Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.047%
Price spread now: Kalshi against Gate0.000%7-day average −0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 7 days−0.218%−$22 · spread now 0.000%, 7d avg −0.123%
=The price spread pays, funding is against you. Kalshi is 0.123% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.123%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4561 | 0.0100 | pay 0.0100% / 8h | 2h 01m | $7.2M | $37.9M | 75x |
| Short | Kalshi KXWLDPERP | 0.4561 | 0 | get 0.0000% / 8h | 6h 01m | $53K | $4.8M | 1.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: 0.000% → −0.123%
- $12.3
- Slippage, 4 orders
- −$33.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$66.73
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Kalshi: live order book, 2 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 Gate live order book, 2 min ago | 1.10 bp | 14.9 bp −$15 | 35.7 bp −$357 | 52.9 bp −$5,291 | 121.2 bp −$60.6K |
| Sell Kalshi live order book, 2 min ago | 1.10 bp | 6.8 bp −$7 | 14.5 bp −$145 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0035% | 1h | 0.4561 | +0.011% | $240K | $170K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4565 | +0.079% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERPshort | 0.0000% | 8h | 0.4561 | 0.000% | $53K | $4.8M | 1.7x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4562 | +0.024% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0073% | 8h | 0.4561 | 0.000% | $6.8M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0080% | 1h | 0.4565 | +0.096% | $327 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4562 | +0.022% | $27K | $790K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4564 | +0.060% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4565 | +0.084% | $51K | $538K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4561 | 0.000% | $86.9M | $339.4M | 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 | 0.4560 | −0.022% | $65.0M | $91.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4559 | −0.044% | $34.6M | $156.0M | 50x | as long as short |
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4561 | long leg | $7.2M | $37.9M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4561 | 0.000% | $40.5M | $57.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4562 | +0.022% | $30.1M | $31.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4562 | +0.022% | — | $70.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4564 | +0.070% | $133K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | +0.388% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4576 | +0.318% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4582 | +0.460% | $604K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4574 | +0.285% | $49K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4563 | +0.039% | $47K | $2.4M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4568 | +0.153% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4563 | +0.044% | $211 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4567 | +0.132% | $835K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4565 | +0.088% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4559 | −0.040% | $211K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4565 | +0.077% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4563 | +0.036% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4578 | +0.368% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0168% | 1h | 0.4569 | +0.182% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4544 | −0.373% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0188% | 1h | 0.4564 | +0.066% | $151K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4561 | +0.006% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4568 | +0.153% | $4.8M | $921K | 75x | as long as short |
| Hyperliquid WLD | +0.0363% | 1h | 0.4569 | +0.169% | $49.8M | $44.6M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0496% | 1h | 0.4567 | +0.123% | $864K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4566 | +0.110% | $275K | $1.7M | 50x | as long as short |
Gate WLD_USDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
01 Exchange WLDUSD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Lighter WLD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX