Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.069%

Price spread now: Kalshi against ApeX Omni+0.131%7-day average −0.175% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$640.637% of the position

Long on ApeX Omni Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.320%−$32 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.131%, 7d avg −0.175%

Together, before fees−0.317%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.306% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of −0.175%): +$31 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4573	0.0100	pay 0.0013% / 1h	12m 42s	$43K	$239K	50x
Short	Kalshi KXWLDPERP	0.4579	0	get 0.0000% / 8h	12m 42s	$46K	$4.6M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against ApeX Omni. 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 ApeX OmnibpFee KalshibpOrdersPrice spread, now +0.131%Rate

Funding earned: −$21
Price spread: +0.131% → −0.175%: $30.58
Slippage, 4 orders: −$43.7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$54.12
Costs to cover: 0.637%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 44 min ago; Kalshi: live order book, 1 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 ApeX Omni live order book, 44 min ago	8.72 bp	16.3 bp −$16	101.2 bp −$1,012	doesn't fit	doesn't fit
Sell Kalshi live order book, 1 min ago	5.45 bp	17.0 bp −$17	28.4 bp −$284	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	−0.0047%	1h	0.4582	+0.197%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0004%	8h	0.4580	+0.153%	$7.0M	$11.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4581	+0.179%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERPshort	0.0000%	8h	0.4579	+0.131%	$46K	$4.6M	1.7x
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4582	+0.197%	$118K	$942K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4580	+0.148%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4583	+0.219%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0095%	8h	0.4580	+0.153%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4586	+0.273%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	+0.166%	$211K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4581	+0.169%	$49K	$527K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4578	+0.119%	$86.8M	$328.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4578	+0.109%	$65.1M	$89.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4580	+0.153%	$34.3M	$149.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4580	+0.153%	$7.2M	$37.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4580	+0.153%	$44.0M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4579	+0.131%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4579	+0.131%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4582	+0.188%	$137K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	+0.103%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4575	+0.045%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4576	+0.066%	$602K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4573	long leg	$43K	$239K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	+0.129%	$40K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4586	+0.284%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4581	+0.175%	$175	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4574	+0.022%	$836K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4582	+0.197%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4578	+0.115%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4582	+0.190%	$31K	$600	3x	as long as short
01 Exchange WLDUSD	+0.0128%	1h	0.4585	+0.271%	$328	$80	5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4577	+0.093%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4586	+0.293%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4584	+0.241%	$4.9M	$833K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4580	+0.159%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0327%	1h	0.4585	+0.258%	$50.3M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0479%	1h	0.4584	+0.248%	$885K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4593	+0.437%	$269K	$1.7M	50x	as long as short