Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.044%
Price spread now: Kalshi against Binance+0.057%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$470.470% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.198%−$20 on $10k
Price spread, last 7 days−0.235%−$24 · spread now +0.057%, 7d avg −0.132%
Together, before fees−0.433%−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.189% dearer against Binance than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.132%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WLDUSDT0.45260.0100pay 0.0100% / 8h1h 11m$86.3M$335.9M75x
ShortKalshi KXWLDPERP0.45290get 0.0000% / 8h5h 11m$50K$4.7M1.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Binance. 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

Funding earned
−$21
Price spread: +0.057% → −0.132%
$18.95
Slippage, 4 orders
−$26.99
Fee Binance: 5 bp × 2 orders
−$10
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$49.04
Costs to cover
0.470%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Kalshi: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.10 bp6.1 bp −$611.6 bp −$11649.3 bp −$4,926221.3 bp −$110.7K
Sell Kalshi live order book, 3 min ago1.10 bp25.7 bp −$2632.5 bp −$325doesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0013%1h0.4526+0.002%$238K$169K5xas long as short
dYdX WLD-USD0.0000%1h0.4526−0.018%$154K$32K10xas long as short
Kalshi KXWLDPERPshort0.0000%8h0.4529+0.057%$50K$4.7M1.7x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4527+0.013%$150K$954K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4530+0.072%$65K150xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4526−0.009%$27K$758K10xas long as short
Aster WLDUSDT+0.0100%8h0.4528+0.035%$226K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4528+0.039%$49K$538K5xas long as short
Binance WLDUSDTlong+0.0100%8h0.4526long leg$86.3M$335.9M75x
Bybit WLDUSDT+0.0100%8h0.4525−0.031%$64.5M$89.7M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4525−0.031%$34.2M$152.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4526−0.009%$7.1M$36.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4527+0.013%$39.9M$57.7M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4525−0.031%$6.7M$11.7M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4525−0.031%$29.9M$31.0M75xas long as short
BingX WLD-USDT+0.0100%8h0.4525−0.031%$69.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4528+0.026%$134K$293K10xas long as short
Variational Omni WLD+0.0100%8h0.4527+0.006%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4528+0.038%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4532+0.123%$597K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4530+0.079%$48K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4526−0.003%$47K$2.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4533+0.145%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4526−0.009%$216$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4526−0.009%$828K$1.6M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4528+0.035%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4523−0.071%$210K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4528+0.027%$31K$5003xas long as short
Lighter WLD+0.0128%1h0.4533+0.137%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0132%1h0.4581+1.206%$6K$185K5.5xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4526−0.004%20xas long as short
01 Exchange WLDUSD+0.0144%1h0.4529+0.066%$324$555xas long as short
Phoenix WLD+0.0158%1h0.4537+0.236%$5K$44K10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.45260.000%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4525−0.031%$4.8M$914K75xas long as short
Coinbase International WLD-PERP-INTX+0.0488%1h0.4531+0.101%$273K$1.6M50xas long as short
Hyperliquid WLD+0.0524%1h0.4533+0.139%$49.8M$44.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1045%1h0.4529+0.060%$875K$2.9M50xas long as short