Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0285%/8h= +31.2% APRpaid last 24h +0.069%

Price spread now: Pacifica against Kalshi+0.098%7-day average +0.192% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on Kalshi Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.322%+$32 on $10k

Price spread, last 4 days (all we have)+0.841%+$84 · spread now +0.098%, 7d avg +0.192%

Together, before fees+1.164%+ Points / potential airdropPacifica: Active · farm board+$116 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.093% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.098% now, against its 7-day average of +0.192%). If the spread goes back, that is −$9 on $10k: about 26 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4574	−0.0185	get 0.0185% / 8h	4h 01m	$70K	$3.9M	1.7x
Short	Pacifica WLD	0.4578	0.0100	get 0.0013% / 1h	1m 49s	$54K	$487K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.098%Rate

Funding earned: $59.93
Price spread: +0.098% → +0.192%: −$9.34
Slippage, 4 orders: −$32.18
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $0.4
Costs to cover: 0.502%
Break-even: 7.0 days

Slippage from Kalshi: live order book, 2 min ago; Pacifica: live order book, 12 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, 2 min ago	5.46 bp	12.5 bp −$12	23.5 bp −$235	doesn't fit	doesn't fit
Sell Pacifica live order book, 12 min ago	4.36 bp	11.3 bp −$11	doesn't fit	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
Kalshi KXWLDPERPlong	−0.0185%	8h	0.4574	long leg	$70K	$3.9M	1.7x
dYdX WLD-USD	0.0000%	1h	0.4579	+0.116%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4573	−0.022%	$122K	$897K	25x	as long as short
KuCoin WLDUSDTM	+0.0002%	8h	0.4574	0.000%	$7.0M	$11.0M	50x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4573	−0.018%	$56K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0038%	8h	0.4572	−0.044%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0040%	1h	0.4576	+0.044%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4579	+0.105%	$192K	$1.0M	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4578	+0.098%	$54K	$487K	5x
Binance WLDUSDT	+0.0100%	8h	0.4578	+0.087%	$86.6M	$303.8M	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	0.4578	+0.087%	$65.9M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4579	+0.109%	$34.3M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4576	+0.044%	$7.5M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4578	+0.087%	$46.4M	$53.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4578	+0.087%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4576	+0.044%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4577	+0.068%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4567	−0.156%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4574	−0.007%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4581	+0.155%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4574	0.000%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4573	−0.015%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4581	+0.153%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4572	−0.044%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.066%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4570	−0.087%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4577	+0.057%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4573	−0.020%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4580	+0.120%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4571	−0.069%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4582	+0.175%	$4.8M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4572	−0.042%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4576	+0.039%	$327	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.240%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4588	+0.306%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0527%	1h	0.4584	+0.223%	$50.8M	$43.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0719%	1h	0.4575	+0.031%	$902K	$2.7M	50x	as long as short
Lighter WLD	+0.1280%	1h	0.4583	+0.206%	$5.2M	$2.0M	10x	as long as short