Funding you earn now, next payment 03:00 UTC−0.0274%/8h= −30.0% APRpaid last 24h —
Price spread now: Kalshi against Reya−0.176%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Kalshi is 0.176% cheaper against Reya than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | Reya WLDRUSDPERP | 0.4624 | 0.0134 | pay 0.0017% / 1h | 48m 33s | — | — | 20x |
| Short | Kalshi KXWLDPERP | 0.4616 | −0.0141 | pay 0.0141% / 8h | 1h 48m | $55K | $4.5M | 1.7x |
Reya WLDRUSDPERP
Kalshi KXWLDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Reya. 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
- −$57.63
- Price spread: −0.176% → 0.000%
- −$17.61
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$91.24
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kalshi live order book, 5 min ago | 6.45 bp | 15.5 bp −$16 | 24.2 bp −$242 | doesn't fit | doesn't fit |
Reya: 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 37 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 KXWLDPERPshort | −0.0141% | 8h | 0.4616 | −0.176% | $55K | $4.5M | 1.7x | |
| KuCoin WLDUSDTM | −0.0044% | 8h | 0.4610 | −0.306% | $7.0M | $11.5M | 50x | as long as short |
| ApeX Omni WLDUSDT | −0.0038% | 1h | 0.4643 | +0.408% | $51K | $236K | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4615 | −0.196% | $164K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4610 | −0.306% | $119K | $924K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4611 | −0.289% | $55K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0070% | 8h | 0.4610 | −0.306% | $28K | $894K | 10x | as long as short |
| Nado WLD-PERP | +0.0080% | 1h | 0.4622 | −0.057% | $268K | $187K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4616 | −0.187% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4619 | −0.107% | $50K | $508K | 5x | as long as short |
KuCoin WLDUSDTM
ApeX Omni WLDUSDT
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4622 | −0.045% | $88.0M | $323.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4622 | −0.046% | $66.2M | $87.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4623 | −0.025% | $34.9M | $148.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4619 | −0.111% | $7.2M | $36.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4625 | +0.018% | $45.6M | $54.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4623 | −0.025% | $30.7M | $29.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4624 | −0.003% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4614 | −0.224% | $137K | $289K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4652 | +0.594% | $2.1M | $1.8M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4642 | +0.395% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4651 | +0.585% | $616K | $1.8M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4626 | +0.038% | $56K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4615 | −0.198% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4610 | −0.306% | $290 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4615 | −0.198% | $843K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4611 | −0.284% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4624 | −0.008% | $213K | $907K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4612 | −0.263% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERPlong | +0.0134% | 1h | 0.4624 | long leg | — | — | 20x | |
| Phoenix WLD | +0.0172% | 1h | 0.4653 | +0.628% | $5K | $57K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0216% | 1h | 0.4625 | +0.016% | $331 | $80 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4611 | −0.282% | $5K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4624 | −0.003% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0518% | 1h | 0.4620 | −0.090% | $51.4M | $42.9M | 10x | as long as short |
| Lighter WLD | +0.0648% | 1h | 0.4622 | −0.038% | $5.1M | $2.2M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4650 | +0.559% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0897% | 1h | 0.4615 | −0.205% | $899K | $2.9M | 50x | as long as short |
Binance WLDUSDT
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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD