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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0273%/8h= +29.9% APRnext payment +$0.34 per $10,000 · paid last 24h +0.029%
Price spread now: Injective against Polymarket Perps−0.292%7-day average +0.167% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.494%+$49 · spread now −0.292%, 7d avg +0.167%
Together, before fees+0.497%+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.458% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of +0.167%). If the spread goes back, that is −$46 on $10k: about 5.6 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.003% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps WLD-USD0.46260.0100pay 0.0013% / 1h56m 55s$42K$1.6M10x
ShortInjective WLD/USDC PERP0.46120.0373get 0.0047% / 1h56m 55s$6K$185K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$57.38
Price spread: −0.292% → +0.167%
−$45.85
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$3.52
Costs to cover
0.080%
Break-even
6.6 days
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Injective: live order book, 52 min ago. Net counts fees only.

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, 2 min ago3.25 bp7.3 bp −$78.2 bp −$82doesn't fitdoesn't fit
Sell Injective live order book, 52 min ago81.43 bpdoesn't fitdoesn'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
Kalshi KXWLDPERP−0.0255%8h0.4620−0.119%$50K$3.8M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4614−0.242%$165K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4623−0.050%$57K150xas long as short
Orderly PERP_WLD_USDC+0.0009%8h0.4623−0.054%$28K$910K10xas long as short
KuCoin WLDUSDTM+0.0009%8h0.4622−0.076%$7.1M$10.8M50xas long as short
Nado WLD-PERP+0.0097%1h0.4623−0.043%$278K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4625−0.011%$196K$999K50xas long as short
Pacifica WLD+0.0100%1h0.4616−0.206%$53K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4625−0.011%$87.7M$298.0M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4624−0.032%$66.2M$82.2M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4624−0.032%$34.5M$143.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4624−0.032%$7.5M$35.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4624−0.032%$49.8M$51.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4623−0.054%$30.5M$25.6M75xas long as short
BingX WLD-USDC+0.0100%8h0.4623−0.054%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4625−0.017%$131K$269K10xas long as short
Variational Omni WLD+0.0100%8h0.4603−0.489%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4607−0.396%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4612−0.282%$620K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4608−0.378%$55K$228K50xas long as short
Polymarket Perps WLD-USDlong+0.0100%1h0.4626long leg$42K$1.6M10x
SunX WLD-USDT+0.0100%8h0.4627+0.032%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4623−0.054%$205$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4631+0.119%$874K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4622−0.076%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4623−0.062%$237K$860K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4627+0.022%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4617−0.192%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4621−0.090%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0183%1h0.4625−0.011%$110K$881K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4621−0.097%$4.9M$823K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0261% / S −0.2221%1h0.4621−0.089%$9K100xas long as short
01 Exchange WLDUSD+0.0264%1h0.4626+0.017%$331$775xas long as short
Injective WLD/USDC PERPshort+0.0373%1h0.4612−0.292%$6K$185K5.5x
Coinbase International WLD-PERP-INTX+0.0440%1h0.4618−0.162%$274K$1.6M50xas long as short
Hyperliquid WLD+0.0568%1h0.4629+0.082%$50.3M$43.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0711%1h0.4628+0.054%$929K$2.6M50xas long as short
Lighter WLD+0.1448%1h0.4633+0.166%$5.3M$2.0M10xas long as short