Funding you earn now, next payment 00:00 UTC+0.0572%/8h= +62.6% APRnext payment +$5.72 per $10,000 · paid last 24h +0.044%
Price spread now: Bybit against Kalshi+0.131%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 7 days−0.284%−$28 · spread now +0.131%, 7d avg +0.101%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Bybit is 0.030% dearer against Kalshi than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.101%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXWLDPERP | 0.4569 | −0.0472 | get 0.0472% / 8h | 6h 26m | $44K | $3.8M | 1.7x |
| Short | Bybit WLDUSDT | 0.4575 | 0.0100 | get 0.0100% / 8h | 2h 26m | $65.4M | $80.1M | 50x |
Kalshi KXWLDPERP
Bybit WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kalshi. 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
- $120.13
- Price spread: +0.131% → +0.101%
- $3.02
- Slippage, 4 orders
- −$18.9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $83.25
- Costs to cover
- 0.399%
- Break-even
- 2.1 days
Slippage from Kalshi: live order book, 2 min ago; Bybit: 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 Kalshi live order book, 2 min ago | 5.48 bp | 10.5 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.10 bp | 8.9 bp −$9 | 24.9 bp −$249 | 117.1 bp −$11.7K | 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 KXWLDPERPlong | −0.0472% | 8h | 0.4569 | long leg | $44K | $3.8M | 1.7x | |
| Orderly PERP_WLD_USDC | −0.0024% | 8h | 0.4572 | +0.066% | $28K | $917K | 10x | as long as short |
| Variational Omni WLD | −0.0021% | 8h | 0.4554 | −0.322% | $2.1M | $1.6M | — | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4570 | +0.018% | $156K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4574 | +0.109% | $129K | $903K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4575 | +0.121% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0013% | 8h | 0.4570 | +0.022% | $7.1M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0039% | 1h | 0.4569 | 0.000% | $273K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4571 | +0.053% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0067% | 8h | 0.4576 | +0.153% | $34.2M | $138.9M | 50x | as long as short |
Orderly PERP_WLD_USDC
Variational Omni WLD
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WLD | +0.0100% | 1h | 0.4581 | +0.260% | $47.4M | $40.7M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4574 | +0.100% | $216K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4570 | +0.025% | $51K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4574 | +0.113% | $86.2M | $292.3M | 75x | as long as short |
| Bybit WLDUSDTshort | +0.0100% | 8h | 0.4575 | +0.131% | $65.4M | $80.1M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4573 | +0.088% | $7.5M | $34.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4573 | +0.088% | $53.8M | $47.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4577 | +0.175% | $30.3M | $25.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4574 | +0.109% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4573 | +0.094% | $130K | $272K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4552 | −0.371% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4563 | −0.132% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4555 | −0.306% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4570 | +0.013% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4580 | +0.241% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4571 | +0.044% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4568 | −0.022% | $862K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4572 | +0.066% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4572 | +0.071% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4574 | +0.106% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4569 | −0.003% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4575 | +0.129% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4573 | +0.088% | $4.9M | $813K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.160% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4571 | +0.044% | $281K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0408% | 1h | 0.4574 | +0.118% | $327 | $77 | 5x | as long as short |
| Lighter WLD | +0.1040% | 1h | 0.4582 | +0.293% | $5.2M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1091% | 1h | 0.4574 | +0.116% | $926K | $2.6M | 50x | as long as short |
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD