Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h —

Price spread now: Reya against Binance−0.033%7-day average — · you buy dearer than you sell

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

Long on Binance 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 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLDUSDT	0.4541	0.0100	pay 0.0100% / 8h	3h 21m	$86.6M	$330.8M	75x
Short	Reya WLDRUSDPERP	0.4540	0.0134	get 0.0017% / 1h	21m 32s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Binance. 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 BinancebpFee ReyabpOrdersPrice spread, now −0.033%Rate

Funding earned: $7.11
Price spread: −0.033% → 0.000%: −$3.31
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$12.21
Costs to cover: 0.160%
Break-even: 19.0 days

Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago	1.10 bp	6.3 bp −$6	15.5 bp −$155	61.3 bp −$6,131	235.1 bp −$117.6K
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 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	−0.0026%	1h	0.4542	+0.028%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4544	+0.054%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4520	−0.467%	$86K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4528	−0.295%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0028%	8h	0.4538	−0.071%	$6.9M	$11.7M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4539	−0.039%	$208K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4542	+0.025%	$49K	$524K	5x	as long as short
Binance WLDUSDTlong	+0.0100%	8h	0.4541	long leg	$86.6M	$330.8M	75x
Bybit WLDUSDT	+0.0100%	8h	0.4541	−0.005%	$64.6M	$90.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4541	−0.005%	$34.3M	$151.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLD_USDT	+0.0100%	8h	0.4541	−0.005%	$7.3M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4542	+0.017%	$40.2M	$55.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4543	+0.039%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4542	+0.017%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4527	−0.304%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4546	+0.098%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4532	−0.205%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4542	+0.025%	$601K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	−0.181%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4541	−0.009%	$39K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4527	−0.313%	$28K	$868K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4532	−0.203%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4527	−0.313%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4518	−0.511%	$826K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4527	−0.313%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4540	−0.021%	$214K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4526	−0.329%	$31K	$600	3x	as long as short
Reya WLDRUSDPERPshort	+0.0134%	1h	0.4540	−0.033%	—	—	20x
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.766%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4526	−0.335%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0192%	1h	0.4529	−0.269%	$123K	$973K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4534	−0.159%	$4.9M	$888K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4527	−0.319%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0288%	1h	0.4546	+0.094%	$325	$55	5x	as long as short
Hyperliquid WLD	+0.0369%	1h	0.4547	+0.125%	$49.9M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0524%	1h	0.4530	−0.252%	$880K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4536	−0.115%	$265K	$1.6M	50x	as long as short
Lighter WLD	+0.0832%	1h	0.4549	+0.167%	$5.2M	$2.6M	10x	as long as short