Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h —

Price spread now: ApeX Omni against Reya+0.168%7-day average — · you sell dearer than you buy

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

Long on Reya Short on ApeX Omni

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

The price spread pays, funding is against you. ApeX Omni is 0.168% dearer against Reya than usual: you sell high and buy low (spread +0.168% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLDRUSDPERP	0.4604	0.0134	pay 0.0017% / 1h	51m 08s	—	—	20x
Short	ApeX Omni WLDUSDT	0.4612	0.0100	get 0.0013% / 1h	51m 08s	$44K	$237K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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 ReyabpFee ApeX OmnibpOrdersPrice spread, now +0.168%Rate

Funding earned: −$7.11
Price spread: +0.168% → 0.000%: $16.83
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$6.28
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 65 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 65 min ago	8.72 bp	19.9 bp −$20	124.9 bp −$1,249	doesn't fit	doesn't fit

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
Nado WLD-PERP	−0.0040%	1h	0.4606	+0.027%	$244K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4611	+0.151%	$157K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4607	+0.060%	$43K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4604	−0.005%	$125K	$959K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4605	+0.011%	$67K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0020%	8h	0.4600	−0.092%	$6.9M	$11.7M	50x	as long as short
Polymarket Perps WLD-USD	+0.0075%	1h	0.4604	−0.014%	$40K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4604	−0.005%	$28K	$884K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4612	+0.171%	$214K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4611	+0.147%	$49K	$525K	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	0.4600	−0.092%	$87.3M	$329.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4600	−0.092%	$65.6M	$89.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4600	−0.092%	$34.7M	$151.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4603	−0.027%	$7.4M	$36.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4600	−0.092%	$43.6M	$54.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4601	−0.071%	$30.5M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4604	−0.005%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4615	+0.227%	$138K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4560	−0.968%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4604	−0.001%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4614	+0.204%	$607K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTshort	+0.0100%	1h	0.4612	+0.168%	$44K	$237K	50x
SunX WLD-USDT	+0.0100%	8h	0.4612	+0.168%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4601	−0.071%	$206	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4600	−0.092%	$841K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4602	−0.049%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4601	−0.067%	$221K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4606	+0.036%	$31K	$600	3x	as long as short
Reya WLDRUSDPERPlong	+0.0134%	1h	0.4604	long leg	—	—	20x
Injective WLD/USDC PERP	+0.0142%	1h	0.4564	−0.874%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4597	−0.149%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4600	−0.092%	$4.8M	$835K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4604	+0.005%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0312%	1h	0.4609	+0.103%	$330	$80	5x	as long as short
Hyperliquid WLD	+0.0501%	1h	0.4613	+0.186%	$50.7M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0516%	1h	0.4599	−0.122%	$887K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4609	+0.103%	$271K	$1.7M	50x	as long as short
Lighter WLD	+0.0808%	1h	0.4609	+0.110%	$5.2M	$2.6M	10x	as long as short