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+0.0286%/8h= +31.3% APRnext payment +$2.86 per $10,000 · paid last 24h +0.069%
Price spread now: SunX against Kalshi+0.216%7-day average +0.288% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.322%+$32 on $10k
Price spread, last 3 days (all we have)+0.088%+$9 · spread now +0.216%, 7d avg +0.288%
Together, before fees+0.410%+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.073% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.216% now, against its 7-day average of +0.288%). If the spread goes back, that is −$7 on $10k: about 20 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXWLDPERP0.4639−0.0186get 0.0186% / 8h3h 36m$51K$3.9M1.7x
ShortSunX WLD-USDT0.46490.0100get 0.0100% / 8h7h 36m$23K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$59.96
Price spread: +0.216% → +0.288%
−$7.29
Slippage, 4 orders
−$96.35
Fee Kalshi: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$61.67
Costs to cover
1.143%
Break-even
14.2 days
Slippage from Kalshi: live order book, 2 min ago; SunX: live order book, 8 min ago.

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, 2 min ago1.08 bp23.4 bp −$2332.3 bp −$323doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago29.33 bp45.7 bp −$46doesn't fitdoesn't fitdoesn't fit

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%8h0.4639long leg$51K$3.9M1.7x
Nado WLD-PERP−0.0032%1h0.4657+0.388%$280K$169K5xas long as short
KuCoin WLDUSDTM−0.0013%8h0.4653+0.302%$7.1M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4649+0.221%$166K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4660+0.455%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597−0.905%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0042%8h0.4662+0.496%$28K$903K10xas long as short
Aster WLDUSDT+0.0100%8h0.4653+0.297%$194K$984K50xas long as short
Pacifica WLD+0.0100%1h0.4651+0.265%$54K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4660+0.443%$88.2M$304.3M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4663+0.517%$67.1M$82.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4662+0.496%$35.0M$145.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4659+0.431%$7.6M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4659+0.431%$47.7M$53.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4658+0.410%$30.9M$26.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4661+0.474%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4650+0.241%$138K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4618−0.457%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4627−0.269%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4630−0.194%$612K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4625−0.302%$55K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4659+0.425%$56K$1.6M10xas long as short
SunX WLD-USDTshort+0.0100%8h0.4649+0.216%$23K$1.5M50x
SoDEX WLD-USD+0.0100%1h0.4645+0.129%$216$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4641+0.043%$864K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4643+0.086%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4651+0.265%$235K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4645+0.121%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4658+0.405%20xas long as short
Phoenix WLD+0.0157%1h0.4629−0.213%$5K$53K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0181%1h0.4646+0.151%$133K$871K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4643+0.086%$4.9M$834K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0234% / S −0.1403%1h0.4660+0.457%$6K100xas long as short
01 Exchange WLDUSD+0.0248%1h0.4658+0.414%$333$775xas long as short
Kraken Futures PF_WLDUSD+0.0324%1h0.4649+0.220%$916K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4641+0.043%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0744%1h0.4666+0.582%$51.9M$43.4M10xas long as short
Lighter WLD+0.0920%1h0.4659+0.438%$5.3M$2.0M10xas long as short