Funding you earn now, next payment 02:00 UTC+0.0539%/8h= +59.0% APRnext payment +$0.67 per $10,000 · paid last 24h −0.006%
Price spread now: Kraken Futures against Polymarket Perps−0.025%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.025%, 7d avg +0.019%
=Funding pays, the price is against you. Kraken Futures is 0.044% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.019%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.097% in total) that is about 3.2 days.
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 +$0.67 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 | 0.4686 | 0.0100 | pay 0.0013% / 1h | 23m 48s | $56K | $2.1M | 10x |
| Short | Kraken Futures PF_WLDUSD | 0.4685 | 0.0639 | get 0.0080% / 1h | 23m 48s | $915K | $2.9M | 50x |
Polymarket Perps WLD-USD
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $113.16
- Price spread: −0.025% → +0.019%
- −$4.42
- Slippage, 4 orders
- −$32.75
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $57.99
- Costs to cover
- 0.508%
- Break-even
- 3.4 days
Slippage from Polymarket Perps: live order book, 5 min ago; Kraken Futures: live order book, 5 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, 5 min ago | 2.88 bp | 6.9 bp −$7 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 5.34 bp | 17.9 bp −$18 | 28.1 bp −$281 | 1095.3 bp −$109.5K | doesn't fit |
WLD on 37 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 | −0.0235% | 1h | 0.4615 | −1.509% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0151% | 8h | 0.4684 | −0.036% | $43K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0049% | 8h | 0.4683 | −0.058% | $7.1M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0004% | 1h | 0.4682 | −0.090% | $272K | $189K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4687 | +0.029% | $167K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4680 | −0.122% | $130K | $895K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4683 | −0.061% | $56K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0025% | 8h | 0.4683 | −0.058% | $7.3M | $37.7M | 75x | as long as short |
| ApeX Omni WLDUSDT | +0.0057% | 1h | 0.4659 | −0.570% | $51K | $237K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0058% | 8h | 0.4681 | −0.100% | $28K | $897K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDCShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix WLD | +0.0068% | 1h | 0.4715 | +0.617% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4691 | +0.118% | $180K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4688 | +0.046% | $56K | $506K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4688 | +0.053% | $89.0M | $324.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4689 | +0.070% | $67.2M | $87.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4686 | +0.006% | $35.3M | $153.1M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4684 | −0.036% | $46.4M | $55.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4686 | +0.006% | $31.1M | $29.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4689 | +0.070% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4686 | +0.002% | $138K | $292K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4705 | +0.406% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4708 | +0.465% | $28K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4709 | +0.497% | $625K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4686 | long leg | $56K | $2.1M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4690 | +0.092% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4681 | −0.100% | $224 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4682 | −0.079% | $886K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4682 | −0.079% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4683 | −0.051% | $216K | $886K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4682 | −0.090% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4683 | −0.053% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4681 | −0.091% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4688 | +0.051% | $335 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4690 | +0.092% | $280K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0570% | 1h | 0.4693 | +0.160% | $52.2M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0639% | 1h | 0.4685 | −0.025% | $915K | $2.9M | 50x | |
| Lighter WLD | +0.0832% | 1h | 0.4692 | +0.126% | $5.3M | $2.1M | 10x | as long as short |
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD