Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against Polymarket Perps−0.111%47s7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$256as 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−$2442.439% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.755%+$75 · spread now −0.111%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.155% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.044%). Swap the legs. The two prices were read 47 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 | 0.4650 | 0.0100 | pay 0.0013% / 1h | 54m 48s | $63K | $2.0M | 10x |
| Short | dYdX WLD-USD | 0.4645 | 0 | get 0.0000% / 1h | 54m 48s | $165K | $26K | 10x |
Polymarket Perps WLD-USD
dYdX WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.111% → +0.044%
- −$15.49
- Slippage, 4 orders
- −$225.93
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$280.42
- Costs to cover
- 2.439%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; dYdX: live order book, 9 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, 4 min ago | 3.33 bp | 7.3 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 9 min ago | 109.63 bp | 114.6 bp −$115 | 114.6 bp −$1,146 | 155.3 bp −$15.5K | 244.4 bp −$122.2K |
WLD on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni WLDUSDT | −0.1098% | 1h | 0.4631 | −0.415% | $51K | $236K | 50x | as long as short |
| Kalshi KXWLDPERP | −0.0140% | 8h | 0.4664 | +0.295% | $56K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0034% | 8h | 0.4645 | −0.114% | $7.1M | $11.5M | 50x | as long as short |
| dYdX WLD-USDshort | 0.0000% | 1h | 0.4645 | −0.111% | $165K | $26K | 10x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4650 | −0.006% | $120K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4650 | −0.007% | $56K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0068% | 8h | 0.4649 | −0.028% | $28K | $895K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4648 | −0.049% | $5K | $57K | 10x | as long as short |
| Nado WLD-PERP | +0.0096% | 1h | 0.4651 | +0.004% | $270K | $187K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4655 | +0.111% | $179K | $1.0M | 50x | as long as short |
ApeX Omni WLDUSDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Phoenix WLD
Nado WLD-PERP
Aster WLDUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4646 | −0.092% | $51K | $510K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4646 | −0.100% | $88.4M | $323.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4645 | −0.114% | $66.5M | $87.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4643 | −0.157% | $35.2M | $149.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4652 | +0.037% | $7.3M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4645 | −0.114% | $45.7M | $54.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4645 | −0.114% | $30.9M | $29.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4653 | +0.058% | — | $67.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4653 | +0.067% | $137K | $285K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4684 | +0.719% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4637 | −0.283% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4654 | +0.089% | $615K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4650 | long leg | $63K | $2.0M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4655 | +0.101% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4651 | +0.015% | $300 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4653 | +0.058% | $850K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4651 | +0.015% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4654 | +0.077% | $215K | $887K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4652 | +0.035% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4647 | −0.065% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4650 | −0.010% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4653 | +0.062% | $333 | $80 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4671 | +0.445% | $277K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0556% | 1h | 0.4655 | +0.103% | $51.8M | $42.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4650 | −0.006% | $6K | $185K | 5.5x | as long as short |
| Lighter WLD | +0.0840% | 1h | 0.4653 | +0.056% | $5.2M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0890% | 1h | 0.4654 | +0.072% | $904K | $2.9M | 50x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP
Lighter WLD
Kraken Futures PF_WLDUSD