Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.044%
Price spread now: Binance against Kalshi−0.067%51s7-day average +0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.198%+$20 on $10k
Price spread, last 7 days+0.245%+$25 · spread now −0.067%, 7d avg +0.132%
Together, before fees+0.443%+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.199% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.132%). If the spread goes back, that is −$20 on $10k: about 6.6 days of funding at the current rate (+$3 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXWLDPERP0.45400get 0.0000% / 8h5h 18m$49K$4.7M1.7x
ShortBinance WLDUSDT0.45370.0100get 0.0100% / 8h1h 18m$86.5M$336.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Kalshi. 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

Funding earned
$21
Price spread: −0.067% → +0.132%
−$19.94
Slippage, 4 orders
−$25.96
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$44.9
Costs to cover
0.460%
Break-even
22.0 days
Slippage from Kalshi: live order book, 5 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 5 min ago4.40 bp9.4 bp −$915.3 bp −$153doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.11 bp9.1 bp −$915.3 bp −$15350.2 bp −$5,015170.2 bp −$85.1K

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0004%1h0.4536−0.077%$239K$169K5xas long as short
dYdX WLD-USD0.0000%1h0.4538−0.042%$155K$33K10xas long as short
Kalshi KXWLDPERPlong0.0000%8h0.4540long leg$49K$4.7M1.7x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4539−0.022%$151K$956K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4541+0.021%$66K150xas long as short
KuCoin WLDUSDTM+0.0096%8h0.4536−0.088%$6.7M$11.8M50xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4536−0.088%$27K$761K10xas long as short
Aster WLDUSDT+0.0100%8h0.4539−0.024%$227K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4538−0.041%$49K$538K5xas long as short
Binance WLDUSDTshort+0.0100%8h0.4537−0.067%$86.5M$336.8M75x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4534−0.132%$64.6M$90.5M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4534−0.132%$34.3M$153.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4536−0.088%$7.1M$36.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4537−0.066%$40.0M$57.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4537−0.066%$29.9M$31.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4535−0.110%$69.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4539−0.020%$135K$296K10xas long as short
Variational Omni WLD+0.0100%8h0.4537−0.073%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4546+0.137%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4547+0.145%$608K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4541+0.022%$48K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4536−0.090%$47K$2.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4543+0.066%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4538−0.044%$217$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4537−0.066%$830K$1.6M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4538−0.044%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4534−0.124%$210K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4537−0.059%$31K$5003xas long as short
Lighter WLD+0.0128%1h0.4544+0.084%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0132%1h0.4581+0.903%$6K$185K5.5xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4536−0.093%20xas long as short
01 Exchange WLDUSD+0.0152%1h0.4538−0.042%$325$555xas long as short
Phoenix WLD+0.0158%1h0.4548+0.170%$5K$44K10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4538−0.052%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4539−0.022%$4.8M$919K75xas long as short
Coinbase International WLD-PERP-INTX+0.0488%1h0.4545+0.110%$274K$1.6M50xas long as short
Hyperliquid WLD+0.0551%1h0.4544+0.095%$49.9M$44.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1043%1h0.4538−0.039%$871K$2.9M50xas long as short