Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h —

Price spread now: Reya against KuCoin−0.058%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 0.058% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLDUSDTM	0.4456	0.0052	pay 0.0052% / 8h	5h 44m	$6.6M	$10.4M	50x
Short	Reya WLDRUSDPERP	0.4453	0.0134	get 0.0017% / 1h	44m 51s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against KuCoin. 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 KuCoinbpFee ReyabpOrdersPrice spread, now −0.058%Rate

Funding earned: $17.19
Price spread: −0.058% → 0.000%: −$5.81
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$6.63
Costs to cover: 0.180%
Break-even: 9.7 days

Slippage unknown: KuCoin: 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 KuCoin live order book, 2 min ago	2.24 bp	15.2 bp −$15	39.8 bp −$398	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 exchanges

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
Polymarket Perps WLD-USD	−0.0226%	1h	0.4454	−0.049%	$46K	$2.6M	10x	as long as short
Deribit WLD_USDC-PERPETUAL	−0.0198%	1h	0.4458	+0.045%	$101K	$1.1M	25x	as long as short
Kraken Futures PF_WLDUSD	−0.0194%	1h	0.4459	+0.071%	$855K	$2.6M	50x	as long as short
Bybit WLDUSDT	−0.0153%	8h	0.4454	−0.045%	$63.7M	$84.8M	50x	as long as short
Nado WLD-PERP	−0.0147%	1h	0.4452	−0.079%	$234K	$159K	5x	as long as short
Gate WLD_USDT	−0.0106%	8h	0.4455	−0.022%	$7.0M	$31.3M	75x	as long as short
01 Exchange WLDUSD	−0.0056%	1h	0.4460	+0.079%	$319	$55	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4456	0.000%	$67K	$4.2M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4459	+0.058%	$64K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.471%	$6K	$185K	5.5x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	+0.0007%	1h	0.4459	+0.071%	$152K	$31K	10x	as long as short
KuCoin WLDUSDTMlong	+0.0052%	8h	0.4456	long leg	$6.6M	$10.4M	50x
Phoenix WLD	+0.0053%	1h	0.4456	+0.011%	$4K	$40K	10x	as long as short
Variational Omni WLD	+0.0067%	8h	0.4458	+0.053%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0088%	8h	0.4456	0.000%	$27K	$332K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4461	+0.117%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4461	+0.114%	$49.5M	$29.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4459	+0.057%	$209K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4456	0.000%	$58K	$501K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4455	−0.031%	$84.6M	$313.3M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4454	−0.045%	$33.9M	$140.9M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4455	−0.022%	$41.7M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4452	−0.090%	$29.3M	$28.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4454	−0.045%	—	$55.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4458	+0.054%	$129K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4462	+0.132%	$27K	$323K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4463	+0.160%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4464	+0.180%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4460	+0.090%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4457	+0.022%	$233	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4456	0.000%	$818K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4460	+0.090%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4453	−0.066%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4459	+0.064%	$30K	$500	3x	as long as short
Reya WLDRUSDPERPshort	+0.0134%	1h	0.4453	−0.058%	—	—	20x
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4459	+0.071%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4456	0.000%	$4.7M	$906K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4461	+0.112%	$271K	$967K	50x	as long as short