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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WLDUSDT | 0.4640 | 0.0100 | pay 0.0100% / 8h | 5h 35m | $88.1M | $324.7M | 75x |
| Short | Kalshi KXWLDPERP | 0.4631 | −0.0135 | pay 0.0135% / 8h | 1h 35m | $58K | $4.5M | 1.7x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 1.07 bp | 8.0 bp −$8 | 14.6 bp −$146 | 55.9 bp −$5,588 | 203.4 bp −$101.7K |
| Sell Kalshi live order book, 3 min ago | 1.08 bp | 29.8 bp −$30 | 39.3 bp −$393 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERPshort | −0.0135% | 8h | 0.4631 | −0.187% | $58K | $4.5M | 1.7x | |
| KuCoin WLDUSDTM | −0.0038% | 8h | 0.4624 | −0.337% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4635 | −0.099% | $165K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4632 | −0.165% | $55K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0028% | 1h | 0.4639 | −0.014% | $268K | $187K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0072% | 8h | 0.4634 | −0.122% | $28K | $893K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4624 | −0.340% | $176K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4635 | −0.106% | $49K | $511K | 5x | as long as short |
| Binance WLDUSDTlong | +0.0100% | 8h | 0.4640 | long leg | $88.1M | $324.7M | 75x | |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4641 | +0.029% | $66.3M | $87.9M | 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 | 0.4643 | +0.072% | $35.0M | $149.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4637 | −0.057% | $7.2M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4641 | +0.029% | $45.8M | $54.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4644 | +0.094% | $30.7M | $29.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4639 | −0.014% | — | $67.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4632 | −0.165% | $137K | $288K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4633 | −0.152% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4621 | −0.411% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4619 | −0.446% | $607K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4623 | −0.359% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4643 | +0.076% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4640 | +0.007% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4635 | −0.100% | $293 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4634 | −0.122% | $846K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4636 | −0.079% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4639 | −0.009% | $213K | $927K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0104% | 1h | 0.4642 | +0.057% | $332 | $80 | 5x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4635 | −0.097% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4643 | +0.066% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4639 | −0.006% | $5K | $57K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0181% | 1h | 0.4637 | −0.057% | $120K | $923K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4622 | −0.381% | $5.0M | $801K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4632 | −0.175% | $5K | — | 100x | as long as short |
| Lighter WLD | +0.0232% | 1h | 0.4638 | −0.044% | $5.0M | $2.3M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4631 | −0.187% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0499% | 1h | 0.4629 | −0.221% | $51.5M | $42.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4616 | −0.510% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0893% | 1h | 0.4636 | −0.073% | $901K | $2.9M | 50x | as long as short |
Binance WLDUSDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
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
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
01 Exchange WLDUSD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Lighter WLD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD