Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0323%/8h= +35.4% APRnext payment +$0.40 per $10,000 · paid last 24h —

Price spread now: Kraken Futures against Reya+0.033%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 Kraken Futures

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

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against Reya than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLDRUSDPERP	0.4521	0.0134	pay 0.0017% / 1h	8m 47s	—	—	20x
Short	Kraken Futures PF_WLDUSD	0.4522	0.0457	get 0.0057% / 1h	8m 47s	$867K	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.033%Rate

Funding earned: $67.81
Price spread: +0.033% → 0.000%: $3.31
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $55.12
Costs to cover: 0.160%
Break-even: 1.3 days

Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago	6.63 bp	11.6 bp −$12	21.7 bp −$217	988.9 bp −$98.9K	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
Injective WLD/USDC PERP	−0.0309%	1h	0.4508	−0.286%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0006%	1h	0.4520	−0.009%	$235K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4521	0.000%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4519	−0.042%	$51K	$4.6M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4520	−0.018%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4520	−0.020%	$27K	$660K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4520	−0.014%	$229K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4520	−0.014%	$54K	$543K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4520	−0.014%	$86.7M	$333.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4519	−0.042%	$63.9M	$89.4M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4520	−0.020%	$34.2M	$151.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4519	−0.042%	$7.0M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4521	+0.002%	$41.8M	$57.1M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4519	−0.042%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4519	−0.042%	$29.9M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4521	+0.002%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4521	+0.002%	$132K	$297K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4505	−0.353%	$2.0M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4511	−0.218%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4512	−0.198%	$594K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4509	−0.263%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4524	+0.059%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4527	+0.135%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4520	−0.020%	$221	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4520	−0.020%	$827K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4519	−0.042%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4519	−0.032%	$208K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4521	−0.001%	$31K	$500	3x	as long as short
Reya WLDRUSDPERPlong	+0.0134%	1h	0.4521	long leg	—	—	20x
Phoenix WLD	+0.0177%	1h	0.4521	+0.004%	$4K	$43K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0193%	1h	0.4521	+0.002%	$136K	$986K	25x	as long as short
01 Exchange WLDUSD	+0.0216%	1h	0.4523	+0.048%	$324	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4521	+0.008%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4522	+0.024%	$4.8M	$899K	75x	as long as short
Lighter WLD	+0.0224%	1h	0.4526	+0.101%	$4.9M	$2.9M	10x	as long as short
Hyperliquid WLD	+0.0402%	1h	0.4525	+0.082%	$50.3M	$43.0M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4526	+0.113%	$269K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSDshort	+0.0457%	1h	0.4522	+0.033%	$867K	$2.8M	50x