Funding you earn now, next payment 03:00 UTC−0.0793%/8h= −86.8% APRpaid last 24h −0.091%
Price spread now: Kalshi against Injective−1.596%66s7-day average −0.322% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 4 days (all we have)+1.048%+$105 · spread now −1.596%, 7d avg −0.322%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Kalshi is 1.274% cheaper against Injective than usual: you would sell low and buy high (−$127 if the spread goes back to its 7-day average of −0.322%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.246% in total (about -12.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WLD/USDC PERP | 0.4636 | 0.0677 | pay 0.0085% / 1h | 3m 56s | $6K | $185K | 5.5x |
| Short | Kalshi KXWLDPERP | 0.4562 | −0.0116 | pay 0.0116% / 8h | 1h 03m | $55K | $4.6M | 1.7x |
Injective WLD/USDC PERP
Kalshi KXWLDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Injective. 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
- −$166.44
- Price spread: −1.596% → −0.322%
- −$127.4
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$303.86
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 25 min ago; 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 Injective live order book, 25 min ago | 60.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 11.99 bp | 17.0 bp −$17 | 23.1 bp −$231 | 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 | −0.0116% | 8h | 0.4562 | −1.596% | $55K | $4.6M | 1.7x | |
| KuCoin WLDUSDTM | −0.0027% | 8h | 0.4560 | −1.639% | $6.9M | $11.7M | 50x | as long as short |
| Nado WLD-PERP | −0.0008% | 1h | 0.4556 | −1.726% | $241K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4562 | −1.594% | $162K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4561 | −1.618% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4561 | −1.620% | $55K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0040% | 1h | 0.4559 | −1.661% | $326 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0079% | 8h | 0.4560 | −1.639% | $28K | $890K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4562 | −1.590% | $181K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4564 | −1.551% | $49K | $522K | 5x | as long as short |
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4563 | −1.575% | $86.8M | $328.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4563 | −1.575% | $65.1M | $88.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4562 | −1.596% | $34.1M | $148.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4560 | −1.639% | $7.1M | $37.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4560 | −1.639% | $44.2M | $55.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4563 | −1.575% | $30.1M | $30.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4557 | −1.704% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4562 | −1.603% | $136K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4559 | −1.669% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4578 | −1.247% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4596 | −0.863% | $605K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4590 | −0.992% | $50K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4556 | −1.717% | $46K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4564 | −1.553% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4560 | −1.639% | $174 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4554 | −1.769% | $833K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4563 | −1.575% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4560 | −1.632% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4561 | −1.615% | $31K | $600 | 3x | as long as short |
| Lighter WLD | +0.0128% | 1h | 0.4569 | −1.443% | $4.9M | $2.4M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4556 | −1.732% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4593 | −0.932% | $5K | $57K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4568 | −1.467% | $4.9M | $842K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4561 | −1.623% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0430% | 1h | 0.4567 | −1.493% | $50.1M | $43.2M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4574 | −1.337% | $270K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERPlong | +0.0677% | 1h | 0.4636 | long leg | $6K | $185K | 5.5x | |
| Kraken Futures PF_WLDUSD | +0.0907% | 1h | 0.4566 | −1.512% | $884K | $2.9M | 50x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
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
Aevo WLD-PERP
Lighter WLD
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD