Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.026%
Price spread now: Polymarket Perps against dYdX−0.084%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2282.279% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−0.922%−$92 · spread now −0.084%, 7d avg −0.041%
=Funding pays, the price is against you. Polymarket Perps is 0.042% cheaper against dYdX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.041%). If the spread goes back, that is −$4 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WLD-USD | 0.4473 | 0 | get 0.0000% / 1h | 27m 01s | $153K | $33K | 10x |
| Short | Polymarket Perps WLD-USD | 0.4469 | 0.0040 | get 0.0005% / 1h | 27m 01s | $39K | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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
- $8.5
- Price spread: −0.084% → −0.041%
- −$4.23
- Slippage, 4 orders
- −$209.94
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$223.67
- Costs to cover
- 2.279%
- Break-even
- 191.2 days
Slippage from dYdX: live order book, 22 min ago; Polymarket Perps: live order book, 2 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 dYdX live order book, 22 min ago | 102.77 bp | 107.8 bp −$108 | 121.0 bp −$1,210 | 162.0 bp −$16.2K | 297.6 bp −$148.8K |
| Sell Polymarket Perps live order book, 2 min ago | 1.57 bp | 5.6 bp −$6 | 9.9 bp −$99 | 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 | −0.0050% | 1h | 0.4472 | −0.005% | $240K | $207K | 5x | as long as short |
| dYdX WLD-USDlong | 0.0000% | 1h | 0.4473 | long leg | $153K | $33K | 10x | |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4476 | +0.073% | $69K | $4.9M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4469 | −0.084% | $143K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4470 | −0.066% | $65K | — | 150x | as long as short |
| Polymarket Perps WLD-USDshort | +0.0040% | 1h | 0.4469 | −0.084% | $39K | $2.4M | 10x | |
| KuCoin WLDUSDTM | +0.0042% | 8h | 0.4468 | −0.106% | $6.7M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4470 | −0.061% | $320 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4468 | −0.106% | $28K | $809K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4475 | +0.046% | $223K | $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 | 0.4473 | −0.002% | $50K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4471 | −0.046% | $85.2M | $338.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4468 | −0.106% | $63.6M | $91.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4470 | −0.061% | $33.7M | $152.4M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4470 | −0.061% | $7.3M | $37.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4471 | −0.039% | $38.5M | $55.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4469 | −0.084% | $29.4M | $30.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4471 | −0.039% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4472 | −0.025% | $133K | $305K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4489 | +0.359% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4489 | +0.373% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4483 | +0.229% | $592K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4492 | +0.431% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4474 | +0.028% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4469 | −0.084% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4466 | −0.151% | $817K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4472 | −0.017% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4467 | −0.134% | $219K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4470 | −0.072% | $30K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4469 | −0.076% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4490 | +0.384% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0144% | 1h | 0.4474 | +0.035% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4513 | +0.900% | $6K | $185K | 5.5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4468 | −0.095% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4471 | −0.039% | $4.8M | $916K | 75x | as long as short |
| Hyperliquid WLD | +0.0277% | 1h | 0.4475 | +0.059% | $48.4M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0507% | 1h | 0.4474 | +0.017% | $852K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4478 | +0.118% | $273K | $1.6M | 50x | as long as short |
Polymarket Perps WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
01 Exchange WLDUSD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Phoenix WLD
Lighter WLD
Injective WLD/USDC PERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX