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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0305%/8h= −33.4% APRnext payment $3.05 per $10,000 · paid last 24h −0.044%
Price spread now: Kalshi against Bybit−0.022%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 7 days+0.215%+$22 · spread now −0.022%, 7d avg −0.102%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.081% dearer against Bybit than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.102%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.218% in total) that is about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLDUSDT0.45920.0100pay 0.0100% / 8h7h 52m$66.0M$82.7M50x
ShortKalshi KXWLDPERP0.4591−0.0205pay 0.0205% / 8h3h 52m$65K$3.9M1.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Bybit. 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
−$64.07
Price spread: −0.022% → −0.102%
$8.07
Slippage, 4 orders
−$24.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$101.92
Costs to cover
0.459%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago1.09 bp7.5 bp −$815.3 bp −$153123.4 bp −$12.3Kdoesn't fit
Sell Kalshi live order book, 1 min ago1.09 bp6.1 bp −$617.2 bp −$172doesn'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
Kalshi KXWLDPERPshort−0.0205%8h0.4591−0.022%$65K$3.9M1.7x
Gate WLD_USDT−0.0070%8h0.4593+0.022%$7.5M$35.0M75xas long as short
ApeX Omni WLDUSDT−0.0046%1h0.4583−0.196%$54K$228K50xas long as short
KuCoin WLDUSDTM−0.0002%8h0.4593+0.022%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4591−0.014%$164K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4593+0.024%$56K150xas long as short
Nado WLD-PERP+0.0009%1h0.4591−0.011%$276K$169K5xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597+0.109%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0040%8h0.4591−0.022%$28K$904K10xas long as short
Aster WLDUSDT+0.0100%8h0.4597+0.098%$192K$988K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4591−0.021%$54K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4594+0.042%$86.8M$303.9M75xas long as short
Bybit WLDUSDTlong+0.0100%8h0.4592long leg$66.0M$82.7M50x
OKX WLD-USDT-SWAP+0.0100%8h0.4591−0.022%$34.4M$143.8M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4595+0.065%$46.5M$53.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.45920.000%$30.4M$26.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.45920.000%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4596+0.096%$137K$283K10xas long as short
Variational Omni WLD+0.0100%8h0.4593+0.019%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4577−0.316%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4589−0.054%$609K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4596+0.076%$49K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4596+0.087%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4593+0.022%$218$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4586−0.131%$853K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4595+0.065%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4595+0.076%$231K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4589−0.071%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4593+0.017%20xas long as short
Phoenix WLD+0.0157%1h0.4583−0.192%$5K$53K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0185%1h0.4596+0.087%$123K$892K25xas long as short
BloFin WLD-USDT+0.0220%8h0.45920.000%$4.9M$823K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4594+0.034%$5K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4596+0.094%$329$775xas long as short
Kraken Futures PF_WLDUSD+0.0328%1h0.4596+0.088%$905K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4597+0.109%$271K$1.6M50xas long as short
Hyperliquid WLD+0.0742%1h0.4599+0.161%$51.0M$43.4M10xas long as short
Lighter WLD+0.1120%1h0.4603+0.246%$5.2M$2.0M10xas long as short