Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.053%
Price spread now: Kalshi against BingX−0.066%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 7 days−0.143%−$14 · spread now −0.066%, 7d avg −0.114%
=The price spread pays, funding is against you. Kalshi is 0.048% dearer against BingX than usual: you sell high and buy low (spread −0.066% now, against its 7-day average of −0.114%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WLD-USDT | 0.4527 | 0.0100 | pay 0.0100% / 8h | 7h 57m | — | $20.1M | — |
| Short | Kalshi KXWLDPERP | 0.4524 | 0 | get 0.0000% / 8h | 3h 57m | $40K | $4.6M | 1.7x |
BingX WLD-USDT
Kalshi KXWLDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against BingX. 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: −0.066% → −0.114%
- $4.77
- Slippage, 4 orders
- −$20.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$56.58
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Kalshi: live order book, 1 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 BingX live order book, 11 min ago | 1.11 bp | 6.6 bp −$7 | 10.4 bp −$104 | 27.0 bp −$2,696 | 118.1 bp −$59.0K |
| Sell Kalshi live order book, 1 min ago | 8.84 bp | 13.8 bp −$14 | 21.7 bp −$217 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex WLDUSDT | −0.0505% | 8h | 0.4523 | −0.088% | $1.7M | $3.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4527 | −0.003% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERPshort | 0.0000% | 8h | 0.4524 | −0.066% | $40K | $4.6M | 1.7x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4525 | −0.044% | $119K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4532 | +0.108% | $66K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0011% | 1h | 0.4532 | +0.121% | $235K | $175K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4525 | −0.044% | $27K | $633K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4532 | +0.110% | $228K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4527 | +0.010% | $54K | $543K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4531 | +0.097% | $86.9M | $333.2M | 75x | as long as short |
Phemex WLDUSDT
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4530 | +0.066% | $64.1M | $89.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4532 | +0.110% | $34.3M | $150.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4528 | +0.022% | $7.1M | $34.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4531 | +0.088% | $42.3M | $55.4M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4530 | +0.066% | $6.7M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4531 | +0.088% | $29.9M | $31.0M | 75x | as long as short |
| BingX WLD-USDTlong | +0.0100% | 8h | 0.4527 | long leg | — | $20.1M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4521 | −0.137% | $132K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4521 | −0.135% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4520 | −0.159% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4528 | +0.014% | $601K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4521 | −0.133% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4533 | +0.133% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4530 | +0.066% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4524 | −0.066% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4526 | −0.022% | $828K | $1.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4527 | +0.008% | $208K | $878K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4526 | −0.033% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | −0.420% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4530 | +0.063% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4530 | +0.060% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4522 | −0.111% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4524 | −0.066% | $4.4M | $898K | 75x | as long as short |
| Lighter WLD | +0.0256% | 1h | 0.4533 | +0.128% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4535 | +0.183% | $324 | $55 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0303% | 1h | 0.4526 | −0.030% | $870K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4527 | 0.000% | $269K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0443% | 1h | 0.4538 | +0.243% | $50.4M | $43.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
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
Extended WLD-USD
Aevo WLD-PERP
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Lighter WLD
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD