Funding you earn now, next payment 09:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h −0.023%
Price spread now: Polymarket Perps against Injective−0.566%51s7-day average −0.198% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.566%, 7d avg −0.198%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Polymarket Perps is 0.368% cheaper against Injective than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.198%). Swap the legs. The two prices were read 51 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 | Injective WLD/USDC PERP | 0.4508 | 0.0109 | pay 0.0014% / 1h | 32m 18s | $6K | $185K | 5.5x |
| Short | Polymarket Perps WLD-USD | 0.4482 | 0.0100 | get 0.0013% / 1h | 32m 18s | $49K | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.99
- Price spread: −0.566% → −0.198%
- −$36.82
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$46.83
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 32 min ago; Polymarket Perps: live order book, 32 min ago. Net counts fees only.
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 Injective live order book, 32 min ago | 56.75 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 32 min ago | 3.55 bp | 7.8 bp −$8 | 8.8 bp −$88 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0006% | 1h | 0.4481 | −0.588% | $232K | $175K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4485 | −0.510% | $42K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4484 | −0.532% | $116K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4482 | −0.580% | $65K | — | 150x | as long as short |
| Bybit WLDUSDT | +0.0068% | 8h | 0.4479 | −0.643% | $63.3M | $89.0M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4484 | −0.532% | $27K | $587K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4487 | −0.476% | $226K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4486 | −0.490% | $54K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4482 | −0.566% | $85.8M | $333.2M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4481 | −0.599% | $33.9M | $148.4M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4479 | −0.643% | $7.0M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4482 | −0.577% | $41.6M | $56.3M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4479 | −0.643% | $6.6M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4478 | −0.665% | $29.6M | $31.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4480 | −0.621% | — | $20.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4489 | −0.433% | $129K | $297K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4503 | −0.116% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4504 | −0.094% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4504 | −0.089% | $600K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4512 | +0.089% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USDshort | +0.0100% | 1h | 0.4482 | −0.566% | $49K | $2.7M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4488 | −0.444% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4482 | −0.577% | $214 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4477 | −0.688% | $821K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4484 | −0.532% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4480 | −0.614% | $207K | $876K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4524 | +0.364% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERPlong | +0.0109% | 1h | 0.4508 | long leg | $6K | $185K | 5.5x | |
| Hyperliquid WLD | +0.0124% | 1h | 0.4486 | −0.488% | $49.7M | $43.1M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4479 | −0.649% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4488 | −0.441% | $4.9M | $2.9M | 10x | as long as short |
| dYdX WLD-USD | +0.0165% | 1h | 0.4488 | −0.437% | $153K | $31K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0176% | 1h | 0.4482 | −0.566% | $321 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4514 | +0.124% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4481 | −0.597% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4488 | −0.444% | $4.3M | $903K | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0305% | 1h | 0.4485 | −0.512% | $861K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4492 | −0.355% | $266K | $1.6M | 50x | as long as short |
Injective WLD/USDC PERP
Polymarket Perps WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Bybit WLDUSDT
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Hyperliquid WLD
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX