Funding you earn now, next payment 00:00 UTC+0.0538%/8h= +58.9% APRnext payment +$5.38 per $10,000 · paid last 24h +0.047%
Price spread now: Gate against Kalshi−0.022%48s7-day average +0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$610.609% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now −0.022%, 7d avg +0.115%
=Funding pays, the price is against you. Gate is 0.137% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.115%). If the spread goes back, that is −$14 on $10k: about 20 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.176% in total) that is about 5.4 days. The two prices were read 48 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 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.38 per $10,000. 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 | 0.4572 | −0.0438 | get 0.0438% / 8h | 5h 47m | $44K | $3.8M | 1.7x |
| Short | Gate WLD_USDT | 0.4571 | 0.0100 | get 0.0100% / 8h | 1h 47m | $7.5M | $34.8M | 75x |
Kalshi KXWLDPERP
Gate WLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $112.95
- Price spread: −0.022% → +0.115%
- −$13.69
- Slippage, 4 orders
- −$35.86
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $38.4
- Costs to cover
- 0.609%
- Break-even
- 4.6 days
Slippage from Kalshi: live order book, 1 min ago; Gate: 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 Kalshi live order book, 1 min ago | 4.37 bp | 11.5 bp −$11 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.19 bp | 15.0 bp −$15 | 30.7 bp −$307 | 48.8 bp −$4,881 | 120.2 bp −$60.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERPlong | −0.0438% | 8h | 0.4572 | long leg | $44K | $3.8M | 1.7x | |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4522 | −1.094% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | −0.0009% | 8h | 0.4574 | +0.044% | $28K | $914K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4575 | +0.067% | $156K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4576 | +0.087% | $121K | $894K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4572 | 0.000% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0007% | 8h | 0.4570 | −0.044% | $7.0M | $10.7M | 50x | as long as short |
| Variational Omni WLD | +0.0045% | 8h | 0.4543 | −0.632% | $2.1M | $1.6M | — | as long as short |
| Nado WLD-PERP | +0.0075% | 1h | 0.4571 | −0.027% | $275K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4575 | +0.060% | $214K | $974K | 50x | as long as short |
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Variational Omni WLD
Nado WLD-PERP
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4577 | +0.111% | $51K | $480K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4571 | −0.011% | $86.2M | $294.1M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4570 | −0.044% | $65.1M | $80.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4573 | +0.022% | $34.3M | $139.8M | 50x | as long as short |
| Gate WLD_USDTshort | +0.0100% | 8h | 0.4571 | −0.022% | $7.5M | $34.8M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4570 | −0.044% | $52.8M | $50.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4573 | +0.022% | $30.3M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4570 | −0.044% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4575 | +0.074% | $130K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4547 | −0.553% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4551 | −0.457% | $621K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4565 | −0.153% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4574 | +0.052% | $47K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4579 | +0.153% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4573 | +0.022% | $200 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4568 | −0.087% | $862K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4571 | −0.022% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4572 | −0.004% | $239K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4576 | +0.097% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4558 | −0.300% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4571 | −0.029% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0186% | 1h | 0.4578 | +0.122% | $920K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4568 | −0.087% | $4.8M | $814K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4578 | +0.125% | $328 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4571 | −0.019% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4577 | +0.109% | $280K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0912% | 1h | 0.4586 | +0.306% | $5.2M | $2.1M | 10x | as long as short |
| Hyperliquid WLD | +0.1187% | 1h | 0.4582 | +0.221% | $49.6M | $42.7M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
Phoenix WLD
Reya WLDRUSDPERP
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Lighter WLD
Hyperliquid WLD