Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0307%/8h= +33.6% APRpaid last 24h +0.069%

Price spread now: Extended against Kalshi+0.132%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs+$25as in the Funding arb table

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

costs, in and out, $10k−$370.368% of the position

Long on Kalshi Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.618%+$62 on $10k

Price spread, last 4 days (all we have)+0.699%+$70 · spread now +0.132%, 7d avg +0.105%

Together, before fees+1.317%+ Points / potential airdropExtended: Active · farm board+$132 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.027% dearer against Kalshi than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.105%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4577	−0.0203	get 0.0203% / 8h	3h 50m	$63K	$3.9M	1.7x
Short	Extended WLD-USD	0.4583	0.0104	get 0.0013% / 1h	50m 33s	$231K	$847K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.132%Rate

Funding earned: $64.47
Price spread: +0.132% → +0.105%: $2.73
Slippage, 4 orders: −$21.81
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $30.39
Costs to cover: 0.368%
Break-even: 3.7 days

Slippage from Kalshi: live order book, 3 min ago; Extended: live order book, 23 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, 3 min ago	1.09 bp	21.3 bp −$21	29.3 bp −$293	doesn't fit	doesn't fit
Sell Extended live order book, 23 min ago	2.18 bp	4.7 bp −$5	11.9 bp −$119	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	−0.0203%	8h	0.4577	long leg	$63K	$3.9M	1.7x
KuCoin WLDUSDTM	−0.0003%	8h	0.4575	−0.044%	$7.0M	$11.0M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4578	+0.018%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4581	+0.087%	$123K	$876K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4582	+0.112%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0006%	1h	0.4589	+0.262%	$276K	$169K	5x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4597	+0.437%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0041%	8h	0.4580	+0.066%	$28K	$904K	10x	as long as short
Gate WLD_USDT	+0.0048%	8h	0.4581	+0.087%	$7.5M	$35.1M	75x	as long as short
ApeX Omni WLDUSDT	+0.0070%	1h	0.4594	+0.371%	$54K	$229K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4582	+0.105%	$192K	$984K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4580	+0.064%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4588	+0.240%	$86.7M	$303.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4589	+0.262%	$65.8M	$82.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4589	+0.262%	$34.3M	$143.6M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4582	+0.109%	$46.4M	$53.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4589	+0.262%	$30.4M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4582	+0.109%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4577	+0.009%	$136K	$282K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4581	+0.083%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4590	+0.290%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4597	+0.437%	$610K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4590	+0.273%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4586	+0.197%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4580	+0.066%	$214	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	0.000%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4579	+0.044%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDshort	+0.0104%	1h	0.4583	+0.132%	$231K	$847K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4580	+0.073%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4587	+0.225%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4593	+0.350%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4583	+0.131%	$4.9M	$821K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4582	+0.102%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4592	+0.339%	$329	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4583	+0.134%	$903K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4582	+0.109%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0729%	1h	0.4596	+0.409%	$51.0M	$43.4M	10x	as long as short
Lighter WLD	+0.1112%	1h	0.4588	+0.240%	$5.2M	$2.0M	10x	as long as short