WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0193%/8h= +21.1% APRnext payment +$1.93 per $10,000 · paid last 24h +0.042%

Price spread now: Orderly against Kalshi−0.088%52s7-day average +0.138% · you buy dearer than you sell

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

Long on Kalshi Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.175%+$18 on $10k

Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.088%, 7d avg +0.138%

Together, before fees+0.538%+$54 on $10k · with fees, hour by hour

Funding pays, the price is against you. Orderly is 0.226% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.138%). If the spread goes back, that is −$23 on $10k: about 3.9 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.175% in total) that is about 9.0 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4549	−0.0105	get 0.0105% / 8h	38m 23s	$57K	$4.6M	1.7x
Short	Orderly PERP_WLD_USDC	0.4545	0.0087	get 0.0087% / 8h	4h 38m	$28K	$887K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.088%Rate

Funding earned: $40.48
Price spread: −0.088% → +0.138%: −$22.56
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $1.93
Costs to cover: 0.160%
Break-even: 6.7 days

Slippage unknown: Kalshi: live order book, 5 min ago; Orderly: no order-book sample. 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, 5 min ago	1.10 bp	6.1 bp −$6	10.2 bp −$102	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0105%	8h	0.4549	long leg	$57K	$4.6M	1.7x
Nado WLD-PERP	−0.0057%	1h	0.4548	−0.022%	$241K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0030%	8h	0.4545	−0.088%	$6.9M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4543	−0.138%	$155K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4546	−0.066%	$117K	$927K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4549	−0.002%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	+0.198%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4546	−0.066%	$325	$80	5x	as long as short
Orderly PERP_WLD_USDCshort	+0.0087%	8h	0.4545	−0.088%	$28K	$887K	10x
Lighter WLD	+0.0096%	1h	0.4548	−0.022%	$4.9M	$2.4M	10x	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	0.4546	−0.062%	$199K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4543	−0.129%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4549	+0.009%	$86.3M	$327.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4547	−0.044%	$64.8M	$89.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4544	−0.110%	$34.1M	$148.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4550	+0.022%	$7.1M	$36.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4549	0.000%	$44.0M	$53.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4543	−0.132%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4548	−0.022%	—	$67.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4540	−0.196%	$134K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4554	+0.102%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4565	+0.353%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4571	+0.481%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4557	+0.176%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4549	0.000%	$47K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4549	0.000%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4544	−0.110%	$171	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4538	−0.242%	$833K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4542	−0.154%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4541	−0.168%	$218K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4547	−0.043%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4548	−0.022%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4570	+0.455%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0186%	1h	0.4553	+0.081%	$49.9M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4539	−0.220%	$4.9M	$846K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4548	−0.024%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0482%	1h	0.4549	−0.006%	$880K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4552	+0.066%	$267K	$1.7M	50x	as long as short