Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h —

Price spread now: Reya against BloFin−0.536%46s7-day average — · you buy dearer than you sell

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

Long on BloFin 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 0.536% cheaper against BloFin than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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	BloFin WLD-USDT	0.4732	0.0220	pay 0.0220% / 8h	7h 06m	$5.1M	$880K	75x
Short	Reya WLDRUSDPERP	0.4707	0.0134	get 0.0017% / 1h	6m 13s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against BloFin. 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 BloFinbpFee ReyabpOrdersPrice spread, now −0.536%Rate

Funding earned: −$18.09
Price spread: −0.536% → 0.000%: −$53.62
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$89.71
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 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 BloFin live order book, 2 min ago	6.35 bp	12.3 bp −$12	19.2 bp −$192	39.4 bp −$3,942	129.8 bp −$64.9K
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	−0.0162%	8h	0.4723	−0.190%	$30K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0022%	1h	0.4706	−0.560%	$273K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0019%	8h	0.4711	−0.444%	$7.0M	$11.2M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4724	−0.177%	$169K	$12K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4708	−0.507%	$146K	$883K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4708	−0.508%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	+0.254%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0050%	8h	0.4706	−0.549%	$29K	$900K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4714	−0.378%	$207K	$995K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4724	−0.161%	$56K	$485K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4716	−0.329%	$90.1M	$311.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4716	−0.338%	$68.4M	$83.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4714	−0.380%	$35.7M	$150.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4705	−0.571%	$7.5M	$36.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4716	−0.338%	$49.4M	$55.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4716	−0.338%	$31.6M	$27.4M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4707	−0.528%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4737	+0.104%	$140K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4705	−0.578%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4721	−0.234%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4728	−0.076%	$624K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4723	−0.190%	$57K	$232K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4710	−0.467%	$46K	$1.8M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4711	−0.444%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4717	−0.317%	$223	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4712	−0.423%	$894K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4717	−0.317%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4704	−0.585%	$218K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4713	−0.396%	$32K	$600	3x	as long as short
Reya WLDRUSDPERPshort	+0.0134%	1h	0.4707	−0.536%	—	—	20x
Phoenix WLD	+0.0157%	1h	0.4726	−0.127%	$5K	$53K	10x	as long as short
BloFin WLD-USDTlong	+0.0220%	8h	0.4732	long leg	$5.1M	$880K	75x
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4706	−0.543%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4710	−0.461%	$337	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0319%	1h	0.4722	−0.210%	$941K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4722	−0.211%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0873%	1h	0.4716	−0.336%	$52.9M	$44.0M	10x	as long as short
Lighter WLD	+0.0984%	1h	0.4729	−0.059%	$5.3M	$2.0M	10x	as long as short