WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.99 per $10,000 · paid last 24h −0.032%

Price spread now: Kalshi against Orderly+0.110%7-day average −0.135% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.160%−$16 on $10k

Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.110%, 7d avg −0.135%

Together, before fees−0.399%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.245% dearer against Orderly than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of −0.135%): +$25 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WLD_USDC	0.4544	0.0099	pay 0.0099% / 8h	1h 43m	$27K	$788K	10x
Short	Kalshi KXWLDPERP	0.4549	0	get 0.0000% / 8h	5h 43m	$48K	$4.8M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee KalshibpOrdersPrice spread, now +0.110%Rate

Funding earned: −$20.75
Price spread: +0.110% → −0.135%: $24.51
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$12.24
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; Kalshi: live order book, 5 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 Orderly no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 5 min ago	5.50 bp	13.4 bp −$13	23.5 bp −$235	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0006%	1h	0.4544	+0.006%	$239K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4539	−0.106%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERPshort	0.0000%	8h	0.4549	+0.110%	$48K	$4.8M	1.7x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4546	+0.046%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0082%	8h	0.4544	0.000%	$6.7M	$11.9M	50x	as long as short
Orderly PERP_WLD_USDClong	+0.0099%	8h	0.4544	long leg	$27K	$788K	10x
Aster WLDUSDT	+0.0100%	8h	0.4548	+0.081%	$228K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4541	−0.055%	$50K	$539K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4545	+0.029%	$86.8M	$340.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4547	+0.066%	$65.1M	$92.0M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4549	+0.110%	$34.4M	$155.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4546	+0.044%	$7.2M	$36.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4548	+0.088%	$40.4M	$56.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4549	+0.110%	$30.0M	$31.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4548	+0.088%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4548	+0.079%	$135K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4533	−0.249%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4536	−0.178%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4544	−0.004%	$600K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4542	−0.044%	$48K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4542	−0.053%	$50K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4551	+0.154%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4546	+0.044%	$216	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4554	+0.220%	$832K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4546	+0.044%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4548	+0.099%	$209K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4546	+0.042%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4541	−0.066%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4543	−0.027%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0136%	1h	0.4550	+0.123%	$325	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4530	−0.317%	$5K	$44K	10x	as long as short
Lighter WLD	+0.0168%	1h	0.4542	−0.035%	$4.9M	$2.9M	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4547	+0.066%	$151K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4545	+0.021%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4555	+0.242%	$4.9M	$940K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4548	+0.088%	$274K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0715%	1h	0.4546	+0.033%	$49.8M	$44.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1041%	1h	0.4547	+0.059%	$875K	$2.9M	50x	as long as short