Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.006%

Price spread now: edgeX against Polymarket Perps+0.162%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$310.313% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.162%, 7d avg −0.048%

Together, before fees−0.113%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.209% dearer against Polymarket Perps than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.048%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4482	−0.0178	get 0.0022% / 1h	31m 04s	$38K	$2.7M	10x
Short	edgeX WLDUSDC	0.4489	0.0100	get 0.0050% / 4h	31m 04s	$27K	$323K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.162%Rate

Funding earned: $58.3
Price spread: +0.162% → −0.048%: $20.95
Slippage, 4 orders: −$14.35
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $47.9
Costs to cover: 0.313%
Break-even: 1.2 days

Slippage from Polymarket Perps: live order book, 6 min ago; edgeX: live order book, 10 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, 6 min ago	2.67 bp	6.7 bp −$7	6.9 bp −$69	doesn't fit	doesn't fit
Sell edgeX live order book, 10 min ago	4.45 bp	9.0 bp −$9	17.5 bp −$175	doesn't fit	doesn't fit

WLD on 38 exchanges

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
Kraken Futures PF_WLDUSD	−0.0186%	1h	0.4485	+0.056%	$840K	$2.6M	50x	as long as short
Polymarket Perps WLD-USDlong	−0.0178%	1h	0.4482	long leg	$38K	$2.7M	10x
Nado WLD-PERP	−0.0119%	1h	0.4484	+0.045%	$234K	$134K	5x	as long as short
Gate WLD_USDT	−0.0105%	8h	0.4480	−0.045%	$7.1M	$30.9M	75x	as long as short
Bybit WLDUSDT	−0.0092%	8h	0.4480	−0.045%	$64.1M	$84.5M	50x	as long as short
KuCoin WLDUSDTM	−0.0012%	8h	0.4480	−0.045%	$6.6M	$10.2M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4481	−0.017%	$153K	$31K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4483	+0.022%	$40K	$4.2M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4483	+0.022%	$106K	$1.1M	25x	as long as short
Variational Omni WLD	+0.0002%	8h	0.4485	+0.072%	$2.1M	$1.4M	—	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4484	+0.053%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0033%	1h	0.4477	−0.112%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0036%	1h	0.4484	+0.042%	$4K	$41K	10x	as long as short
01 Exchange WLDUSD	+0.0072%	1h	0.4487	+0.107%	$321	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0073%	8h	0.4482	0.000%	$27K	$165K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4487	+0.123%	$4.9M	$3.0M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4484	+0.045%	$212K	$909K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4485	+0.075%	$64K	$513K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4481	−0.022%	$84.9M	$312.2M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4479	−0.067%	$34.5M	$141.7M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4480	−0.045%	$41.2M	$55.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4479	−0.067%	$29.3M	$28.3M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4481	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4482	−0.004%	$126K	$278K	10x	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4489	+0.162%	$27K	$323K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4494	+0.268%	$594K	$2.4M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4494	+0.268%	$48K	$249K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4488	+0.134%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4482	0.000%	$228	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4481	−0.022%	$822K	$1.1M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4482	0.000%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4478	−0.091%	$211K	$645K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4484	+0.045%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4481	−0.028%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4484	+0.044%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4484	+0.045%	$4.7M	$873K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0264%	1h	0.4481	−0.022%	$271K	$974K	50x	as long as short
Hyperliquid WLD	+0.0456%	1h	0.4487	+0.112%	$51.4M	$28.6M	10x	as long as short