Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h —

Price spread now: Reya against gTrade (Gains Network)−0.060%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)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 0.060% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 37 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WLD/USD	0.4575	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	23m 33s	$57K	—	150x
Short	Reya WLDRUSDPERP	0.4572	0.0134	get 0.0017% / 1h	23m 33s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ReyabpOrdersPrice spread, now −0.060%Rate

Funding earned: $27.43
Price spread: −0.060% → 0.000%: −$6.02
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $5.41
Costs to cover: 0.160%
Break-even: 5.6 days

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

gTrade (Gains Network) and 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
Kalshi KXWLDPERP	−0.0324%	8h	0.4586	+0.237%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4623	+1.045%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4576	+0.028%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4581	+0.127%	$108K	$900K	25x	as long as short
Orderly PERP_WLD_USDC	0.0000%	8h	0.4581	+0.127%	$28K	$913K	10x	as long as short
KuCoin WLDUSDTM	+0.0002%	8h	0.4574	−0.026%	$7.0M	$10.8M	50x	as long as short
gTrade (Gains Network) WLD/USDlong	L +0.0003% / S −0.0003%	1h	0.4575	long leg	$57K	—	150x
Nado WLD-PERP	+0.0055%	1h	0.4576	+0.007%	$276K	$169K	5x	as long as short
Variational Omni WLD	+0.0074%	8h	0.4588	+0.279%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4580	+0.098%	$201K	$986K	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	0.4577	+0.049%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4576	+0.018%	$86.5M	$297.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4576	+0.018%	$65.5M	$82.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4574	−0.026%	$34.2M	$141.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4576	+0.018%	$7.4M	$35.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4575	−0.004%	$48.9M	$51.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4575	−0.004%	$30.2M	$25.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4576	+0.018%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4582	+0.141%	$127K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4585	+0.207%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4592	+0.364%	$617K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	+0.280%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4576	+0.016%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4587	+0.259%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4582	+0.149%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4592	+0.368%	$867K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4578	+0.062%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4574	−0.023%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4582	+0.149%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4587	+0.263%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERPshort	+0.0134%	1h	0.4572	−0.060%	—	—	20x
Kraken Futures PF_WLDUSD	+0.0186%	1h	0.4585	+0.222%	$908K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4591	+0.346%	$4.9M	$816K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4580	+0.108%	$328	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4583	+0.174%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4592	+0.368%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0796%	1h	0.4580	+0.112%	$49.8M	$43.1M	10x	as long as short
Lighter WLD	+0.0944%	1h	0.4588	+0.291%	$5.2M	$2.1M	10x	as long as short