Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0234%/8h= −25.6% APRpaid last 24h −0.069%

Price spread now: Kalshi against edgeX−0.070%7-day average −0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$510.513% of the position

Long on edgeX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.322%−$32 on $10k

Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.070%, 7d avg −0.099%

Together, before fees−0.127%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.030% dearer against edgeX than usual: you sell high and buy low (spread −0.070% now, against its 7-day average of −0.099%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WLDUSDC	0.4635	0.0100	pay 0.0050% / 4h	1h 32m	$28K	$319K	20x
Short	Kalshi KXWLDPERP	0.4632	−0.0134	pay 0.0134% / 8h	1h 32m	$57K	$4.5M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against edgeX. 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 edgeXbpFee KalshibpOrdersPrice spread, now −0.070%Rate

Funding earned: −$49.05
Price spread: −0.070% → −0.099%: $2.96
Slippage, 4 orders: −$32.3
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$97.39
Costs to cover: 0.513%
Break-even: never at this rate

Slippage from edgeX: live order book, 30 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 edgeX live order book, 30 min ago	4.28 bp	8.8 bp −$9	19.9 bp −$199	doesn't fit	doesn't fit
Sell Kalshi live order book, 1 min ago	1.08 bp	6.1 bp −$6	11.4 bp −$114	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	−0.0134%	8h	0.4632	−0.070%	$57K	$4.5M	1.7x
KuCoin WLDUSDTM	−0.0040%	8h	0.4636	+0.017%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4635	−0.014%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4636	+0.017%	$120K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4636	+0.011%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0026%	1h	0.4633	−0.048%	$268K	$187K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0073%	8h	0.4636	+0.017%	$28K	$893K	10x	as long as short
01 Exchange WLDUSD	+0.0096%	1h	0.4633	−0.039%	$331	$80	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4636	+0.020%	$174K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4635	+0.001%	$49K	$511K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4635	−0.014%	$88.0M	$324.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4634	−0.026%	$66.2M	$87.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4634	−0.026%	$35.0M	$149.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4637	+0.038%	$7.2M	$36.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4638	+0.060%	$45.9M	$54.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4636	+0.017%	$30.6M	$29.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4636	+0.017%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4637	+0.034%	$137K	$290K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4633	−0.057%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDClong	+0.0100%	4h	0.4635	long leg	$28K	$319K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4634	−0.026%	$609K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4643	+0.168%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4636	+0.017%	$54K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4640	+0.103%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4636	+0.017%	$290	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4641	+0.125%	$848K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4637	+0.038%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4635	−0.001%	$213K	$927K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4635	−0.002%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4636	+0.010%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4625	−0.229%	$5K	$57K	10x	as long as short
Lighter WLD	+0.0200%	1h	0.4643	+0.163%	$5.0M	$2.3M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4638	+0.060%	$5.0M	$805K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4636	+0.011%	$5K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4624	−0.242%	$274K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0490%	1h	0.4643	+0.168%	$51.7M	$42.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4616	−0.415%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0893%	1h	0.4639	+0.087%	$902K	$2.9M	50x	as long as short