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 −0.014%

Price spread now: Binance against Polymarket Perps+0.292%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days−0.310%−$31 · spread now +0.292%, 7d avg +0.021%

Together, before fees−0.347%−$35 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: Binance is 0.271% dearer against Polymarket Perps than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4488	0.0100	pay 0.0013% / 1h	19m 45s	$49K	$2.7M	10x
Short	Binance WLDUSDT	0.4501	0.0100	get 0.0100% / 8h	19m 45s	$86.2M	$334.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.292%Rate

Funding earned: $0
Price spread: +0.292% → +0.021%: $27.05
Slippage, 4 orders: −$20.2
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$11.15
Costs to cover: 0.382%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; Binance: live order book, 9 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 Polymarket Perps live order book, 4 min ago	3.23 bp	13.6 bp −$14	35.6 bp −$356	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	1.11 bp	6.4 bp −$6	12.7 bp −$127	51.3 bp −$5,129	172.5 bp −$86.2K

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	0.4531	+0.960%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0030%	1h	0.4486	−0.053%	$234K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4485	−0.072%	$153K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4484	−0.087%	$64K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4490	+0.047%	$135K	$986K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4495	+0.154%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4488	+0.002%	$27K	$688K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4501	+0.301%	$228K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4486	−0.032%	$53K	$542K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4501	+0.292%	$86.2M	$334.4M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4499	+0.247%	$63.7M	$89.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4500	+0.270%	$34.0M	$150.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4500	+0.270%	$7.0M	$35.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4502	+0.314%	$40.9M	$56.8M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4499	+0.247%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4502	+0.314%	$29.8M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4502	+0.314%	—	$72.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4497	+0.205%	$131K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4481	−0.160%	$2.0M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4485	−0.060%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4488	+0.002%	$597K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4490	+0.047%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4488	long leg	$49K	$2.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4493	+0.114%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4490	+0.047%	$222	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4479	−0.198%	$819K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4491	+0.069%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4499	+0.243%	$207K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4490	+0.047%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4486	−0.047%	—	—	20x	as long as short
Lighter WLD	+0.0144%	1h	0.4496	+0.187%	$4.9M	$2.9M	10x	as long as short
Phoenix WLD	+0.0177%	1h	0.4491	+0.076%	$4K	$43K	10x	as long as short
01 Exchange WLDUSD	+0.0208%	1h	0.4490	+0.056%	$321	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4494	+0.140%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4483	−0.109%	$4.8M	$904K	75x	as long as short
Hyperliquid WLD	+0.0390%	1h	0.4507	+0.419%	$50.1M	$43.2M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4493	+0.114%	$268K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0460%	1h	0.4493	+0.109%	$860K	$2.8M	50x	as long as short