Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.037%

Price spread now: Kalshi against 01 Exchange+0.145%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kalshi is 0.145% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.145% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLDUSD	0.4562	0.0032	pay 0.0004% / 1h	43m 38s	$326	$80	5x
Short	Kalshi KXWLDPERP	0.4569	−0.0106	pay 0.0106% / 8h	43m 38s	$62K	$4.6M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against 01 Exchange. 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 01 ExchangebpFee KalshibpOrdersPrice spread, now +0.145%Rate

Funding earned: −$28.98
Price spread: +0.145% → 0.000%: $14.47
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$31.52
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Kalshi: live order book, 5 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 5 min ago	1.10 bp	23.6 bp −$24	29.5 bp −$295	doesn't fit	doesn't fit

01 Exchange: 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 KXWLDPERPshort	−0.0106%	8h	0.4569	+0.145%	$62K	$4.6M	1.7x
Nado WLD-PERP	−0.0073%	1h	0.4580	+0.386%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0035%	8h	0.4569	+0.145%	$7.0M	$11.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4571	+0.181%	$156K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4572	+0.210%	$118K	$927K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4572	+0.206%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.096%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSDlong	+0.0032%	1h	0.4562	long leg	$326	$80	5x
Orderly PERP_WLD_USDC	+0.0084%	8h	0.4571	+0.188%	$28K	$888K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4574	+0.252%	$4.9M	$2.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4571	+0.182%	$190K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4572	+0.207%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4571	+0.183%	$86.6M	$327.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4568	+0.123%	$65.1M	$88.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4567	+0.101%	$34.3M	$148.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4568	+0.123%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4569	+0.145%	$44.4M	$53.8M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4565	+0.057%	$30.2M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4567	+0.101%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4573	+0.237%	$135K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4562	−0.016%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4564	+0.038%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4561	−0.030%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4566	+0.079%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4578	+0.346%	$51K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4578	+0.342%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4572	+0.210%	$175	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.320%	$837K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4573	+0.232%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4564	+0.042%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4570	+0.171%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	+0.356%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4569	+0.153%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0188%	1h	0.4575	+0.283%	$50.2M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4564	+0.035%	$4.9M	$845K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4573	+0.235%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4573	+0.238%	$885K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4583	+0.452%	$269K	$1.7M	50x	as long as short