Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.044%
Price spread now: MEXC against Kalshi−0.066%7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 7 days+0.178%+$18 · spread now −0.066%, 7d avg +0.120%
=Funding pays, the price is against you. MEXC is 0.186% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of +0.120%). If the spread goes back, that is −$19 on $10k: about 6.2 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 | 0.4532 | 0 | get 0.0000% / 8h | 2h 56m | $41K | $4.5M | 1.7x |
| Short | MEXC WLD_USDT | 0.4529 | 0.0100 | get 0.0100% / 8h | 6h 56m | $41.4M | $55.8M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $21
- Price spread: −0.066% → +0.120%
- −$18.62
- Slippage, 4 orders
- −$20.38
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$27.99
- Costs to cover
- 0.304%
- Break-even
- 16.3 days
Slippage from Kalshi: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 2.20 bp | 7.2 bp −$7 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.10 bp | 1.1 bp −$1 | 4.5 bp −$45 | 22.1 bp −$2,207 | 74.7 bp −$37.4K |
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 | −0.0048% | 1h | 0.4537 | +0.121% | $235K | $170K | 5x | as long as short |
| Kalshi KXWLDPERPlong | 0.0000% | 8h | 0.4532 | long leg | $41K | $4.5M | 1.7x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4533 | +0.022% | $119K | $973K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4556 | +0.523% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0033% | 1h | 0.4508 | −0.530% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0088% | 1h | 0.4542 | +0.232% | $325 | $55 | 5x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4539 | +0.154% | $4.9M | $3.0M | 10x | as long as short |
| dYdX WLD-USD | +0.0097% | 1h | 0.4539 | +0.157% | $155K | $31K | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4534 | +0.044% | $27K | $494K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4531 | −0.019% | $215K | $1.0M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4545 | +0.287% | $56K | $540K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4524 | −0.177% | $86.4M | $330.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4525 | −0.154% | $65.0M | $89.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4521 | −0.243% | $34.3M | $148.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4529 | −0.066% | $7.1M | $32.0M | 75x | as long as short |
| MEXC WLD_USDTshort | +0.0100% | 8h | 0.4529 | −0.066% | $41.4M | $55.8M | 300x | |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4532 | 0.000% | $6.7M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4526 | −0.132% | $29.8M | $30.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4529 | −0.066% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4529 | −0.066% | $127K | $282K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4549 | +0.368% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4551 | +0.416% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4554 | +0.487% | $601K | $2.2M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4555 | +0.508% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4539 | +0.154% | $49K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4546 | +0.309% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4533 | +0.022% | $226 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | +0.154% | $832K | $1.3M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4533 | +0.022% | $1.7M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4531 | −0.018% | $215K | $803K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4536 | +0.093% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4532 | −0.008% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0138% | 1h | 0.4534 | +0.051% | $50.4M | $43.2M | 10x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4545 | +0.289% | $4K | $43K | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0201% | 1h | 0.4535 | +0.072% | $899K | $2.7M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4535 | +0.074% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4537 | +0.110% | $4.4M | $945K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0416% | 1h | 0.4542 | +0.221% | $268K | $1.5M | 50x | as long as short |
Kalshi KXWLDPERP
MEXC WLD_USDT
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Lighter WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
KuCoin WLDUSDTM
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
Hyperliquid WLD
Phoenix WLD
Kraken Futures PF_WLDUSD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX