Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.021%

Price spread now: KuCoin against Polymarket Perps+0.024%49s7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as 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−$530.533% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.024%, 7d avg +0.006%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 49 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	Polymarket Perps WLD-USD	0.4579	0.0100	pay 0.0013% / 1h	12m 33s	$40K	$2.1M	10x
Short	KuCoin WLDUSDTM	0.4580	−0.0004	pay 0.0004% / 8h	4h 12m	$7.0M	$11.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$21.84
Price spread: +0.024% → +0.006%: $1.79
Slippage, 4 orders: −$33.27
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$73.32
Costs to cover: 0.533%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago	2.08 bp	6.1 bp −$6	9.0 bp −$90	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	2.19 bp	22.9 bp −$23	42.8 bp −$428	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
Nado WLD-PERP	−0.0048%	1h	0.4580	+0.024%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTMshort	−0.0004%	8h	0.4580	+0.024%	$7.0M	$11.7M	50x
dYdX WLD-USD	0.0000%	1h	0.4581	+0.050%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4579	+0.002%	$46K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4582	+0.068%	$118K	$942K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4580	+0.019%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4583	+0.090%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0095%	8h	0.4580	+0.024%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4586	+0.144%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	+0.051%	$211K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4581	+0.040%	$49K	$527K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4579	+0.010%	$86.8M	$328.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4578	−0.020%	$65.1M	$89.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4579	+0.002%	$34.3M	$149.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4579	+0.002%	$7.2M	$37.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4580	+0.024%	$44.0M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4579	+0.002%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4579	+0.002%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4582	+0.059%	$137K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.026%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4575	−0.084%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4576	−0.063%	$602K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4573	−0.129%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4579	long leg	$40K	$2.1M	10x
SunX WLD-USDT	+0.0100%	8h	0.4586	+0.155%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4581	+0.046%	$175	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4574	−0.107%	$836K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4582	+0.068%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4576	−0.058%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4582	+0.061%	$31K	$600	3x	as long as short
01 Exchange WLDUSD	+0.0128%	1h	0.4583	+0.083%	$328	$80	5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4577	−0.036%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4586	+0.164%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4584	+0.111%	$4.9M	$833K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4580	+0.030%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0327%	1h	0.4585	+0.129%	$50.3M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0479%	1h	0.4584	+0.119%	$885K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4593	+0.308%	$269K	$1.7M	50x	as long as short