Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.053%
Price spread now: Kalshi against BingX−0.308%50s7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.505% of the position
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now −0.308%, 7d avg −0.120%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.188% cheaper against BingX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.120%). Swap the legs. The two prices were read 50 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 | BingX WLD-USDC | 0.4551 | 0.0100 | pay 0.0100% / 8h | 1h 45m | — | $1.3M | — |
| Short | Kalshi KXWLDPERP | 0.4537 | 0 | get 0.0000% / 8h | 5h 45m | $59K | $4.8M | 1.7x |
BingX WLD-USDC
Kalshi KXWLDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against BingX. 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
- −$21
- Price spread: −0.308% → −0.120%
- −$18.76
- Slippage, 4 orders
- −$30.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$90.22
- Costs to cover
- 0.505%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 1 min ago | 2.21 bp | 12.1 bp −$12 | 46.2 bp −$462 | 485.9 bp −$48.6K | 767.4 bp −$383.7K |
| Sell Kalshi live order book, 3 min ago | 5.50 bp | 13.4 bp −$13 | 23.5 bp −$235 | 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 | −0.0010% | 1h | 0.4540 | −0.242% | $239K | $170K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4527 | −0.523% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERPshort | 0.0000% | 8h | 0.4537 | −0.308% | $59K | $4.8M | 1.7x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4535 | −0.352% | $151K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4553 | +0.040% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0081% | 8h | 0.4543 | −0.176% | $6.7M | $11.9M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4533 | −0.396% | $27K | $788K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4550 | −0.011% | $228K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4527 | −0.531% | $50K | $539K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4551 | 0.000% | $86.8M | $340.3M | 75x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
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 | 0.4545 | −0.132% | $65.0M | $91.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4544 | −0.154% | $34.3M | $155.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4529 | −0.483% | $7.1M | $36.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4549 | −0.044% | $40.5M | $56.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4544 | −0.154% | $30.0M | $31.4M | 75x | as long as short |
| BingX WLD-USDClong | +0.0100% | 8h | 0.4551 | long leg | — | $1.3M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4533 | −0.398% | $132K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4533 | −0.402% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4542 | −0.203% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4544 | −0.157% | $600K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4542 | −0.198% | $48K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4543 | −0.174% | $54K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.264% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4531 | −0.439% | $216 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4538 | −0.286% | $830K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4533 | −0.396% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4528 | −0.506% | $209K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4535 | −0.349% | $31K | $500 | 3x | as long as short |
| 01 Exchange WLDUSD | +0.0128% | 1h | 0.4533 | −0.404% | $324 | $55 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4541 | −0.220% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4545 | −0.126% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4530 | −0.470% | $5K | $44K | 10x | as long as short |
| Lighter WLD | +0.0184% | 1h | 0.4530 | −0.455% | $4.9M | $2.9M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4553 | +0.038% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4538 | −0.286% | $4.8M | $937K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4542 | −0.198% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0735% | 1h | 0.4551 | +0.011% | $49.9M | $44.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1045% | 1h | 0.4531 | −0.444% | $868K | $2.9M | 50x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
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
01 Exchange WLDUSD
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Phoenix WLD
Lighter WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD