WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0375%/8h= +41.1% APRnext payment +$3.75 per $10,000 · paid last 24h +0.044%

Price spread now: Bybit against Kalshi+0.130%7-day average +0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on Kalshi Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.200%+$20 on $10k

Price spread, last 7 days−0.288%−$29 · spread now +0.130%, 7d avg +0.101%

Together, before fees−0.088%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bybit is 0.029% dearer against Kalshi than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.101%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4598	−0.0275	get 0.0275% / 8h	5h 04m	$61K	$3.8M	1.7x
Short	Bybit WLDUSDT	0.4604	0.0100	get 0.0100% / 8h	1h 04m	$66.0M	$82.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Kalshi. 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 KalshibpFee BybitbpOrdersPrice spread, now +0.130%Rate

Funding earned: $78.78
Price spread: +0.130% → +0.101%: $2.9
Slippage, 4 orders: −$25.7
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $34.98
Costs to cover: 0.467%
Break-even: 3.9 days

Slippage from Kalshi: live order book, 4 min ago; Bybit: live order book, 9 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 Kalshi live order book, 4 min ago	3.27 bp	19.2 bp −$19	29.8 bp −$298	doesn't fit	doesn't fit
Sell Bybit live order book, 9 min ago	1.10 bp	10.0 bp −$10	17.8 bp −$178	101.6 bp −$10.2K	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
Kalshi KXWLDPERPlong	−0.0275%	8h	0.4598	long leg	$61K	$3.8M	1.7x
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	−0.435%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4598	−0.004%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4605	+0.152%	$109K	$900K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4604	+0.134%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4600	+0.043%	$7.0M	$10.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0006%	8h	0.4604	+0.130%	$28K	$911K	10x	as long as short
Nado WLD-PERP	+0.0048%	1h	0.4605	+0.152%	$277K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4603	+0.118%	$195K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4600	+0.040%	$53K	$481K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4605	+0.148%	$87.1M	$297.4M	75x	as long as short
Bybit WLDUSDTshort	+0.0100%	8h	0.4604	+0.130%	$66.0M	$82.0M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4604	+0.130%	$34.4M	$142.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4604	+0.130%	$7.5M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4603	+0.109%	$49.6M	$52.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4602	+0.087%	$30.4M	$25.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4605	+0.152%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4605	+0.152%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4593	−0.111%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4584	−0.298%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4591	−0.145%	$617K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4586	−0.261%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4608	+0.220%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4610	+0.261%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4603	+0.109%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4596	−0.043%	$868K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4603	+0.109%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4601	+0.057%	$238K	$858K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4606	+0.172%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4597	−0.026%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4605	+0.150%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0185%	1h	0.4607	+0.186%	$920K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4605	+0.152%	$4.9M	$819K	75x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4609	+0.244%	$330	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4604	+0.128%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4609	+0.239%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0673%	1h	0.4609	+0.248%	$50.1M	$43.0M	10x	as long as short
Lighter WLD	+0.1032%	1h	0.4614	+0.355%	$5.2M	$2.1M	10x	as long as short