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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against Kalshi−0.133%7-day average +0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$620.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.211%+$21 on $10k
Price spread, last 7 days+0.280%+$28 · spread now −0.133%, 7d avg +0.117%
Together, before fees+0.490%+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.250% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of +0.117%). If the spread goes back, that is −$25 on $10k: about 8.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXWLDPERP0.45210get 0.0000% / 8h4h 07m$51K$4.6M1.7x
ShortKuCoin WLDUSDTM0.45150.0100get 0.0100% / 8h7m 46s$6.6M$11.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.133% → +0.117%
−$24.97
Slippage, 4 orders
−$40.45
Fee Kalshi: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$66.42
Costs to cover
0.624%
Break-even
29.1 days
Slippage from Kalshi: live order book, 1 min ago; KuCoin: live order book, 11 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 Kalshi live order book, 1 min ago5.53 bp12.0 bp −$1221.5 bp −$215doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago1.11 bp18.9 bp −$1937.9 bp −$379doesn'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
Injective WLD/USDC PERP−0.0309%1h0.4508−0.288%$6K$185K5.5xas long as short
Nado WLD-PERP−0.0003%1h0.4516−0.111%$234K$175K5xas long as short
dYdX WLD-USD0.0000%1h0.4521−0.002%$154K$32K10xas long as short
Kalshi KXWLDPERPlong0.0000%8h0.4521long leg$51K$4.6M1.7x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4519−0.044%$135K$986K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4519−0.043%$65K150xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4518−0.066%$27K$658K10xas long as short
Aster WLDUSDT+0.0100%8h0.4516−0.111%$228K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4520−0.016%$54K$543K5xas long as short
Binance WLDUSDT+0.0100%8h0.4514−0.161%$86.6M$333.4M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4510−0.243%$63.8M$89.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4510−0.243%$34.1M$150.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4514−0.155%$7.0M$36.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4516−0.111%$41.8M$57.1M300xas long as short
KuCoin WLDUSDTMshort+0.0100%8h0.4515−0.133%$6.6M$11.6M50x
Bitget WLDUSDT+0.0100%8h0.4510−0.243%$29.8M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4513−0.177%$20.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4517−0.082%$131K$297K10xas long as short
Variational Omni WLD+0.0100%8h0.4505−0.355%$2.0M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4511−0.220%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4512−0.200%$594K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4509−0.265%$48K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4518−0.066%$49K$2.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4526+0.111%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4517−0.088%$219$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4520−0.022%$827K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4516−0.111%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4514−0.145%$208K$880K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4520−0.033%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4515−0.134%20xas long as short
Phoenix WLD+0.0177%1h0.4521+0.002%$4K$43K10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4518−0.066%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4522+0.022%$4.8M$899K75xas long as short
Lighter WLD+0.0224%1h0.4522+0.027%$4.9M$2.9M10xas long as short
01 Exchange WLDUSD+0.0224%1h0.4522+0.024%$324$555xas long as short
Hyperliquid WLD+0.0401%1h0.4517−0.082%$50.2M$43.0M10xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4523+0.044%$268K$1.6M50xas long as short
Kraken Futures PF_WLDUSD+0.0457%1h0.4518−0.059%$866K$2.8M50xas long as short