Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h +0.073%

Price spread now: Injective against Kalshi+0.314%66s7-day average +0.324% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kalshi Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.234%+$23 on $10k

Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.314%, 7d avg +0.324%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4463	0	get 0.0000% / 8h	1h 47m	$67K	$4.2M	1.7x
Short	Injective WLD/USDC PERP	0.4477	0.0007	get 0.0001% / 1h	47m 40s	$6K	$185K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.314%Rate

Funding earned: $1.45
Price spread: +0.314% → +0.324%: −$1.06
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$9.63
Costs to cover: 0.100%
Break-even: 53.6 days

Slippage unknown: Kalshi: live order book, 4 min ago; Injective: live order book, 64 min ago. Net counts fees only.

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	7.85 bp	12.9 bp −$13	22.0 bp −$220	doesn't fit	doesn't fit
Sell Injective live order book, 64 min ago	65.01 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

WLD on 38 exchanges

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
Kraken Futures PF_WLDUSD	−0.0193%	1h	0.4466	+0.071%	$855K	$2.6M	50x	as long as short
Bybit WLDUSDT	−0.0141%	8h	0.4460	−0.067%	$63.7M	$84.9M	50x	as long as short
Nado WLD-PERP	−0.0141%	1h	0.4456	−0.157%	$234K	$159K	5x	as long as short
Polymarket Perps WLD-USD	−0.0121%	1h	0.4456	−0.157%	$48K	$2.6M	10x	as long as short
Gate WLD_USDT	−0.0092%	8h	0.4460	−0.067%	$7.0M	$31.2M	75x	as long as short
01 Exchange WLDUSD	−0.0064%	1h	0.4460	−0.063%	$319	$55	5x	as long as short
Kalshi KXWLDPERPlong	0.0000%	8h	0.4463	long leg	$67K	$4.2M	1.7x
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4463	0.000%	$101K	$1.1M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4463	−0.010%	$65K	—	150x	as long as short
Injective WLD/USDC PERPshort	+0.0007%	1h	0.4477	+0.314%	$6K	$185K	5.5x

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	+0.0009%	1h	0.4460	−0.071%	$152K	$31K	10x	as long as short
Phoenix WLD	+0.0053%	1h	0.4456	−0.146%	$4K	$40K	10x	as long as short
KuCoin WLDUSDTM	+0.0059%	8h	0.4463	0.000%	$6.6M	$10.4M	50x	as long as short
Variational Omni WLD	+0.0080%	8h	0.4450	−0.283%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0088%	8h	0.4462	−0.022%	$27K	$334K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4468	+0.110%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4468	+0.105%	$49.4M	$28.9M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4464	+0.012%	$210K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4464	+0.022%	$58K	$501K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4462	−0.022%	$84.7M	$313.0M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4461	−0.045%	$33.9M	$141.1M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4463	0.000%	$41.9M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4459	−0.090%	$29.3M	$28.7M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4462	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4467	+0.083%	$129K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4454	−0.197%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4471	+0.179%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4455	−0.179%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4466	+0.067%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4464	+0.022%	$231	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4455	−0.179%	$817K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4466	+0.067%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4459	−0.100%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4465	+0.043%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4450	−0.282%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4466	+0.062%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4453	−0.224%	$4.8M	$912K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4463	0.000%	$272K	$968K	50x	as long as short