Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.058%

Price spread now: Kalshi against Pacifica+0.017%7-day average −0.178% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$560.555% of the position

Long on Pacifica Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.307%−$31 on $10k

Price spread, last 4 days (all we have)−0.878%−$88 · spread now +0.017%, 7d avg −0.178%

Together, before fees−1.186%+ Points / potential airdropPacifica: Active · farm board−$119 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.194% dearer against Pacifica than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.178%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4515	0.0100	pay 0.0013% / 1h	36m 01s	$50K	$541K	5x
Short	Kalshi KXWLDPERP	0.4516	0	get 0.0000% / 8h	5h 36m	$55K	$4.8M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 PacificabpFee KalshibpOrdersPrice spread, now +0.017%Rate

Funding earned: −$21
Price spread: +0.017% → −0.178%: $19.44
Slippage, 4 orders: −$37.54
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$57.09
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from Pacifica: live order book, 8 min ago; Kalshi: live order book, 3 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 Pacifica live order book, 8 min ago	3.30 bp	13.6 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Kalshi live order book, 3 min ago	3.32 bp	21.6 bp −$22	29.9 bp −$299	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
dYdX WLD-USD	0.0000%	1h	0.4514	−0.024%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERPshort	0.0000%	8h	0.4516	+0.017%	$55K	$4.8M	1.7x
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4517	+0.039%	$150K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4516	+0.026%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0026%	1h	0.4515	−0.017%	$238K	$170K	5x	as long as short
KuCoin WLDUSDTM	+0.0079%	8h	0.4515	−0.006%	$6.7M	$11.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4516	+0.017%	$27K	$787K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4520	+0.099%	$226K	$1.1M	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4515	long leg	$50K	$541K	5x
Binance WLDUSDT	+0.0100%	8h	0.4519	+0.083%	$86.2M	$340.2M	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	0.4516	+0.017%	$64.5M	$91.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4518	+0.061%	$34.1M	$154.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4517	+0.039%	$7.1M	$36.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4519	+0.083%	$40.2M	$57.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4517	+0.039%	$29.8M	$31.3M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4517	+0.039%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4518	+0.061%	$134K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4533	+0.387%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4521	+0.120%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4534	+0.424%	$599K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4539	+0.526%	$48K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4512	−0.079%	$47K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4521	+0.127%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4517	+0.039%	$214	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4519	+0.083%	$826K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4522	+0.149%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4513	−0.041%	$208K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4517	+0.050%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+1.456%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4512	−0.077%	—	—	20x	as long as short
Lighter WLD	+0.0144%	1h	0.4523	+0.169%	$4.9M	$2.9M	10x	as long as short
01 Exchange WLDUSD	+0.0144%	1h	0.4519	+0.090%	$323	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4526	+0.240%	$5K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4515	−0.002%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4522	+0.149%	$4.8M	$929K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4522	+0.149%	$272K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0625%	1h	0.4524	+0.192%	$49.6M	$44.2M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1047%	1h	0.4520	+0.098%	$868K	$2.9M	50x	as long as short