Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.4% APRnext payment −$0.16 per $10,000 · paid last 24h —

Price spread now: gTrade (Gains Network) against Reya+0.035%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 gTrade (Gains Network)

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. gTrade (Gains Network) is 0.035% dearer against Reya than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 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	36m 48s	—	—	20x
Short	gTrade (Gains Network) WLD/USD	0.4542	L +0.0003% / S −0.0003%	get 0.0000% / 1h	36m 48s	$65K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.035%Rate

Funding earned: −$27.53
Price spread: +0.035% → 0.000%: $3.52
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$40.01
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): 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 Reya no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Reya and gTrade (Gains Network): 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	−0.0105%	8h	0.4539	−0.028%	$57K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0054%	1h	0.4538	−0.050%	$240K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0030%	8h	0.4540	−0.006%	$6.9M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4543	+0.062%	$155K	$33K	10x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4542	+0.035%	$65K	—	150x
Injective WLD/USDC PERP	+0.0014%	1h	0.4544	+0.082%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4543	+0.067%	$325	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0087%	8h	0.4543	+0.060%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4548	+0.162%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4545	+0.103%	$208K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4544	+0.073%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4543	+0.065%	$86.2M	$327.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4539	−0.028%	$64.6M	$89.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4538	−0.050%	$34.1M	$148.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4546	+0.126%	$7.1M	$36.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4541	+0.016%	$43.7M	$54.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4542	+0.038%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4544	+0.082%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4544	+0.085%	$135K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4554	+0.295%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4548	+0.166%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4571	+0.674%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4548	+0.170%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4541	+0.012%	$47K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4549	+0.192%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4548	+0.170%	$173	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4533	−0.160%	$830K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4548	+0.170%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4543	+0.057%	$218K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4546	+0.131%	$31K	$600	3x	as long as short
Reya WLDRUSDPERPlong	+0.0134%	1h	0.4540	long leg	—	—	20x
Phoenix WLD	+0.0158%	1h	0.4570	+0.648%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4545	+0.104%	$117K	$927K	25x	as long as short
Hyperliquid WLD	+0.0195%	1h	0.4549	+0.192%	$50.0M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4543	+0.060%	$4.9M	$846K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4543	+0.063%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0482%	1h	0.4552	+0.251%	$880K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4552	+0.259%	$267K	$1.7M	50x	as long as short