Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Polymarket Perps against edgeX+0.176%56s7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as 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−$300.296% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 4 days (all we have)−0.730%−$73 · spread now +0.176%, 7d avg +0.047%

Together, before fees−0.803%+ Points / potential airdropedgeX: Active · farm board−$80 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: Polymarket Perps is 0.130% dearer against edgeX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 56 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	edgeX WLDUSDC	0.4508	0.0100	pay 0.0050% / 4h	15m 32s	$27K	$322K	20x
Short	Polymarket Perps WLD-USD	0.4516	0.0100	get 0.0013% / 1h	15m 32s	$50K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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 edgeXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.176%Rate

Funding earned: $0
Price spread: +0.176% → +0.047%: $12.98
Slippage, 4 orders: −$12.63
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$16.64
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from edgeX: live order book, 23 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 edgeX live order book, 23 min ago	4.43 bp	8.9 bp −$9	17.5 bp −$175	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 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	+0.003%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0023%	1h	0.4511	+0.081%	$235K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4515	+0.152%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4509	+0.026%	$58K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4515	+0.159%	$136K	$986K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4514	+0.135%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4514	+0.137%	$27K	$679K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4516	+0.181%	$228K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4517	+0.205%	$54K	$546K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4516	+0.181%	$86.5M	$333.7M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4514	+0.137%	$63.9M	$89.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4514	+0.137%	$34.1M	$151.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4515	+0.159%	$7.0M	$35.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4515	+0.159%	$41.3M	$57.0M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4514	+0.137%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4514	+0.137%	$29.8M	$30.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4515	+0.159%	—	$72.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4514	+0.137%	$131K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4512	+0.088%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDClong	+0.0100%	4h	0.4508	long leg	$27K	$322K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4507	−0.010%	$606K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4512	+0.092%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4516	+0.176%	$50K	$2.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4521	+0.292%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4514	+0.137%	$223	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4511	+0.070%	$825K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4515	+0.159%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4512	+0.102%	$207K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4515	+0.159%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4506	−0.034%	—	—	20x	as long as short
Lighter WLD	+0.0160%	1h	0.4521	+0.303%	$4.9M	$2.9M	10x	as long as short
Phoenix WLD	+0.0177%	1h	0.4507	−0.014%	$4K	$43K	10x	as long as short
01 Exchange WLDUSD	+0.0216%	1h	0.4517	+0.203%	$323	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4513	+0.117%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4511	+0.070%	$4.8M	$902K	75x	as long as short
Hyperliquid WLD	+0.0396%	1h	0.4523	+0.327%	$50.3M	$43.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4518	+0.225%	$268K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0457%	1h	0.4515	+0.162%	$865K	$2.8M	50x	as long as short