Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against Pacifica+0.037%48s7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as 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−$370.367% of the position

Long on Pacifica Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)−1.645%−$164 · spread now +0.037%, 7d avg −0.053%

Together, before fees−1.725%+ Points / potential airdropPacifica: Active · farm board−$172 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 0.090% dearer against Pacifica than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.053%. The two prices were read 48 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	Pacifica WLD	0.4579	0.0100	pay 0.0013% / 1h	20m 38s	$53K	$481K	5x
Short	Polymarket Perps WLD-USD	0.4581	0.0100	get 0.0013% / 1h	20m 38s	$48K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Pacifica. 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 PacificabpFee Polymarket PerpsbpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → −0.053%: $9
Slippage, 4 orders: −$20.65
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$27.65
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Pacifica: live order book, 63 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 Pacifica live order book, 63 min ago	2.20 bp	13.5 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	2.51 bp	6.5 bp −$7	8.5 bp −$85	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
Kalshi KXWLDPERP	−0.0317%	8h	0.4583	+0.083%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4623	+0.956%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4579	+0.004%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4580	+0.017%	$108K	$900K	25x	as long as short
Orderly PERP_WLD_USDC	+0.0001%	8h	0.4580	+0.017%	$28K	$913K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4581	+0.042%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4577	−0.048%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0050%	1h	0.4581	+0.039%	$276K	$169K	5x	as long as short
Variational Omni WLD	+0.0074%	8h	0.4588	+0.191%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4579	+0.005%	$200K	$989K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLDlong	+0.0100%	1h	0.4579	long leg	$53K	$481K	5x
Binance WLDUSDT	+0.0100%	8h	0.4579	−0.003%	$86.6M	$297.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4578	−0.026%	$65.6M	$82.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4576	−0.070%	$34.2M	$141.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4579	−0.004%	$7.4M	$35.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4580	+0.017%	$49.0M	$52.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4577	−0.048%	$30.2M	$25.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4580	+0.017%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4578	−0.024%	$129K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4585	+0.119%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4592	+0.275%	$617K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	+0.192%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4581	+0.037%	$48K	$1.6M	10x
SunX WLD-USDT	+0.0100%	8h	0.4585	+0.127%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4580	+0.017%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4578	−0.026%	$864K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4580	+0.017%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4577	−0.046%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4580	+0.022%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4587	+0.175%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4578	−0.028%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0186%	1h	0.4584	+0.108%	$908K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4579	−0.004%	$4.9M	$814K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4583	+0.087%	$328	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4580	+0.016%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4586	+0.148%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0769%	1h	0.4584	+0.103%	$49.8M	$43.1M	10x	as long as short
Lighter WLD	+0.0960%	1h	0.4590	+0.242%	$5.2M	$2.1M	10x	as long as short