Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.014%

Price spread now: KuCoin against Polymarket Perps−0.059%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$540.540% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.237%−$24 · spread now −0.059%, 7d avg +0.001%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.060% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4543	0.0100	pay 0.0013% / 1h	21m 07s	$52K	$1.7M	10x
Short	KuCoin WLDUSDTM	0.4540	0.0010	get 0.0010% / 8h	2h 21m	$7.0M	$10.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$18.9
Price spread: −0.059% → +0.001%: −$6.04
Slippage, 4 orders: −$34
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$78.94
Costs to cover: 0.540%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; KuCoin: live order book, 2 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	14.0 bp −$140	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	2.20 bp	16.0 bp −$16	32.2 bp −$322	doesn't fit	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	−0.0444%	8h	0.4548	+0.117%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0022%	8h	0.4542	−0.015%	$28K	$917K	10x	as long as short
Variational Omni WLD	−0.0017%	8h	0.4577	+0.763%	$2.1M	$1.6M	—	as long as short
dYdX WLD-USD	0.0000%	1h	0.4547	+0.085%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4546	+0.073%	$127K	$904K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4545	+0.040%	$56K	—	150x	as long as short
KuCoin WLDUSDTMshort	+0.0010%	8h	0.4540	−0.059%	$7.0M	$10.7M	50x
Nado WLD-PERP	+0.0034%	1h	0.4545	+0.045%	$271K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4553	+0.218%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0072%	8h	0.4543	+0.007%	$33.9M	$138.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0096%	8h	0.4544	+0.029%	$85.4M	$292.9M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4546	+0.079%	$46.6M	$41.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4545	+0.051%	$215K	$982K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4546	+0.073%	$51K	$483K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4542	−0.015%	$64.9M	$80.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4542	−0.015%	$7.4M	$34.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4543	+0.007%	$53.7M	$47.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4542	−0.015%	$30.1M	$25.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4542	−0.015%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4545	+0.055%	$129K	$272K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4557	+0.310%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4550	+0.160%	$610K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4556	+0.293%	$55K	$226K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4543	long leg	$52K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4551	+0.183%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4543	+0.007%	$198	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4545	+0.051%	$857K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4544	+0.029%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4542	−0.005%	$133K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4546	+0.062%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4541	−0.042%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0216%	8h	0.4538	−0.103%	$4.9M	$807K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4543	+0.016%	$12K	—	100x	as long as short
01 Exchange WLDUSD	+0.0368%	1h	0.4545	+0.059%	$325	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.746%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4549	+0.139%	$279K	$1.6M	50x	as long as short
Lighter WLD	+0.0992%	1h	0.4552	+0.211%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1097%	1h	0.4549	+0.128%	$920K	$2.6M	50x	as long as short