Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%

Price spread now: OKX against Polymarket Perps−0.166%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days+0.067%+$7 · spread now −0.166%, 7d avg −0.013%

Together, before fees+0.049%+$5 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: OKX is 0.153% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4754	0.0100	pay 0.0013% / 1h	12m 48s	$49K	$1.7M	10x
Short	OKX WLD-USDT-SWAP	0.4746	0.0100	get 0.0100% / 8h	7h 12m	$36.1M	$150.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.166%Rate

Funding earned: $0
Price spread: −0.166% → −0.013%: −$15.28
Slippage, 4 orders: −$14.14
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$47.42
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 1 min ago; OKX: 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, 1 min ago	3.16 bp	7.2 bp −$7	7.5 bp −$75	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.05 bp	8.4 bp −$8	17.6 bp −$176	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	−0.0162%	8h	0.4748	−0.124%	$22K	$4.0M	1.7x	as long as short
Phemex WLDUSDT	−0.0083%	8h	0.4748	−0.124%	$1.9M	$3.7M	50x	as long as short
Nado WLD-PERP	−0.0030%	1h	0.4750	−0.082%	$276K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0011%	8h	0.4745	−0.187%	$7.1M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4750	−0.092%	$169K	$12K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4754	+0.002%	$136K	$863K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4755	+0.024%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	−0.208%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0049%	8h	0.4753	−0.019%	$29K	$900K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4750	−0.089%	$212K	$983K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4752	−0.034%	$56K	$482K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4745	−0.187%	$90.8M	$310.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4745	−0.187%	$68.7M	$83.5M	50x	as long as short
OKX WLD-USDT-SWAPshort	+0.0100%	8h	0.4746	−0.166%	$36.1M	$150.4M	50x
Gate WLD_USDT	+0.0100%	8h	0.4745	−0.187%	$7.6M	$36.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4746	−0.166%	$49.7M	$54.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4747	−0.145%	$31.8M	$27.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4746	−0.166%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4750	−0.072%	$141K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4758	+0.081%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4762	+0.179%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4772	+0.375%	$630K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4768	+0.297%	$58K	$232K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4754	long leg	$49K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4761	+0.149%	$24K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4750	−0.082%	$228	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4741	−0.271%	$901K	$1.9M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4746	−0.162%	$219K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4754	+0.007%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4750	−0.092%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4760	+0.135%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4751	−0.061%	$5.0M	$883K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0240% / S −0.1538%	1h	0.4756	+0.047%	$7K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4753	−0.015%	$340	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0317%	1h	0.4752	−0.042%	$941K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4755	+0.023%	$279K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0881%	1h	0.4756	+0.036%	$53.3M	$44.0M	10x	as long as short
Lighter WLD	+0.1048%	1h	0.4760	+0.133%	$5.4M	$2.0M	10x	as long as short