Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h −0.014%

Price spread now: KuCoin against Polymarket Perps−0.004%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$540.544% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.268%−$27 · spread now −0.004%, 7d avg +0.001%

Together, before fees−0.280%−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4546	0.0100	pay 0.0013% / 1h	32m 11s	$58K	$1.7M	10x
Short	KuCoin WLDUSDTM	0.4546	−0.0014	pay 0.0014% / 8h	3h 32m	$7.4M	$10.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$23.94
Price spread: −0.004% → +0.001%: −$0.58
Slippage, 4 orders: −$34.4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$78.92
Costs to cover: 0.544%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; KuCoin: 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 Polymarket Perps live order book, 2 min ago	3.76 bp	7.8 bp −$8	7.9 bp −$79	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	2.21 bp	20.8 bp −$21	33.6 bp −$336	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
Variational Omni WLD	−0.0178%	8h	0.4494	−1.158%	$2.1M	$1.4M	—	as long as short
Phoenix WLD	−0.0091%	1h	0.4514	−0.699%	$2K	$47K	10x	as long as short
Bybit WLDUSDT	−0.0074%	8h	0.4550	+0.084%	$66.3M	$71.8M	50x	as long as short
Nado WLD-PERP	−0.0038%	1h	0.4546	−0.004%	$356K	$146K	5x	as long as short
Orderly PERP_WLD_USDC	−0.0037%	8h	0.4548	+0.040%	$28K	$923K	10x	as long as short
OKX WLD-USDT-SWAP	−0.0020%	8h	0.4545	−0.026%	$34.3M	$128.9M	50x	as long as short
KuCoin WLDUSDTMshort	−0.0014%	8h	0.4546	−0.004%	$7.4M	$10.1M	50x
MEXC WLD_USDT	−0.0007%	8h	0.4546	−0.004%	$51.2M	$43.2M	300x	as long as short
Binance WLDUSDT	−0.0003%	8h	0.4549	+0.062%	$84.0M	$270.6M	75x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4542	−0.090%	$155K	$6K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	0.0000%	8h	0.4540	−0.136%	$39K	$3.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4549	+0.062%	$125K	$716K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4546	+0.005%	$59K	—	150x	as long as short
Aevo WLD-PERP	+0.0080%	1h	0.4550	+0.073%	$31K	$5K	3x	as long as short
Gate WLD_USDT	+0.0097%	8h	0.4546	−0.004%	$7.4M	$33.3M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4550	+0.079%	$45.9M	$37.8M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4545	−0.024%	$238K	$905K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4542	−0.086%	$55K	$466K	5x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4548	+0.040%	$29.9M	$24.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4546	−0.004%	—	$67.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4542	−0.097%	$132K	$276K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4487	−1.298%	$26K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4485	−1.346%	$602K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4504	−0.928%	$62K	$222K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4546	long leg	$58K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4553	+0.150%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4547	+0.018%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	−0.158%	$839K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4548	+0.040%	$1.9M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4547	+0.026%	$142K	$714K	10x	as long as short
Injective WLD/USDC PERP	+0.0112%	1h	0.4490	−1.236%	$6K	$90K	5.5x	as long as short
BloFin WLD-USDT	+0.0113%	8h	0.4541	−0.114%	$4.8M	$880K	75x	as long as short
01 Exchange WLDUSD	+0.0120%	1h	0.4550	+0.084%	$326	$77	5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4545	−0.018%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0216% / S −0.1712%	1h	0.4546	−0.007%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0296%	1h	0.4555	+0.194%	$277K	$1.5M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0367%	1h	0.4551	+0.103%	$912K	$2.3M	50x	as long as short
Lighter WLD	+0.0768%	1h	0.4557	+0.242%	$5.2M	$1.6M	10x	as long as short