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 − costs—prices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXWLDPERP | 0.4540 | 0 | get 0.0000% / 8h | 5h 18m | $49K | $4.7M | 1.7x |
| Short | Binance WLDUSDT | 0.4537 | 0.0100 | get 0.0100% / 8h | 1h 18m | $86.5M | $336.8M | 75x |
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 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: −0.067% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kalshi live order book, 5 min ago | 4.40 bp | 9.4 bp −$9 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.11 bp | 9.1 bp −$9 | 15.3 bp −$153 | 50.2 bp −$5,015 | 170.2 bp −$85.1K |
WLD on 38 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0004% | 1h | 0.4536 | −0.077% | $239K | $169K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4538 | −0.042% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERPlong | 0.0000% | 8h | 0.4540 | long leg | $49K | $4.7M | 1.7x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4539 | −0.022% | $151K | $956K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4541 | +0.021% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0096% | 8h | 0.4536 | −0.088% | $6.7M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4536 | −0.088% | $27K | $761K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4539 | −0.024% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4538 | −0.041% | $49K | $538K | 5x | as long as short |
| Binance WLDUSDTshort | +0.0100% | 8h | 0.4537 | −0.067% | $86.5M | $336.8M | 75x |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4534 | −0.132% | $64.6M | $90.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4534 | −0.132% | $34.3M | $153.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4536 | −0.088% | $7.1M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4537 | −0.066% | $40.0M | $57.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4537 | −0.066% | $29.9M | $31.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4535 | −0.110% | — | $69.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4539 | −0.020% | $135K | $296K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4537 | −0.073% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4546 | +0.137% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4547 | +0.145% | $608K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4541 | +0.022% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4536 | −0.090% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4543 | +0.066% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4538 | −0.044% | $217 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4537 | −0.066% | $830K | $1.6M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4538 | −0.044% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4534 | −0.124% | $210K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4537 | −0.059% | $31K | $500 | 3x | as long as short |
| Lighter WLD | +0.0128% | 1h | 0.4544 | +0.084% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +0.903% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4536 | −0.093% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0152% | 1h | 0.4538 | −0.042% | $325 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4548 | +0.170% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4538 | −0.052% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4539 | −0.022% | $4.8M | $919K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4545 | +0.110% | $274K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0551% | 1h | 0.4544 | +0.095% | $49.9M | $44.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1043% | 1h | 0.4538 | −0.039% | $871K | $2.9M | 50x | as long as short |
Kalshi KXWLDPERP
Binance WLDUSDT
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
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
Lighter WLD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD