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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXWLDPERP | 0.4629 | −0.0186 | get 0.0186% / 8h | 3h 37m | $58K | $3.9M | 1.7x |
| Short | Orderly PERP_WLD_USDC | 0.4643 | 0.0042 | get 0.0042% / 8h | 7h 37m | $28K | $903K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kalshi live order book, 1 min ago | 1.08 bp | 23.4 bp −$23 | 32.3 bp −$323 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERPlong | −0.0186% | 8h | 0.4629 | long leg | $58K | $3.9M | 1.7x | |
| Nado WLD-PERP | −0.0029% | 1h | 0.4639 | +0.221% | $279K | $169K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0014% | 8h | 0.4637 | +0.173% | $7.0M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4637 | +0.168% | $165K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4643 | +0.305% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4597 | −0.691% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0042% | 8h | 0.4643 | +0.302% | $28K | $903K | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4640 | +0.230% | $194K | $984K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4637 | +0.164% | $54K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4642 | +0.288% | $87.9M | $304.1M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4643 | +0.302% | $66.8M | $82.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4643 | +0.302% | $34.9M | $145.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4642 | +0.281% | $7.6M | $35.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4641 | +0.259% | $47.5M | $53.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4645 | +0.346% | $30.8M | $26.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4642 | +0.281% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4637 | +0.162% | $138K | $280K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4618 | −0.242% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4627 | −0.053% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4630 | +0.022% | $612K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4625 | −0.086% | $55K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4643 | +0.294% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4649 | +0.432% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4645 | +0.346% | $216 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4641 | +0.259% | $864K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4643 | +0.302% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4644 | +0.325% | $234K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4645 | +0.337% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4640 | +0.244% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4629 | +0.002% | $5K | $53K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0181% | 1h | 0.4646 | +0.367% | $133K | $871K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4643 | +0.302% | $4.9M | $834K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0234% / S −0.1403% | 1h | 0.4643 | +0.298% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0240% | 1h | 0.4643 | +0.313% | $332 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0324% | 1h | 0.4649 | +0.437% | $916K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4641 | +0.259% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0728% | 1h | 0.4649 | +0.432% | $51.7M | $43.4M | 10x | as long as short |
| Lighter WLD | +0.0928% | 1h | 0.4654 | +0.540% | $5.3M | $2.0M | 10x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
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
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD