Funding you earn now, next payment 09:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.026%
Price spread now: Deribit against Kalshi−0.088%7-day average +0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)+0.779%+$78 · spread now −0.088%, 7d avg +0.164%
=Funding pays, the price is against you. Deribit is 0.252% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.164%). If the spread goes back, that is −$25 on $10k: about 4.4 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.122% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.4% 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 | Kalshi KXWLDPERP | 0.4545 | 0 | get 0.0000% / 8h | 3h 21m | $34K | $4.6M | 1.7x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4541 | 0.0191 | get 0.0024% / 1h | 21m 18s | $117K | $991K | 25x |
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $40.03
- Price spread: −0.088% → +0.164%
- −$25.2
- Slippage, 4 orders
- −$32.66
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$34.83
- Costs to cover
- 0.497%
- Break-even
- 13.1 days
Slippage from Kalshi: live order book, 2 min ago; Deribit: live order book, 3 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, 2 min ago | 1.11 bp | 27.7 bp −$28 | 35.6 bp −$356 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 3 min ago | 4.42 bp | 7.9 bp −$8 | 16.5 bp −$165 | 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 | −0.0022% | 1h | 0.4531 | −0.319% | $235K | $175K | 5x | as long as short |
| Kalshi KXWLDPERPlong | 0.0000% | 8h | 0.4545 | long leg | $34K | $4.6M | 1.7x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4525 | −0.438% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4539 | −0.132% | $27K | $563K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4540 | −0.110% | $227K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4529 | −0.345% | $56K | $553K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4545 | 0.000% | $86.8M | $334.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4546 | +0.022% | $64.4M | $89.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4547 | +0.044% | $34.4M | $151.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4537 | −0.176% | $7.2M | $34.9M | 75x | as long as short |
Nado WLD-PERP
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0100% | 8h | 0.4549 | +0.088% | $41.9M | $56.8M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4544 | −0.022% | $6.7M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4547 | +0.044% | $30.0M | $31.3M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4537 | −0.176% | — | $20.4M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4526 | −0.407% | $131K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4470 | −1.658% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4519 | −0.580% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4524 | −0.453% | $596K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4526 | −0.418% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4533 | −0.264% | $49K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4547 | +0.044% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4540 | −0.110% | $222 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.132% | $830K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4544 | −0.022% | $1.7M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4538 | −0.145% | $214K | $907K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4540 | −0.113% | $31K | $500 | 3x | as long as short |
| Hyperliquid WLD | +0.0106% | 1h | 0.4538 | −0.161% | $50.3M | $43.0M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | −0.814% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4533 | −0.267% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4551 | +0.125% | $5.0M | $3.0M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0160% | 1h | 0.4534 | −0.233% | $324 | $55 | 5x | as long as short |
| dYdX WLD-USD | +0.0186% | 1h | 0.4532 | −0.281% | $155K | $31K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | +0.0191% | 1h | 0.4541 | −0.088% | $117K | $991K | 25x | |
| Phoenix WLD | +0.0194% | 1h | 0.4528 | −0.383% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4545 | +0.004% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4546 | +0.022% | $4.4M | $939K | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0301% | 1h | 0.4543 | −0.045% | $900K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4548 | +0.066% | $270K | $1.6M | 50x | as long as short |
MEXC WLD_USDT
KuCoin WLDUSDTM
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
Hyperliquid WLD
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Lighter WLD
01 Exchange WLDUSD
dYdX WLD-USD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX