Funding you earn now, next payment 00:00 UTC+0.0601%/8h= +65.8% APRpaid last 24h +0.094%
Price spread now: Injective against Kalshi+0.130%66s7-day average +0.324% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now +0.130%, 7d avg +0.324%
=Funding pays, the price is against you. Injective is 0.194% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.130% now, against its 7-day average of +0.324%). If the spread goes back, that is −$19 on $10k: about 26 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.243% in total) that is about 5.6 days. 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 0.243% in total (about 12.7% 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 | 0.4606 | −0.0228 | get 0.0228% / 8h | 4h 42m | $48K | $3.9M | 1.7x |
| Short | Injective WLD/USDC PERP | 0.4612 | 0.0373 | get 0.0047% / 1h | 42m 17s | $6K | $185K | 5.5x |
Kalshi KXWLDPERP
Injective WLD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $126.17
- Price spread: +0.130% → +0.324%
- −$19.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $96.75
- Costs to cover
- 0.100%
- Break-even
- 1.6 days
Slippage unknown: Kalshi: live order book, 1 min ago; Injective: live order book, 2 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 Kalshi live order book, 1 min ago | 1.08 bp | 6.1 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Injective live order book, 2 min ago | 53.29 bp | doesn't fit | doesn't fit | 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 KXWLDPERPlong | −0.0228% | 8h | 0.4606 | long leg | $48K | $3.9M | 1.7x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4600 | −0.132% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4597 | −0.195% | $112K | $883K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4598 | −0.169% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0017% | 8h | 0.4595 | −0.239% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0018% | 8h | 0.4596 | −0.217% | $7.0M | $10.9M | 50x | as long as short |
| Nado WLD-PERP | +0.0071% | 1h | 0.4597 | −0.185% | $277K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4598 | −0.164% | $190K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4600 | −0.137% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4599 | −0.158% | $87.1M | $300.2M | 75x | as long as short |
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4594 | −0.261% | $65.8M | $82.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4594 | −0.261% | $34.3M | $142.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4596 | −0.217% | $7.5M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4597 | −0.195% | $46.5M | $52.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4594 | −0.261% | $30.3M | $25.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4597 | −0.195% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4610 | +0.093% | $129K | $270K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4646 | +0.867% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4634 | +0.614% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4625 | +0.412% | $624K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4631 | +0.543% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4600 | −0.124% | $44K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4601 | −0.109% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4596 | −0.217% | $210 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4594 | −0.261% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4598 | −0.174% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4593 | −0.278% | $236K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4597 | −0.206% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4654 | +1.033% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4595 | −0.240% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4612 | +0.130% | $4.9M | $829K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4597 | −0.192% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0304% | 1h | 0.4602 | −0.085% | $329 | $77 | 5x | as long as short |
| Injective WLD/USDC PERPshort | +0.0373% | 1h | 0.4612 | +0.130% | $6K | $185K | 5.5x | |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4600 | −0.130% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0635% | 1h | 0.4604 | −0.037% | $50.1M | $43.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0715% | 1h | 0.4600 | −0.125% | $915K | $2.6M | 50x | as long as short |
| Lighter WLD | +0.1640% | 1h | 0.4609 | +0.059% | $5.2M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Phoenix WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD