Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%

Price spread now: MEXC against Polymarket Perps−0.047%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$160.158% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 7 days−0.150%−$15 · spread now −0.047%, 7d avg +0.007%

Together, before fees−0.200%−$20 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: MEXC is 0.054% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4632	0.0100	pay 0.0013% / 1h	45m 32s	$44K	$1.6M	10x
Short	MEXC WLD_USDT	0.4630	0.0100	get 0.0100% / 8h	45m 32s	$48.5M	$51.8M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → +0.007%: −$5.42
Slippage, 4 orders: −$7.77
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$21.19
Costs to cover: 0.158%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago	2.16 bp	6.2 bp −$6	7.9 bp −$79	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.08 bp	1.8 bp −$2	5.7 bp −$57	18.4 bp −$1,843	58.0 bp −$29.0K

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	−0.0231%	8h	0.4648	+0.341%	$34K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4633	+0.025%	$165K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4654	+0.474%	$58K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0014%	8h	0.4653	+0.449%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0020%	8h	0.4637	+0.104%	$7.1M	$10.9M	50x	as long as short
Nado WLD-PERP	+0.0073%	1h	0.4629	−0.058%	$279K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4637	+0.094%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4637	+0.105%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4631	−0.026%	$87.8M	$299.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4630	−0.047%	$66.3M	$82.5M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4628	−0.091%	$34.6M	$143.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4636	+0.082%	$7.5M	$35.3M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4630	−0.047%	$48.5M	$51.8M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4628	−0.091%	$30.5M	$25.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4634	+0.039%	—	$67.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4653	+0.445%	$130K	$270K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4627	−0.114%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4628	−0.080%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4637	+0.098%	$626K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4627	−0.112%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4632	long leg	$44K	$1.6M	10x
SunX WLD-USDT	+0.0100%	8h	0.4654	+0.471%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4655	+0.492%	$209	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4644	+0.255%	$865K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4652	+0.427%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4631	−0.022%	$238K	$859K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4656	+0.513%	$32K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4654	+0.462%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4627	−0.114%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4626	−0.134%	$4.9M	$830K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4654	+0.476%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4634	+0.037%	$332	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.436%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0395%	1h	0.4657	+0.535%	$113K	$883K	25x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4646	+0.298%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0658%	1h	0.4637	+0.095%	$50.5M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0706%	1h	0.4657	+0.542%	$927K	$2.6M	50x	as long as short
Lighter WLD	+0.1728%	1h	0.4648	+0.332%	$5.3M	$2.0M	10x	as long as short