Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%

Price spread now: MEXC against Polymarket Perps+0.247%49s7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as 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−$160.162% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days−0.206%−$21 · spread now +0.247%, 7d avg +0.011%

Together, before fees−0.239%−$24 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: MEXC is 0.235% dearer against Polymarket Perps than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 49 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	0.4541	0.0100	pay 0.0013% / 1h	20m 39s	$39K	$2.1M	10x
Short	MEXC WLD_USDT	0.4552	0.0100	get 0.0100% / 8h	3h 20m	$40.3M	$55.2M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.247%Rate

Funding earned: $0
Price spread: +0.247% → +0.011%: $23.53
Slippage, 4 orders: −$8.18
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: $7.35
Costs to cover: 0.162%
Break-even: from the start

Slippage from Polymarket Perps: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago	1.33 bp	7.6 bp −$8	9.1 bp −$91	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.10 bp	2.2 bp −$2	5.6 bp −$56	20.3 bp −$2,028	64.5 bp −$32.3K

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	−0.0026%	1h	0.4542	+0.037%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4550	+0.196%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4541	+0.004%	$81K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4542	+0.026%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0030%	8h	0.4541	+0.004%	$6.9M	$11.7M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4542	+0.026%	$28K	$868K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4546	+0.107%	$208K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4549	+0.187%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4550	+0.199%	$86.7M	$330.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4552	+0.247%	$64.8M	$90.1M	50x	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	+0.0100%	8h	0.4553	+0.269%	$34.3M	$151.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4552	+0.247%	$7.3M	$36.6M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4552	+0.247%	$40.3M	$55.2M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4553	+0.269%	$30.1M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4551	+0.225%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4541	0.000%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4540	−0.024%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4532	−0.196%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4542	+0.034%	$601K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	−0.172%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4541	long leg	$39K	$2.1M	10x
SunX WLD-USDT	+0.0100%	8h	0.4547	+0.137%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4541	+0.004%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	−0.040%	$830K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4540	−0.018%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4551	+0.220%	$216K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4542	+0.026%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4540	−0.024%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.775%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4526	−0.326%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4543	+0.048%	$122K	$981K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4537	−0.084%	$4.9M	$881K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4543	+0.039%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0288%	1h	0.4556	+0.335%	$326	$55	5x	as long as short
Hyperliquid WLD	+0.0365%	1h	0.4547	+0.134%	$49.9M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0522%	1h	0.4546	+0.107%	$882K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4546	+0.115%	$267K	$1.6M	50x	as long as short
Lighter WLD	+0.0824%	1h	0.4555	+0.315%	$5.2M	$2.6M	10x	as long as short