Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.796%−$80 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WLD-USD0.44730get 0.0000% / 1h27m 01s$153K$33K10x
ShortPolymarket Perps WLD-USD0.44690.0040get 0.0005% / 1h27m 01s$39K$2.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 22 min ago102.77 bp107.8 bp −$108121.0 bp −$1,210162.0 bp −$16.2K297.6 bp −$148.8K
Sell Polymarket Perps live order book, 2 min ago1.57 bp5.6 bp −$69.9 bp −$99doesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0050%1h0.4472−0.005%$240K$207K5xas long as short
dYdX WLD-USDlong0.0000%1h0.4473long leg$153K$33K10x
Kalshi KXWLDPERP0.0000%8h0.4476+0.073%$69K$4.9M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4469−0.084%$143K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4470−0.066%$65K150xas long as short
Polymarket Perps WLD-USDshort+0.0040%1h0.4469−0.084%$39K$2.4M10x
KuCoin WLDUSDTM+0.0042%8h0.4468−0.106%$6.7M$11.9M50xas long as short
01 Exchange WLDUSD+0.0056%1h0.4470−0.061%$320$555xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4468−0.106%$28K$809K10xas long as short
Aster WLDUSDT+0.0100%8h0.4475+0.046%$223K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4473−0.002%$50K$542K5xas long as short
Binance WLDUSDT+0.0100%8h0.4471−0.046%$85.2M$338.9M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4468−0.106%$63.6M$91.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4470−0.061%$33.7M$152.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4470−0.061%$7.3M$37.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4471−0.039%$38.5M$55.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4469−0.084%$29.4M$30.9M75xas long as short
BingX WLD-USDC+0.0100%8h0.4471−0.039%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4472−0.025%$133K$305K10xas long as short
Variational Omni WLD+0.0100%8h0.4489+0.359%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4489+0.373%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4483+0.229%$592K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4492+0.431%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4474+0.028%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4469−0.084%$206$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4466−0.151%$817K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4472−0.017%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4467−0.134%$219K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4470−0.072%$30K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4469−0.076%20xas long as short
Phoenix WLD+0.0142%1h0.4490+0.384%$5K$52K10xas long as short
Lighter WLD+0.0144%1h0.4474+0.035%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4513+0.900%$6K$185K5.5xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4468−0.095%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4471−0.039%$4.8M$916K75xas long as short
Hyperliquid WLD+0.0277%1h0.4475+0.059%$48.4M$44.2M10xas long as short
Kraken Futures PF_WLDUSD+0.0507%1h0.4474+0.017%$852K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4478+0.118%$273K$1.6M50xas long as short