WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%

Price spread now: Polymarket Perps against dYdX−0.112%47s7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1041.044% of the position

Long on dYdX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 4 days (all we have)−0.531%−$53 · spread now −0.112%, 7d avg −0.040%

Together, before fees−0.403%−$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.072% cheaper against dYdX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.040%). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX WLD-USD	0.4521	0	get 0.0000% / 1h	13m 33s	$154K	$32K	10x
Short	Polymarket Perps WLD-USD	0.4516	0.0100	get 0.0013% / 1h	13m 33s	$50K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against dYdX. 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 dYdXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.112%Rate

Funding earned: $21
Price spread: −0.112% → −0.040%: −$7.18
Slippage, 4 orders: −$86.44
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$90.62
Costs to cover: 1.044%
Break-even: 37.2 days

Slippage from dYdX: live order book, 25 min ago; Polymarket Perps: 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 dYdX live order book, 25 min ago	38.55 bp	43.6 bp −$44	45.5 bp −$455	141.3 bp −$14.1K	574.9 bp −$287.5K
Sell Polymarket Perps live order book, 5 min ago	1.89 bp	5.9 bp −$6	8.7 bp −$87	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
Injective WLD/USDC PERP	−0.0309%	1h	0.4508	−0.285%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0018%	1h	0.4515	−0.141%	$234K	$175K	5x	as long as short
dYdX WLD-USDlong	0.0000%	1h	0.4521	long leg	$154K	$32K	10x
Kalshi KXWLDPERP	0.0000%	8h	0.4517	−0.086%	$51K	$4.6M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4520	−0.016%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4524	+0.069%	$27K	$671K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4526	+0.114%	$229K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4520	−0.017%	$54K	$546K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4523	+0.051%	$86.7M	$333.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4521	+0.003%	$64.0M	$89.5M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4523	+0.047%	$34.2M	$151.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4520	−0.019%	$7.0M	$35.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4520	−0.019%	$41.4M	$57.0M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4520	−0.019%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4519	−0.041%	$29.9M	$30.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4520	−0.019%	—	$20.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4526	+0.109%	$132K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4512	−0.201%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4513	−0.179%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4519	−0.042%	$595K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4512	−0.196%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4516	−0.112%	$50K	$2.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4521	+0.003%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4523	+0.047%	$221	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4518	−0.063%	$827K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4523	+0.047%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4517	−0.087%	$208K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4525	+0.098%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4508	−0.276%	—	—	20x	as long as short
Lighter WLD	+0.0176%	1h	0.4525	+0.089%	$4.9M	$2.9M	10x	as long as short
Phoenix WLD	+0.0177%	1h	0.4507	−0.302%	$4K	$43K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0192%	1h	0.4525	+0.091%	$136K	$986K	25x	as long as short
01 Exchange WLDUSD	+0.0216%	1h	0.4527	+0.138%	$324	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4511	−0.216%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4510	−0.240%	$4.8M	$901K	75x	as long as short
Hyperliquid WLD	+0.0400%	1h	0.4524	+0.069%	$50.3M	$43.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4525	+0.091%	$269K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0456%	1h	0.4525	+0.097%	$867K	$2.8M	50x	as long as short