Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against ApeX Omni+0.064%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$440.444% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.064%, 7d avg −0.030%

Together, before fees−0.297%−$30 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: Polymarket Perps is 0.094% dearer against ApeX Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4519	0.0100	pay 0.0013% / 1h	58m 56s	$54K	$227K	50x
Short	Polymarket Perps WLD-USD	0.4522	0.0100	get 0.0013% / 1h	58m 56s	$51K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. 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 ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → −0.030%: $9.39
Slippage, 4 orders: −$26.42
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$35.04
Costs to cover: 0.444%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 22 min ago; Polymarket Perps: live order book, 5 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 ApeX Omni live order book, 22 min ago	6.60 bp	14.6 bp −$15	100.4 bp −$1,004	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.65 bp	7.3 bp −$7	8.7 bp −$87	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
Kalshi KXWLDPERP	−0.0486%	8h	0.4518	−0.022%	$45K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4542	+0.509%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0019%	1h	0.4521	+0.055%	$271K	$169K	5x	as long as short
Orderly PERP_WLD_USDC	−0.0014%	8h	0.4522	+0.066%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0001%	8h	0.4518	−0.022%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4512	−0.154%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4523	+0.089%	$122K	$911K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4522	+0.076%	$56K	—	150x	as long as short
Variational Omni WLD	+0.0025%	8h	0.4516	−0.060%	$2.1M	$1.7M	—	as long as short
Phoenix WLD	+0.0052%	1h	0.4523	+0.097%	$5K	$49K	10x	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	+0.0098%	8h	0.4521	+0.044%	$33.8M	$137.9M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4518	−0.014%	$212K	$976K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4515	−0.085%	$51K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4520	+0.032%	$84.8M	$293.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4521	+0.044%	$64.4M	$80.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4520	+0.022%	$7.3M	$34.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4520	+0.022%	$52.2M	$48.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4517	−0.044%	$29.9M	$25.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4520	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4524	+0.115%	$128K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4516	−0.065%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4521	+0.043%	$606K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4519	long leg	$54K	$227K	50x
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4522	+0.064%	$51K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4527	+0.177%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4521	+0.044%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4525	+0.133%	$854K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4522	+0.066%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4518	−0.026%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4523	+0.089%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4520	+0.012%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0188%	1h	0.4524	+0.100%	$920K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4518	−0.022%	$4.8M	$811K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0244% / S −0.2042%	1h	0.4523	+0.087%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4526	+0.144%	$324	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4530	+0.243%	$277K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0899%	1h	0.4529	+0.219%	$47.0M	$41.6M	10x	as long as short
Lighter WLD	+0.0936%	1h	0.4531	+0.257%	$5.1M	$2.0M	10x	as long as short