Funding you earn now, next payment 00:00 UTC+0.0581%/8h= +63.6% APRnext payment +$5.81 per $10,000 · paid last 24h +0.054%
Price spread now: OKX against Kalshi+0.022%7-day average +0.095% · 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−$48as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 7 days−0.166%−$17 · spread now +0.022%, 7d avg +0.095%
=Funding pays, the price is against you. OKX is 0.073% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.095%). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.208% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.208% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.81 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 | 0.4524 | −0.0495 | get 0.0495% / 8h | 6h 07m | $45K | $3.8M | 1.7x |
| Short | OKX WLD-USDT-SWAP | 0.4525 | 0.0086 | get 0.0086% / 8h | 2h 07m | $33.8M | $137.9M | 50x |
Kalshi KXWLDPERP
OKX WLD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $122
- Price spread: +0.022% → +0.095%
- −$7.28
- Slippage, 4 orders
- −$20.46
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $74.27
- Costs to cover
- 0.405%
- Break-even
- 2.7 days
Slippage from Kalshi: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago | 4.42 bp | 11.2 bp −$11 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.11 bp | 9.7 bp −$10 | 23.6 bp −$236 | 361.0 bp −$36.1K | 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 | −0.0495% | 8h | 0.4524 | long leg | $45K | $3.8M | 1.7x | |
| Orderly PERP_WLD_USDC | −0.0017% | 8h | 0.4525 | +0.022% | $28K | $916K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4521 | −0.060% | $154K | $6K | 10x | as long as short |
| KuCoin WLDUSDTM | 0.0000% | 8h | 0.4523 | −0.022% | $7.0M | $10.7M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4525 | +0.022% | $122K | $911K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4525 | +0.011% | $56K | — | 150x | as long as short |
| Variational Omni WLD | +0.0006% | 8h | 0.4520 | −0.080% | $2.1M | $1.7M | — | as long as short |
| Nado WLD-PERP | +0.0038% | 1h | 0.4522 | −0.044% | $271K | $169K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4522 | −0.042% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAPshort | +0.0086% | 8h | 0.4525 | +0.022% | $33.8M | $137.9M | 50x |
Orderly PERP_WLD_USDC
dYdX WLD-USD
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Nado WLD-PERP
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0091% | 8h | 0.4525 | +0.022% | $52.6M | $48.1M | 300x | as long as short |
| Binance WLDUSDT | +0.0094% | 8h | 0.4525 | +0.031% | $84.9M | $293.1M | 75x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4529 | +0.108% | $46.6M | $41.3M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4525 | +0.027% | $214K | $976K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4523 | −0.024% | $51K | $481K | 5x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4526 | +0.044% | $64.5M | $80.4M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4525 | +0.022% | $7.3M | $34.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4524 | 0.000% | $30.0M | $25.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4524 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4527 | +0.073% | $128K | $270K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4520 | −0.091% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4529 | +0.100% | $607K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4523 | −0.022% | $54K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4522 | −0.040% | $51K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4529 | +0.111% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4524 | 0.000% | $199 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4519 | −0.111% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4524 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4524 | +0.003% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4525 | +0.032% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4522 | −0.048% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0211% | 8h | 0.4527 | +0.066% | $4.9M | $810K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0216% / S −0.1712% | 1h | 0.4525 | +0.020% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4527 | +0.077% | $324 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4542 | +0.398% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4533 | +0.199% | $278K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0952% | 1h | 0.4534 | +0.217% | $5.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1102% | 1h | 0.4526 | +0.045% | $920K | $2.6M | 50x | as long as short |
MEXC WLD_USDT
Binance WLDUSDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD