Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.047%
Price spread now: Kalshi against Gate−0.022%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 7 days−0.143%−$14 · spread now −0.022%, 7d avg −0.123%
=The price spread pays, funding is against you. Kalshi is 0.101% dearer against Gate than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.123%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4517 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $7.1M | $36.3M | 75x |
| Short | Kalshi KXWLDPERP | 0.4516 | 0 | get 0.0000% / 8h | 5h 36m | $55K | $4.8M | 1.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Gate. 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: −0.022% → −0.123%
- $10.08
- Slippage, 4 orders
- −$38.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$74.35
- Costs to cover
- 0.634%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Kalshi: live order book, 2 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 Gate live order book, 3 min ago | 3.32 bp | 16.5 bp −$17 | 37.6 bp −$376 | 56.7 bp −$5,665 | 123.8 bp −$61.9K |
| Sell Kalshi live order book, 2 min ago | 3.32 bp | 21.6 bp −$22 | 29.9 bp −$299 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | 0.0000% | 1h | 0.4514 | −0.062% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERPshort | 0.0000% | 8h | 0.4516 | −0.022% | $55K | $4.8M | 1.7x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4517 | 0.000% | $150K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4516 | −0.013% | $65K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0026% | 1h | 0.4515 | −0.055% | $238K | $170K | 5x | as long as short |
| KuCoin WLDUSDTM | +0.0079% | 8h | 0.4515 | −0.044% | $6.7M | $11.9M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4516 | −0.022% | $27K | $787K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4520 | +0.060% | $226K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4515 | −0.039% | $50K | $541K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4519 | +0.044% | $86.2M | $340.2M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4516 | −0.022% | $64.5M | $91.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4518 | +0.022% | $34.1M | $154.4M | 50x | as long as short |
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4517 | long leg | $7.1M | $36.3M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4519 | +0.044% | $40.2M | $57.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4517 | 0.000% | $29.8M | $31.3M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4517 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4518 | +0.022% | $134K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4533 | +0.348% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4521 | +0.081% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4534 | +0.385% | $599K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4539 | +0.487% | $48K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4512 | −0.117% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4521 | +0.089% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4517 | 0.000% | $214 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4519 | +0.044% | $826K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4522 | +0.111% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4513 | −0.080% | $208K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4517 | +0.011% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +1.417% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4512 | −0.115% | — | — | 20x | as long as short |
| Lighter WLD | +0.0144% | 1h | 0.4523 | +0.131% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0144% | 1h | 0.4519 | +0.051% | $323 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4526 | +0.201% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4515 | −0.040% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4522 | +0.111% | $4.8M | $929K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4522 | +0.111% | $272K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0625% | 1h | 0.4524 | +0.153% | $49.6M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1047% | 1h | 0.4520 | +0.059% | $868K | $2.9M | 50x | as long as short |
Gate WLD_USDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Injective WLD/USDC PERP
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD