Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0260%/8h= −28.5% APRpaid last 24h −0.069%

Price spread now: Kalshi against Polymarket Perps−0.104%7-day average −0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on Polymarket Perps Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.242%−$24 on $10k

Price spread, last 7 days+0.205%+$20 · spread now −0.104%, 7d avg −0.112%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4731	0.0100	pay 0.0013% / 1h	7m 57s	$44K	$1.8M	10x
Short	Kalshi KXWLDPERP	0.4726	−0.0160	pay 0.0160% / 8h	3h 07m	$24K	$4.0M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Polymarket Perps. 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 Polymarket PerpsbpFee KalshibpOrdersPrice spread, now −0.104%Rate

Funding earned: −$54.62
Price spread: −0.104% → −0.112%: $0.8
Slippage, 4 orders: −$20.48
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$92.3
Costs to cover: 0.385%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 6 min ago; Kalshi: live order book, just now.

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 Polymarket Perps live order book, 6 min ago	3.16 bp	7.2 bp −$7	7.5 bp −$75	doesn't fit	doesn't fit
Sell Kalshi live order book, just now	4.23 bp	10.7 bp −$11	20.4 bp −$204	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 KXWLDPERPshort	−0.0160%	8h	0.4726	−0.104%	$24K	$4.0M	1.7x
Nado WLD-PERP	−0.0026%	1h	0.4726	−0.114%	$274K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0012%	8h	0.4724	−0.146%	$7.1M	$11.2M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4726	−0.098%	$169K	$12K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4724	−0.146%	$135K	$863K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4726	−0.104%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	+0.277%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0050%	8h	0.4723	−0.167%	$29K	$900K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4726	−0.096%	$208K	$995K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4728	−0.071%	$56K	$485K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4724	−0.146%	$90.4M	$311.0M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4724	−0.146%	$68.4M	$83.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4726	−0.104%	$35.9M	$150.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4727	−0.082%	$7.5M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4729	−0.040%	$49.2M	$55.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4729	−0.040%	$31.7M	$27.4M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4725	−0.125%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4728	−0.072%	$140K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4717	−0.300%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4724	−0.147%	$28K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4749	+0.390%	$627K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4723	−0.167%	$57K	$232K	50x	as long as short
Polymarket Perps WLD-USDlong	+0.0100%	1h	0.4731	long leg	$44K	$1.8M	10x
SunX WLD-USDT	+0.0100%	8h	0.4731	+0.002%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4723	−0.167%	$222	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4721	−0.209%	$898K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4722	−0.188%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4726	−0.094%	$218K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4727	−0.082%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4724	−0.140%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4726	−0.104%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4725	−0.125%	$5.1M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4724	−0.144%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4733	+0.051%	$339	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0319%	1h	0.4731	−0.004%	$943K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4733	+0.044%	$277K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0877%	1h	0.4733	+0.055%	$53.1M	$44.0M	10x	as long as short
Lighter WLD	+0.1016%	1h	0.4739	+0.165%	$5.4M	$2.0M	10x	as long as short