Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.058%

Price spread now: edgeX against Kalshi−0.144%7-day average +0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$470.474% of the position

Long on Kalshi Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.307%+$31 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.144%, 7d avg +0.096%

Together, before fees+0.307%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.240% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of +0.096%). If the spread goes back, that is −$24 on $10k: about 8.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4579	0	get 0.0000% / 8h	7h 29m	$50K	$4.7M	1.7x
Short	edgeX WLDUSDC	0.4572	0.0100	get 0.0050% / 4h	3h 29m	$27K	$321K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee KalshibpFee edgeXbpOrdersPrice spread, now −0.144%Rate

Funding earned: $21
Price spread: −0.144% → +0.096%: −$23.97
Slippage, 4 orders: −$28.38
Fee Kalshi: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$50.35
Costs to cover: 0.474%
Break-even: 23.8 days

Slippage from Kalshi: live order book, 4 min ago; edgeX: live order book, 24 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, 4 min ago	8.77 bp	13.8 bp −$14	19.7 bp −$197	doesn't fit	doesn't fit
Sell edgeX live order book, 24 min ago	5.42 bp	9.9 bp −$10	20.0 bp −$200	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
Nado WLD-PERP	−0.0034%	1h	0.4569	−0.218%	$242K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4574	−0.118%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERPlong	0.0000%	8h	0.4579	long leg	$50K	$4.7M	1.7x
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4565	−0.306%	$124K	$960K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4568	−0.247%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0023%	8h	0.4566	−0.284%	$6.9M	$11.7M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4571	−0.165%	$210K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4574	−0.109%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4567	−0.263%	$87.1M	$329.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4566	−0.284%	$65.1M	$89.6M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4564	−0.328%	$34.6M	$151.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4567	−0.262%	$7.3M	$36.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4566	−0.284%	$41.5M	$54.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4563	−0.349%	$30.2M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4567	−0.262%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.004%	$137K	$303K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4580	+0.015%	$2.2M	$1.6M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4572	−0.144%	$27K	$321K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4578	−0.019%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.022%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4565	−0.312%	$39K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4566	−0.284%	$28K	$867K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4588	+0.197%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	−0.022%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	−0.044%	$837K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4578	−0.022%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4566	−0.280%	$217K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4566	−0.284%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4565	−0.313%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	−0.066%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4584	+0.114%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4577	−0.044%	$4.9M	$895K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4566	−0.274%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4571	−0.170%	$327	$55	5x	as long as short
Hyperliquid WLD	+0.0416%	1h	0.4572	−0.144%	$50.3M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0518%	1h	0.4580	+0.028%	$890K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4583	+0.087%	$268K	$1.7M	50x	as long as short
Lighter WLD	+0.0808%	1h	0.4583	+0.081%	$5.2M	$2.6M	10x	as long as short