Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.041%
Price spread now: Deribit against Polymarket Perps+0.024%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 3 days (all we have)+0.359%+$36 · spread now +0.024%, 7d avg +0.013%
Together, before fees+0.245%+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps WLD-USD0.45220.0100pay 0.0013% / 1h58m 43s$51K$1.7M10x
ShortDeribit WLD_USDC-PERPETUAL0.45230get 0.0000% / 1h58m 43s$122K$911K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$21
Price spread: +0.024% → +0.013%
$1.17
Slippage, 4 orders
−$15.06
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$49.89
Costs to cover
0.301%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Deribit: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago2.65 bp7.7 bp −$810.3 bp −$103doesn't fitdoesn't fit
Sell Deribit live order book, 25 min ago2.19 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0486%8h0.4518−0.086%$45K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4542+0.445%$6K$185K5.5xas long as short
Nado WLD-PERP−0.0019%1h0.4521−0.009%$271K$169K5xas long as short
Orderly PERP_WLD_USDC−0.0014%8h0.4522+0.002%$27K$916K10xas long as short
KuCoin WLDUSDTM−0.0001%8h0.4519−0.064%$7.0M$10.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4524+0.036%$154K$6K10xas long as short
Deribit WLD_USDC-PERPETUALshort0.0000%1h0.4523+0.024%$122K$911K25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4522+0.012%$56K150xas long as short
Variational Omni WLD+0.0025%8h0.4516−0.124%$2.1M$1.7Mas long as short
Phoenix WLD+0.0052%1h0.4523+0.033%$5K$49K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0098%8h0.4521−0.020%$33.8M$137.8M50xas long as short
Aster WLDUSDT+0.0100%8h0.4520−0.034%$212K$976K50xas long as short
Pacifica WLD+0.0100%1h0.4525+0.065%$51K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4524+0.046%$84.9M$293.7M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4525+0.069%$64.4M$80.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4520−0.042%$7.3M$34.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4524+0.046%$53.7M$48.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4523+0.024%$30.0M$25.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4524+0.046%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4524+0.051%$128K$270K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4516−0.129%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4521−0.021%$606K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4519−0.064%$54K$227K50xas long as short
Polymarket Perps WLD-USDlong+0.0100%1h0.4522long leg$51K$1.7M10x
SunX WLD-USDT+0.0100%8h0.4527+0.113%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4521−0.020%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4525+0.069%$854K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4522+0.002%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4518−0.090%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4523+0.024%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4520−0.052%20xas long as short
Kraken Futures PF_WLDUSD+0.0188%1h0.4524+0.036%$920K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4518−0.086%$4.8M$811K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0244% / S −0.2042%1h0.4523+0.023%$9K100xas long as short
01 Exchange WLDUSD+0.0304%1h0.4526+0.080%$324$775xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4530+0.179%$277K$1.6M50xas long as short
Lighter WLD+0.0536%1h0.4534+0.276%$5.1M$2.0M10xas long as short
Hyperliquid WLD+0.0926%1h0.4528+0.139%$47.2M$41.7M10xas long as short