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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0227%/8h= +24.9% APRnext payment +$2.27 per $10,000 · paid last 24h +0.043%
Price spread now: Orderly against Kalshi+0.302%52s7-day average +0.147% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$18 on $10k
Price spread, last 3 days (all we have)−0.174%−$17 · spread now +0.302%, 7d avg +0.147%
Together, before fees+0.002%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Orderly is 0.156% dearer against Kalshi than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.147%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXWLDPERP0.4629−0.0186get 0.0186% / 8h3h 37m$58K$3.9M1.7x
ShortOrderly PERP_WLD_USDC0.46430.0042get 0.0042% / 8h7h 37m$28K$903K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$47.73
Price spread: +0.302% → +0.147%
$15.56
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$47.28
Costs to cover
0.160%
Break-even
0.1 days
Slippage unknown: Kalshi: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.

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, 1 min ago1.08 bp23.4 bp −$2332.3 bp −$323doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0186%8h0.4629long leg$58K$3.9M1.7x
Nado WLD-PERP−0.0029%1h0.4639+0.221%$279K$169K5xas long as short
KuCoin WLDUSDTM−0.0014%8h0.4637+0.173%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4637+0.168%$165K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4643+0.305%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597−0.691%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDCshort+0.0042%8h0.4643+0.302%$28K$903K10x
Aster WLDUSDT+0.0100%8h0.4640+0.230%$194K$984K50xas long as short
Pacifica WLD+0.0100%1h0.4637+0.164%$54K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4642+0.288%$87.9M$304.1M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4643+0.302%$66.8M$82.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4643+0.302%$34.9M$145.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4642+0.281%$7.6M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4641+0.259%$47.5M$53.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4645+0.346%$30.8M$26.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4642+0.281%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4637+0.162%$138K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4618−0.242%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4627−0.053%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4630+0.022%$612K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4625−0.086%$55K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4643+0.294%$56K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4649+0.432%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4645+0.346%$216$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4641+0.259%$864K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4643+0.302%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4644+0.325%$234K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4645+0.337%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4640+0.244%20xas long as short
Phoenix WLD+0.0157%1h0.4629+0.002%$5K$53K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0181%1h0.4646+0.367%$133K$871K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4643+0.302%$4.9M$834K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0234% / S −0.1403%1h0.4643+0.298%$6K100xas long as short
01 Exchange WLDUSD+0.0240%1h0.4643+0.313%$332$775xas long as short
Kraken Futures PF_WLDUSD+0.0324%1h0.4649+0.437%$916K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4641+0.259%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0728%1h0.4649+0.432%$51.7M$43.4M10xas long as short
Lighter WLD+0.0928%1h0.4654+0.540%$5.3M$2.0M10xas long as short