Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h —

Price spread now: dYdX against Reya+0.313%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 dYdX

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. dYdX is 0.313% dearer against Reya than usual: you sell high and buy low (spread +0.313% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLDRUSDPERP	0.4625	0.0134	pay 0.0017% / 1h	47m 29s	—	—	20x
Short	dYdX WLD-USD	0.4639	0	get 0.0000% / 1h	47m 29s	$166K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.313%Rate

Funding earned: −$28.11
Price spread: +0.313% → 0.000%: $31.35
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$12.76
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; dYdX: live order book, 32 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 dYdX live order book, 32 min ago	91.21 bp	162.0 bp −$162	227.9 bp −$2,279	239.5 bp −$24.0K	613.9 bp −$307.0K

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	−0.0235%	8h	0.4635	+0.218%	$34K	$3.8M	1.7x	as long as short
dYdX WLD-USDshort	0.0000%	1h	0.4639	+0.313%	$166K	$13K	10x
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4636	+0.240%	$113K	$884K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4625	+0.006%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0012%	8h	0.4635	+0.218%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0018%	8h	0.4624	−0.019%	$7.0M	$10.9M	50x	as long as short
Nado WLD-PERP	+0.0071%	1h	0.4630	+0.110%	$279K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4638	+0.286%	$196K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4639	+0.297%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4629	+0.092%	$87.7M	$299.2M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4627	+0.045%	$66.3M	$82.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4626	+0.024%	$34.6M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4632	+0.154%	$7.5M	$35.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4626	+0.024%	$50.2M	$51.8M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4626	+0.024%	$30.5M	$25.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4633	+0.175%	—	$67.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4636	+0.238%	$131K	$270K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4627	+0.044%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4628	+0.078%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4637	+0.256%	$626K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4637	+0.262%	$56K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4629	+0.087%	$43K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4637	+0.262%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4635	+0.218%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4630	+0.110%	$874K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4634	+0.197%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4631	+0.135%	$237K	$859K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4637	+0.260%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4638	+0.277%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERPlong	+0.0134%	1h	0.4625	long leg	—	—	20x
BloFin WLD-USDT	+0.0220%	8h	0.4627	+0.045%	$4.9M	$828K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4631	+0.124%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0296%	1h	0.4634	+0.208%	$332	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.279%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4630	+0.110%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0651%	1h	0.4634	+0.190%	$50.5M	$42.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0709%	1h	0.4638	+0.282%	$924K	$2.6M	50x	as long as short
Lighter WLD	+0.1728%	1h	0.4649	+0.517%	$5.3M	$2.0M	10x	as long as short