Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h +0.069%

Price spread now: edgeX against Kalshi+0.177%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Kalshi Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.322%+$32 on $10k

Price spread, last 4 days (all we have)−0.303%−$30 · spread now +0.177%, 7d avg +0.099%

Together, before fees+0.019%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and edgeX is 0.078% dearer against Kalshi than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.099%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4624	−0.0130	get 0.0130% / 8h	1h 26m	$53K	$4.5M	1.7x
Short	edgeX WLDUSDC	0.4632	0.0100	get 0.0050% / 4h	1h 26m	$28K	$317K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.177%Rate

Funding earned: $48.29
Price spread: +0.177% → +0.099%: $7.77
Slippage, 4 orders: −$22.73
Fee Kalshi: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $14.33
Costs to cover: 0.417%
Break-even: 4.9 days

Slippage from Kalshi: live order book, 2 min ago; edgeX: live order book, 37 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, 2 min ago	1.08 bp	7.5 bp −$7	17.4 bp −$174	doesn't fit	doesn't fit
Sell edgeX live order book, 37 min ago	4.28 bp	8.8 bp −$9	17.1 bp −$171	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
Kalshi KXWLDPERPlong	−0.0130%	8h	0.4624	long leg	$53K	$4.5M	1.7x
KuCoin WLDUSDTM	−0.0034%	8h	0.4634	+0.216%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4630	+0.130%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4628	+0.087%	$119K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4628	+0.083%	$55K	—	150x	as long as short
Nado WLD-PERP	+0.0017%	1h	0.4635	+0.238%	$268K	$187K	5x	as long as short
01 Exchange WLDUSD	+0.0072%	1h	0.4635	+0.229%	$332	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0075%	8h	0.4626	+0.043%	$28K	$893K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4631	+0.157%	$174K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4631	+0.157%	$49K	$511K	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	0.4628	+0.096%	$87.9M	$325.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4626	+0.043%	$66.1M	$87.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4626	+0.043%	$34.9M	$148.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4627	+0.065%	$7.2M	$36.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4628	+0.087%	$45.8M	$54.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4624	0.000%	$30.6M	$29.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4627	+0.065%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4625	+0.028%	$134K	$291K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4635	+0.228%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4632	+0.177%	$28K	$317K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4627	+0.064%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4640	+0.346%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4633	+0.201%	$55K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4637	+0.281%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4628	+0.087%	$174	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4627	+0.065%	$845K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4623	−0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4623	−0.016%	$213K	$927K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4627	+0.067%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4630	+0.133%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4643	+0.404%	$5K	$57K	10x	as long as short
Lighter WLD	+0.0184%	1h	0.4631	+0.147%	$5.0M	$2.3M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4624	0.000%	$5.0M	$802K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4626	+0.051%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0462%	1h	0.4635	+0.236%	$51.6M	$42.9M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4634	+0.216%	$275K	$1.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4616	−0.173%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0894%	1h	0.4630	+0.127%	$896K	$2.9M	50x	as long as short