% | $44K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4547 | −0.010% | $66K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4548 | +0.015% | $27K | $715K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4544 | −0.072% | $227K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4546 | −0.026% | $49K | $532K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4545 | −0.061% | $87.2M | $333.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4542 | −0.117% | $64.6M | $89.2M | 50x | as long as short |
Injective WLD/USDC PERP
Nado WLD-PERP
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4543 | −0.095% | $34.4M | $152.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4544 | −0.073% | $7.2M | $35.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4546 | −0.029% | $41.6M | $56.2M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4544 | −0.073% | $6.7M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4547 | −0.007% | $30.1M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4545 | −0.051% | — | $72.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4548 | +0.013% | $132K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4547 | −0.015% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4541 | −0.141% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4546 | −0.027% | $607K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4541 | −0.139% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4547 | long leg | $50K | $2.7M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4554 | +0.147% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4548 | +0.015% | $217 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4533 | −0.314% | $829K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4546 | −0.029% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4544 | −0.066% | $213K | $910K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4550 | +0.053% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4545 | −0.046% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4551 | +0.092% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4552 | +0.095% | $5K | $43K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0190% | 1h | 0.4549 | +0.037% | $141K | $979K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4548 | +0.006% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4539 | −0.183% | $4.8M | $908K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0232% | 1h | 0.4547 | −0.007% | $325 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0435% | 1h | 0.4553 | +0.130% | $50.6M | $43.9M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4551 | +0.081% | $274K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0454% | 1h | 0.4550 | +0.065% | $872K | $2.8M | 50x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
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
Lighter WLD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD