Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0321%/8h= −35.1% APRpaid last 24h −0.022%

Price spread now: Polymarket Perps against BloFin−0.101%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$570.565% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.237%−$24 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.101%, 7d avg +0.008%

Together, before fees−0.331%−$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.109% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.008%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLD-USDT	0.4453	0.0220	pay 0.0220% / 8h	5h 48m	$4.8M	$912K	75x
Short	Polymarket Perps WLD-USD	0.4449	−0.0101	pay 0.0013% / 1h	48m 50s	$48K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. 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 BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now −0.101%Rate

Funding earned: −$67.4
Price spread: −0.101% → +0.008%: −$10.93
Slippage, 4 orders: −$36.52
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$134.85
Costs to cover: 0.565%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Polymarket Perps: live order book, 3 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 BloFin live order book, 3 min ago	5.61 bp	11.6 bp −$12	13.8 bp −$138	40.8 bp −$4,085	126.6 bp −$63.3K
Sell Polymarket Perps live order book, 3 min ago	7.09 bp	11.1 bp −$11	22.0 bp −$220	doesn't fit	doesn't fit

WLD on 38 exchanges

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
Deribit WLD_USDC-PERPETUAL	−0.0199%	1h	0.4456	+0.067%	$101K	$1.1M	25x	as long as short
Kraken Futures PF_WLDUSD	−0.0194%	1h	0.4459	+0.131%	$854K	$2.6M	50x	as long as short
Nado WLD-PERP	−0.0140%	1h	0.4456	+0.079%	$234K	$159K	5x	as long as short
Bybit WLDUSDT	−0.0133%	8h	0.4453	0.000%	$63.6M	$84.9M	50x	as long as short
Polymarket Perps WLD-USDshort	−0.0101%	1h	0.4449	−0.101%	$48K	$2.6M	10x
Gate WLD_USDT	−0.0093%	8h	0.4454	+0.022%	$7.0M	$31.1M	75x	as long as short
01 Exchange WLDUSD	−0.0072%	1h	0.4460	+0.155%	$319	$55	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4456	+0.067%	$69K	$4.2M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4475	+0.493%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.539%	$6K	$185K	5.5x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	+0.0010%	1h	0.4459	+0.138%	$152K	$31K	10x	as long as short
Phoenix WLD	+0.0053%	1h	0.4456	+0.079%	$4K	$40K	10x	as long as short
KuCoin WLDUSDTM	+0.0060%	8h	0.4455	+0.045%	$6.6M	$10.4M	50x	as long as short
Variational Omni WLD	+0.0080%	8h	0.4450	−0.059%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0088%	8h	0.4454	+0.022%	$27K	$334K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4463	+0.216%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4462	+0.200%	$49.3M	$28.9M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4457	+0.090%	$209K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4456	+0.067%	$58K	$501K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4456	+0.070%	$84.6M	$313.0M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4454	+0.022%	$33.8M	$141.0M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4456	+0.067%	$41.7M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4455	+0.045%	$29.3M	$28.7M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4456	+0.067%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4458	+0.119%	$129K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4454	+0.027%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4471	+0.404%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4455	+0.045%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4460	+0.157%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4456	+0.067%	$231	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4455	+0.045%	$817K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4460	+0.157%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4452	−0.033%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4457	+0.088%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4450	−0.058%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4463	+0.226%	$4K	—	100x	as long as short
BloFin WLD-USDTlong	+0.0220%	8h	0.4453	long leg	$4.8M	$912K	75x
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4459	+0.135%	$271K	$967K	50x	as long as short