Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0290%/8h= +31.7% APRpaid last 24h —

Price spread now: Reya against Kalshi−0.026%7-day average — · you buy dearer than you sell

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

Long on Kalshi 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 0.026% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXWLDPERP	0.4672	−0.0156	get 0.0156% / 8h	2h 43m	$28K	$4.2M	1.7x
Short	Reya WLDRUSDPERP	0.4671	0.0134	get 0.0017% / 1h	43m 56s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.026%Rate

Funding earned: $60.84
Price spread: −0.026% → 0.000%: −$2.59
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $42.25
Costs to cover: 0.160%
Break-even: 2.1 days

Slippage unknown: Kalshi: live order book, 5 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 Kalshi live order book, 5 min ago	6.38 bp	11.4 bp −$11	18.5 bp −$185	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
Injective WLD/USDC PERP	−0.0235%	1h	0.4675	+0.064%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERPlong	−0.0156%	8h	0.4672	long leg	$28K	$4.2M	1.7x
KuCoin WLDUSDTM	−0.0038%	8h	0.4671	−0.021%	$7.0M	$11.4M	50x	as long as short
Nado WLD-PERP	−0.0001%	1h	0.4673	+0.027%	$271K	$178K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4665	−0.148%	$159K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4675	+0.064%	$131K	$909K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4673	+0.019%	$67K	—	150x	as long as short
ApeX Omni WLDUSDT	+0.0029%	1h	0.4699	+0.578%	$51K	$241K	50x	as long as short
Orderly PERP_WLD_USDC	+0.0054%	8h	0.4674	+0.043%	$28K	$898K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4686	+0.298%	$5K	$54K	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	0.4676	+0.086%	$179K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4667	−0.105%	$56K	$493K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4688	+0.345%	$89.5M	$320.1M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4688	+0.342%	$67.3M	$86.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4691	+0.407%	$35.5M	$152.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4675	+0.064%	$7.4M	$36.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4676	+0.086%	$47.8M	$54.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4686	+0.300%	$31.3M	$28.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4680	+0.171%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4683	+0.233%	$140K	$288K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4677	+0.102%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4700	+0.590%	$28K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4719	+1.006%	$625K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4679	+0.150%	$85K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4679	+0.150%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4675	+0.064%	$226	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4673	+0.021%	$885K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4676	+0.086%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4685	+0.285%	$215K	$889K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4677	+0.098%	$32K	$600	3x	as long as short
Reya WLDRUSDPERPshort	+0.0134%	1h	0.4671	−0.026%	—	—	20x
BloFin WLD-USDT	+0.0220%	8h	0.4719	+1.006%	$5.0M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4669	−0.062%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0312%	1h	0.4680	+0.180%	$335	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4686	+0.300%	$277K	$1.7M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0640%	1h	0.4679	+0.140%	$928K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0712%	1h	0.4681	+0.201%	$52.3M	$44.5M	10x	as long as short
Lighter WLD	+0.0912%	1h	0.4687	+0.310%	$5.3M	$2.1M	10x	as long as short