Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: Polymarket Perps against MEXC+0.009%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$170.168% of the position

Long on MEXC Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.009%, 7d avg −0.013%

Together, before fees−0.041%−$4 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 0.022% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4556	0.0100	pay 0.0100% / 8h	2h 01m	$40.8M	$57.3M	300x
Short	Polymarket Perps WLD-USD	0.4556	0.0100	get 0.0013% / 1h	1m 20s	$47K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against MEXC. 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 MEXCbpFee Polymarket PerpsbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → −0.013%: $2.19
Slippage, 4 orders: −$8.77
Fee MEXC: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14.58
Costs to cover: 0.168%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Polymarket Perps: live order book, 2 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 MEXC live order book, 3 min ago	1.10 bp	1.1 bp −$1	3.2 bp −$32	10.5 bp −$1,050	57.0 bp −$28.5K
Sell Polymarket Perps live order book, 2 min ago	3.29 bp	7.3 bp −$7	7.8 bp −$78	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	−0.0034%	1h	0.4560	+0.077%	$240K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4559	+0.069%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4561	+0.110%	$53K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4557	+0.013%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0075%	8h	0.4557	+0.022%	$6.8M	$11.9M	50x	as long as short
01 Exchange WLDUSD	+0.0080%	1h	0.4558	+0.050%	$326	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4558	+0.044%	$27K	$790K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4560	+0.077%	$227K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4561	+0.104%	$51K	$538K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4557	+0.024%	$86.7M	$339.2M	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	0.4557	+0.022%	$65.0M	$91.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4557	+0.022%	$34.6M	$155.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4557	+0.022%	$7.2M	$37.9M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4556	long leg	$40.8M	$57.3M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4557	+0.022%	$30.1M	$31.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4558	+0.044%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4564	+0.180%	$133K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	+0.498%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4565	+0.192%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4568	+0.263%	$606K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4574	+0.395%	$49K	$240K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4556	+0.009%	$47K	$2.4M	10x
SunX WLD-USDT	+0.0100%	8h	0.4568	+0.263%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4563	+0.154%	$211	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	+0.241%	$835K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4565	+0.198%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4556	+0.002%	$211K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4560	+0.077%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4556	−0.006%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4578	+0.478%	$5K	$52K	10x	as long as short
Lighter WLD	+0.0168%	1h	0.4566	+0.217%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4544	−0.263%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0188%	1h	0.4564	+0.176%	$151K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4556	−0.002%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4568	+0.263%	$4.8M	$921K	75x	as long as short
Hyperliquid WLD	+0.0365%	1h	0.4564	+0.167%	$49.7M	$44.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0496%	1h	0.4567	+0.233%	$864K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4566	+0.219%	$275K	$1.7M	50x	as long as short