Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h —

Price spread now: Reya against ApeX Omni−0.061%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Reya

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.061% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4566	0.0100	pay 0.0013% / 1h	44m 41s	$43K	$239K	50x
Short	Reya WLDRUSDPERP	0.4563	0.0134	get 0.0017% / 1h	44m 41s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against ApeX Omni. 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 ApeX OmnibpFee ReyabpOrdersPrice spread, now −0.061%Rate

Funding earned: $7.11
Price spread: −0.061% → 0.000%: −$6.13
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$15.02
Costs to cover: 0.160%
Break-even: 21.8 days

Slippage unknown: ApeX Omni: live order book, 12 min ago; Reya: 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 ApeX Omni live order book, 12 min ago	8.72 bp	16.3 bp −$16	101.2 bp −$1,012	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 KXWLDPERP	−0.0106%	8h	0.4564	−0.044%	$62K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0073%	1h	0.4566	0.000%	$242K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0035%	8h	0.4571	+0.110%	$7.0M	$11.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4568	+0.036%	$156K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4563	−0.066%	$115K	$924K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4564	−0.047%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.175%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0024%	1h	0.4568	+0.055%	$327	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0084%	8h	0.4562	−0.088%	$28K	$888K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4578	+0.254%	$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	0.4564	−0.044%	$189K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4571	+0.120%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4569	+0.074%	$86.6M	$327.1M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4573	+0.153%	$65.2M	$88.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4576	+0.219%	$34.2M	$149.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4562	−0.088%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4573	+0.153%	$44.4M	$53.8M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4565	−0.022%	$30.1M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4564	−0.044%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4563	−0.066%	$135K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4562	−0.095%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4564	−0.041%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4561	−0.109%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4566	long leg	$43K	$239K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4563	−0.066%	$51K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4571	+0.110%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4562	−0.088%	$172	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4570	+0.088%	$836K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4564	−0.044%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4563	−0.059%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4561	−0.110%	$31K	$600	3x	as long as short
Reya WLDRUSDPERPshort	+0.0134%	1h	0.4563	−0.061%	—	—	20x
Phoenix WLD	+0.0158%	1h	0.4569	+0.074%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0178%	1h	0.4570	+0.090%	$50.1M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4564	−0.044%	$4.9M	$845K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4563	−0.073%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0481%	1h	0.4564	−0.034%	$883K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4573	+0.153%	$268K	$1.7M	50x	as long as short