Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h —

Price spread now: Polymarket Perps against Reya+0.022%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 Polymarket Perps

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. Polymarket Perps is 0.022% dearer against Reya than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLDRUSDPERP	0.4540	0.0134	pay 0.0017% / 1h	16m 49s	—	—	20x
Short	Polymarket Perps WLD-USD	0.4541	0.0069	get 0.0009% / 1h	16m 49s	$40K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$13.64
Price spread: +0.022% → 0.000%: $2.24
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$25.4
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago	2.65 bp	6.6 bp −$7	7.0 bp −$70	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	−0.0054%	1h	0.4545	+0.104%	$244K	$207K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4540	−0.004%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4539	−0.028%	$53K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4542	+0.036%	$66K	—	150x	as long as short
01 Exchange WLDUSD	+0.0048%	1h	0.4545	+0.099%	$325	$55	5x	as long as short
KuCoin WLDUSDTM	+0.0052%	8h	0.4538	−0.050%	$6.7M	$11.9M	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0069%	1h	0.4541	+0.022%	$40K	$2.4M	10x
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4542	+0.038%	$28K	$796K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4539	−0.020%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4545	+0.099%	$51K	$539K	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	0.4542	+0.037%	$86.5M	$338.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4541	+0.016%	$64.7M	$91.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4543	+0.060%	$34.3M	$154.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4540	−0.006%	$7.2M	$37.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4540	−0.006%	$39.3M	$56.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4543	+0.060%	$30.0M	$31.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4540	−0.006%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4543	+0.066%	$135K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4510	−0.673%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4512	−0.623%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4535	−0.117%	$605K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4536	−0.094%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4548	+0.170%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4542	+0.038%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4540	−0.006%	$831K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4541	+0.016%	$1.8M	$3.7M	50x	as long as short
Lighter WLD	+0.0104%	1h	0.4546	+0.132%	$4.9M	$2.9M	10x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4539	−0.038%	$222K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4540	0.000%	$31K	$600	3x	as long as short
Reya WLDRUSDPERPlong	+0.0134%	1h	0.4540	long leg	—	—	20x
Phoenix WLD	+0.0142%	1h	0.4534	−0.143%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4513	−0.601%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4543	+0.060%	$145K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4541	+0.005%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4545	+0.104%	$4.8M	$923K	75x	as long as short
Hyperliquid WLD	+0.0278%	1h	0.4549	+0.196%	$49.3M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0499%	1h	0.4545	+0.104%	$865K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4548	+0.170%	$277K	$1.7M	50x	as long as short