Funding arb · Price arb /

WLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Polymarket Perps−0.090%7-day average +0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$440.440% of the position

Long on Polymarket Perps Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)+1.263%+$126 · spread now −0.090%, 7d avg +0.056%

Together, before fees+1.343%+ Points / potential airdropPacifica: Active · farm board+$134 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: Pacifica is 0.147% 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 +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4631	0.0100	pay 0.0013% / 1h	56m 55s	$57K	$1.7M	10x
Short	Pacifica WLD	0.4627	0.0100	get 0.0013% / 1h	56m 55s	$56K	$475K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → +0.056%: −$14.67
Slippage, 4 orders: −$28
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$58.67
Costs to cover: 0.440%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; Pacifica: live order book, 31 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	2.38 bp	6.4 bp −$6	9.2 bp −$92	doesn't fit	doesn't fit
Sell Pacifica live order book, 31 min ago	2.17 bp	15.2 bp −$15	doesn't fit	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	−0.0297%	8h	0.4628	−0.069%	$31K	$3.7M	1.7x	as long as short
Phoenix WLD	−0.0091%	1h	0.4637	+0.134%	$2K	$52K	10x	as long as short
Variational Omni WLD	−0.0081%	8h	0.4652	+0.440%	$2.1M	$1.7M	—	as long as short
Orderly PERP_WLD_USDC	−0.0029%	8h	0.4629	−0.048%	$28K	$922K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4630	−0.026%	$158K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4630	−0.026%	$156K	$784K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4631	−0.013%	$58K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0014%	8h	0.4626	−0.112%	$7.0M	$10.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0030%	8h	0.4630	−0.026%	$35.0M	$139.0M	50x	as long as short
Bybit WLDUSDT	+0.0049%	8h	0.4631	−0.004%	$68.2M	$78.7M	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	+0.0084%	8h	0.4631	−0.004%	$54.9M	$46.0M	300x	as long as short
Binance WLDUSDT	+0.0084%	8h	0.4629	−0.040%	$88.6M	$290.0M	75x	as long as short
Nado WLD-PERP	+0.0100%	1h	0.4628	−0.069%	$358K	$130K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4630	−0.016%	$212K	$984K	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4627	−0.090%	$56K	$475K	5x
Gate WLD_USDT	+0.0100%	8h	0.4627	−0.091%	$7.6M	$33.8M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4629	−0.048%	$30.5M	$25.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4629	−0.048%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4630	−0.030%	$131K	$293K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4638	+0.151%	$27K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4635	+0.082%	$624K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4638	+0.147%	$56K	$226K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4631	long leg	$57K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4633	+0.039%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4628	−0.069%	$201	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4624	−0.155%	$870K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4625	−0.134%	$1.9M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4630	−0.026%	$135K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4629	−0.037%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4631	−0.013%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0204%	8h	0.4627	−0.091%	$5.0M	$876K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0223% / S −0.1831%	1h	0.4631	−0.013%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0232%	1h	0.4631	+0.002%	$331	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4647	+0.341%	$6K	$90K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4635	+0.082%	$276K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0446%	1h	0.4635	+0.086%	$48.2M	$40.4M	10x	as long as short
Lighter WLD	+0.0520%	1h	0.4640	+0.192%	$5.1M	$1.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1077%	1h	0.4630	−0.023%	$928K	$2.5M	50x	as long as short