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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0235%/8h= −25.8% APRnext payment $2.35 per $10,000 · paid last 24h −0.054%
Price spread now: Kalshi against Binance−0.187%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 7 days+0.150%+$15 · spread now −0.187%, 7d avg −0.127%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kalshi is 0.060% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.127%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WLDUSDT0.46400.0100pay 0.0100% / 8h5h 35m$88.1M$324.7M75x
ShortKalshi KXWLDPERP0.4631−0.0135pay 0.0135% / 8h1h 35m$58K$4.5M1.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Binance. 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
−$49.45
Price spread: −0.187% → −0.127%
−$5.95
Slippage, 4 orders
−$34.28
Fee Binance: 5 bp × 2 orders
−$10
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$109.69
Costs to cover
0.543%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Kalshi: live order book, 3 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 Binance live order book, 8 min ago1.07 bp8.0 bp −$814.6 bp −$14655.9 bp −$5,588203.4 bp −$101.7K
Sell Kalshi live order book, 3 min ago1.08 bp29.8 bp −$3039.3 bp −$393doesn'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
Kalshi KXWLDPERPshort−0.0135%8h0.4631−0.187%$58K$4.5M1.7x
KuCoin WLDUSDTM−0.0038%8h0.4624−0.337%$7.1M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4635−0.099%$165K$26K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4632−0.165%$55K150xas long as short
Nado WLD-PERP+0.0028%1h0.4639−0.014%$268K$187K5xas long as short
Orderly PERP_WLD_USDC+0.0072%8h0.4634−0.122%$28K$893K10xas long as short
Aster WLDUSDT+0.0100%8h0.4624−0.340%$176K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4635−0.106%$49K$511K5xas long as short
Binance WLDUSDTlong+0.0100%8h0.4640long leg$88.1M$324.7M75x
Bybit WLDUSDT+0.0100%8h0.4641+0.029%$66.3M$87.9M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4643+0.072%$35.0M$149.3M50xas long as short
Gate WLD_USDT+0.0100%8h0.4637−0.057%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4641+0.029%$45.8M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4644+0.094%$30.7M$29.5M75xas long as short
BingX WLD-USDT+0.0100%8h0.4639−0.014%$67.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4632−0.165%$137K$288K10xas long as short
Variational Omni WLD+0.0100%8h0.4633−0.152%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4621−0.411%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4619−0.446%$607K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4623−0.359%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4643+0.076%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4640+0.007%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4635−0.100%$293$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4634−0.122%$846K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4636−0.079%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4639−0.009%$213K$927K10xas long as short
01 Exchange WLDUSD+0.0104%1h0.4642+0.057%$332$805xas long as short
Aevo WLD-PERP+0.0104%1h0.4635−0.097%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4643+0.066%20xas long as short
Phoenix WLD+0.0172%1h0.4639−0.006%$5K$57K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0181%1h0.4637−0.057%$120K$923K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4622−0.381%$5.0M$801K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4632−0.175%$5K100xas long as short
Lighter WLD+0.0232%1h0.4638−0.044%$5.0M$2.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4631−0.187%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0499%1h0.4629−0.221%$51.5M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4616−0.510%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0893%1h0.4636−0.073%$901K$2.9M50xas long as short