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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.058%
Price spread now: Kalshi against GRVT+0.876%79s7-day average −0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.307%−$31 on $10k
Price spread, last 7 days−0.965%−$97 · spread now +0.876%, 7d avg −0.142%
Together, before fees−1.273%+ Points / potential airdropGRVT: Active · farm board−$127 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 1.018% dearer against GRVT than usual: you sell high and buy low (spread +0.876% now, against its 7-day average of −0.142%): +$102 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 days. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT WLD_USDT_Perp0.45690.0100pay 0.0100% / 8h3h 51m$604K$1.9M10x
ShortKalshi KXWLDPERP0.46090get 0.0000% / 8h7h 51m$43K$4.7M1.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against GRVT. 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
−$21
Price spread: +0.876% → −0.142%
$101.8
Slippage, 4 orders
−$48.97
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Kalshi: 5 bp × 2 orders
−$10
Net
$12.83
Costs to cover
0.680%
Break-even
from the start
Slippage from GRVT: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 1 min ago2.17 bp18.0 bp −$1832.6 bp −$3263699.5 bp −$370.0Kdoesn't fit
Sell Kalshi live order book, 2 min ago1.09 bp6.1 bp −$69.9 bp −$99doesn'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
Nado WLD-PERP−0.0045%1h0.4615+1.007%$245K$205K5xas long as short
dYdX WLD-USD0.0000%1h0.4613+0.967%$157K$33K10xas long as short
Kalshi KXWLDPERPshort0.0000%8h0.4609+0.876%$43K$4.7M1.7x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4617+1.046%$67K150xas long as short
KuCoin WLDUSDTM+0.0019%8h0.4611+0.919%$7.0M$11.7M50xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4615+1.007%$28K$884K10xas long as short
Aster WLDUSDT+0.0100%8h0.4617+1.051%$214K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4613+0.972%$49K$525K5xas long as short
Binance WLDUSDT+0.0100%8h0.4611+0.911%$87.5M$329.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4611+0.919%$65.7M$89.8M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4611+0.919%$34.7M$152.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4611+0.919%$7.4M$36.2M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4610+0.897%$43.8M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4609+0.876%$30.5M$30.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4612+0.941%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4615+1.000%$138K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4560−0.203%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4579+0.218%$27K$318K20xas long as short
GRVT WLD_USDT_Perplong+0.0100%8h0.4569long leg$604K$1.9M10x
ApeX Omni WLDUSDT+0.0100%1h0.4588+0.416%$43K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4616+1.033%$40K$2.2M10xas long as short
SunX WLD-USDT+0.0100%8h0.4622+1.160%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4614+0.985%$210$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4612+0.941%$843K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4612+0.941%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4609+0.869%$221K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4616+1.039%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4617+1.056%20xas long as short
Injective WLD/USDC PERP+0.0142%1h0.4564−0.109%$6K$185K5.5xas long as short
Phoenix WLD+0.0157%1h0.4597+0.622%$5K$52K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0183%1h0.4617+1.051%$125K$959K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4618+1.073%$4.9M$838K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4617+1.041%$5K100xas long as short
01 Exchange WLDUSD+0.0312%1h0.4619+1.099%$330$805xas long as short
Kraken Futures PF_WLDUSD+0.0515%1h0.4615+1.000%$890K$2.8M50xas long as short
Hyperliquid WLD+0.0526%1h0.4620+1.105%$50.8M$43.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0560%1h0.4609+0.876%$271K$1.7M50xas long as short
Lighter WLD+0.0808%1h0.4621+1.136%$5.2M$2.6M10xas long as short