Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.022%

Price spread now: Gate against Polymarket Perps−0.106%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$460.460% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days−0.174%−$17 · spread now −0.106%, 7d avg +0.004%

Together, before fees−0.240%−$24 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: Gate is 0.110% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4634	0.0100	pay 0.0013% / 1h	58m 02s	$57K	$1.7M	10x
Short	Gate WLD_USDT	0.4629	0.0100	get 0.0100% / 8h	2h 58m	$7.6M	$33.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.106%Rate

Funding earned: $0
Price spread: −0.106% → +0.004%: −$10.97
Slippage, 4 orders: −$22.95
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.93
Costs to cover: 0.460%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 6 min ago; Gate: 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, 6 min ago	2.90 bp	9.1 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	3.24 bp	15.7 bp −$16	34.0 bp −$340	51.7 bp −$5,172	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	−0.0261%	8h	0.4632	−0.041%	$31K	$3.8M	1.7x	as long as short
Phoenix WLD	−0.0091%	1h	0.4649	+0.319%	$2K	$47K	10x	as long as short
Variational Omni WLD	−0.0081%	8h	0.4652	+0.381%	$2.1M	$1.7M	—	as long as short
Orderly PERP_WLD_USDC	−0.0029%	8h	0.4632	−0.041%	$28K	$922K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4633	−0.029%	$158K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4633	−0.019%	$157K	$784K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4632	−0.041%	$58K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0014%	8h	0.4628	−0.127%	$7.0M	$10.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0028%	8h	0.4629	−0.106%	$35.0M	$139.3M	50x	as long as short
Bybit WLDUSDT	+0.0046%	8h	0.4632	−0.041%	$68.2M	$78.9M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0081%	8h	0.4630	−0.084%	$55.1M	$45.9M	300x	as long as short
Binance WLDUSDT	+0.0084%	8h	0.4633	−0.019%	$88.6M	$290.0M	75x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4634	−0.006%	$212K	$984K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4631	−0.067%	$56K	$475K	5x	as long as short
Gate WLD_USDTshort	+0.0100%	8h	0.4629	−0.106%	$7.6M	$33.8M	75x
Bitget WLDUSDT	+0.0100%	8h	0.4629	−0.106%	$30.5M	$25.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4630	−0.084%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4631	−0.065%	$131K	$296K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4654	+0.425%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4659	+0.536%	$629K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4664	+0.650%	$56K	$226K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4634	long leg	$57K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4634	+0.002%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4629	−0.106%	$200	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4636	+0.045%	$872K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4630	−0.084%	$1.9M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4629	−0.096%	$135K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4633	−0.019%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4633	−0.029%	—	—	20x	as long as short
Nado WLD-PERP	+0.0152%	1h	0.4633	−0.009%	$359K	$130K	5x	as long as short
BloFin WLD-USDT	+0.0202%	8h	0.4653	+0.412%	$5.0M	$944K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0223% / S −0.1831%	1h	0.4632	−0.046%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0224%	1h	0.4636	+0.039%	$332	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4606	−0.602%	$6K	$90K	5.5x	as long as short
Hyperliquid WLD	+0.0389%	1h	0.4637	+0.067%	$48.2M	$40.4M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4635	+0.024%	$276K	$1.6M	50x	as long as short
Lighter WLD	+0.0440%	1h	0.4640	+0.123%	$5.1M	$1.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1077%	1h	0.4633	−0.019%	$929K	$2.5M	50x	as long as short