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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0451%/8h= +49.4% APRnext payment +$4.51 per $10,000 · paid last 24h +0.064%
Price spread now: BingX against Kalshi−0.088%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$430.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 7 days−0.061%−$6 · spread now −0.088%, 7d avg +0.105%
Together, before fees+0.248%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.193% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.105%). If the spread goes back, that is −$19 on $10k: about 34 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.309% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.309% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXWLDPERP0.4563−0.0351get 0.0351% / 8h5h 30m$62K$3.8M1.7x
ShortBingX WLD-USDT0.45590.0100get 0.0100% / 8h1h 30m$67.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Kalshi. 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
$94.79
Price spread: −0.088% → +0.105%
−$19.28
Slippage, 4 orders
−$22.88
Fee Kalshi: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$32.63
Costs to cover
0.429%
Break-even
4.6 days
Slippage from Kalshi: live order book, 3 min ago; BingX: live order book, 8 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 Kalshi live order book, 3 min ago2.18 bp8.2 bp −$817.9 bp −$179doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago2.17 bp7.2 bp −$711.6 bp −$11626.2 bp −$2,617104.7 bp −$52.4K

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
Kalshi KXWLDPERPlong−0.0351%8h0.4563long leg$62K$3.8M1.7x
Injective WLD/USDC PERP−0.0079%1h0.4623+1.315%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC−0.0003%8h0.4560−0.066%$28K$913K10xas long as short
KuCoin WLDUSDTM−0.0002%8h0.4556−0.153%$7.0M$10.8M50xas long as short
dYdX WLD-USD0.0000%1h0.4562−0.023%$163K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4561−0.044%$107K$900K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4563+0.007%$57K150xas long as short
Variational Omni WLD+0.0056%8h0.4588+0.547%$2.1M$1.6Mas long as short
Nado WLD-PERP+0.0062%1h0.4561−0.033%$275K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4561−0.051%$202K$988K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4560−0.066%$51K$480K5xas long as short
Binance WLDUSDT+0.0100%8h0.4560−0.066%$86.4M$297.0M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4559−0.088%$65.3M$81.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4559−0.088%$34.1M$140.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4559−0.088%$7.4M$35.2M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4560−0.066%$48.0M$51.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4557−0.131%$30.1M$25.5M75xas long as short
BingX WLD-USDTshort+0.0100%8h0.4559−0.088%$67.8M
Backpack WLD_USDC_PERP+0.0100%1h0.4562−0.031%$127K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4577+0.309%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4582+0.416%$625K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4574+0.241%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4564+0.018%$47K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4567+0.088%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4561−0.044%$199$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4558−0.110%$860K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4562−0.022%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4558−0.116%$239K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4561−0.050%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4577+0.309%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4561−0.045%20xas long as short
Kraken Futures PF_WLDUSD+0.0187%1h0.4565+0.039%$905K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4558−0.110%$4.9M$810K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4566+0.066%$327$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4561−0.036%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4567+0.088%$268K$1.6M50xas long as short
Hyperliquid WLD+0.0901%1h0.4564+0.013%$49.6M$43.1M10xas long as short
Lighter WLD+0.0944%1h0.4570+0.145%$5.2M$2.1M10xas long as short