Funding you earn now, next payment 04:00 UTC+0.0382%/8h= +41.9% APRnext payment +$0.48 per $10,000 · paid last 24h +0.022%
Price spread now: Kraken Futures against Polymarket Perps−0.006%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.006%, 7d avg +0.024%
=Funding pays, the price is against you. Kraken Futures is 0.030% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.024%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.123% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.123% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WLD-USD | 0.4549 | 0.0100 | pay 0.0013% / 1h | 37m 55s | $47K | $2.1M | 10x |
| Short | Kraken Futures PF_WLDUSD | 0.4549 | 0.0482 | get 0.0060% / 1h | 37m 55s | $880K | $2.8M | 50x |
Polymarket Perps WLD-USD
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $80.31
- Price spread: −0.006% → +0.024%
- −$2.98
- Slippage, 4 orders
- −$35.22
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $24.11
- Costs to cover
- 0.532%
- Break-even
- 4.9 days
Slippage from Polymarket Perps: live order book, 6 min ago; Kraken Futures: live order book, 1 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 | 3.18 bp | 8.0 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 7.69 bp | 14.7 bp −$15 | 27.3 bp −$273 | 998.0 bp −$99.8K | 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 | −0.0105% | 8h | 0.4544 | −0.110% | $57K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0057% | 1h | 0.4548 | −0.022% | $241K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0030% | 8h | 0.4542 | −0.154% | $6.9M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4543 | −0.138% | $155K | $33K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4546 | −0.066% | $117K | $927K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4549 | −0.002% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | +0.198% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0064% | 1h | 0.4546 | −0.066% | $325 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0087% | 8h | 0.4545 | −0.088% | $28K | $887K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4548 | −0.022% | $4.9M | $2.4M | 10x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Lighter WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4546 | −0.065% | $199K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4543 | −0.129% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4546 | −0.055% | $86.2M | $327.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4545 | −0.088% | $64.7M | $89.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4544 | −0.110% | $34.1M | $148.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4544 | −0.110% | $7.1M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4544 | −0.110% | $43.6M | $54.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4543 | −0.132% | $30.0M | $30.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4543 | −0.132% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4545 | −0.079% | $135K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4554 | +0.102% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4565 | +0.353% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4571 | +0.481% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4557 | +0.176% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4549 | long leg | $47K | $2.1M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4549 | 0.000% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4544 | −0.110% | $171 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4548 | −0.022% | $833K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4544 | −0.110% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4542 | −0.146% | $218K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4547 | −0.043% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4548 | −0.022% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4570 | +0.455% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLD | +0.0184% | 1h | 0.4548 | −0.022% | $49.9M | $43.2M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4539 | −0.220% | $4.9M | $846K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4548 | −0.024% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0482% | 1h | 0.4549 | −0.006% | $880K | $2.8M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4552 | +0.066% | $267K | $1.7M | 50x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX