Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0235%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h —

Price spread now: Reya against Polymarket Perps+0.043%119s7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps 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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.043% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 119 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4449	−0.0101	get 0.0013% / 1h	48m 44s	$48K	$2.6M	10x
Short	Reya WLDRUSDPERP	0.4450	0.0134	get 0.0017% / 1h	48m 44s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Polymarket Perps. 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 Polymarket PerpsbpFee ReyabpOrdersPrice spread, now +0.043%Rate

Funding earned: $49.31
Price spread: +0.043% → 0.000%: $4.32
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $39.62
Costs to cover: 0.140%
Break-even: 1.4 days

Slippage unknown: Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago	7.09 bp	22.2 bp −$22	41.8 bp −$418	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
Deribit WLD_USDC-PERPETUAL	−0.0199%	1h	0.4456	+0.169%	$101K	$1.1M	25x	as long as short
Kraken Futures PF_WLDUSD	−0.0194%	1h	0.4459	+0.232%	$854K	$2.6M	50x	as long as short
Nado WLD-PERP	−0.0140%	1h	0.4456	+0.180%	$234K	$159K	5x	as long as short
Bybit WLDUSDT	−0.0134%	8h	0.4455	+0.146%	$63.7M	$84.9M	50x	as long as short
Polymarket Perps WLD-USDlong	−0.0101%	1h	0.4449	long leg	$48K	$2.6M	10x
Gate WLD_USDT	−0.0093%	8h	0.4454	+0.124%	$7.0M	$31.1M	75x	as long as short
01 Exchange WLDUSD	−0.0072%	1h	0.4460	+0.256%	$319	$55	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4456	+0.169%	$69K	$4.2M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4475	+0.595%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.641%	$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	+0.0009%	1h	0.4460	+0.255%	$152K	$31K	10x	as long as short
Phoenix WLD	+0.0053%	1h	0.4456	+0.180%	$4K	$40K	10x	as long as short
KuCoin WLDUSDTM	+0.0060%	8h	0.4455	+0.146%	$6.6M	$10.4M	50x	as long as short
Variational Omni WLD	+0.0080%	8h	0.4450	+0.042%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0088%	8h	0.4454	+0.124%	$27K	$334K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4462	+0.306%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4460	+0.259%	$49.3M	$28.9M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4459	+0.230%	$209K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4459	+0.236%	$58K	$501K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4458	+0.214%	$84.7M	$312.8M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4456	+0.169%	$33.8M	$141.0M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4458	+0.214%	$41.7M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4455	+0.146%	$29.3M	$28.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4460	+0.259%	—	$55.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4458	+0.220%	$129K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4454	+0.129%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4471	+0.506%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4455	+0.146%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4460	+0.259%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4456	+0.169%	$231	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4455	+0.146%	$817K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4460	+0.259%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4454	+0.113%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4457	+0.190%	$30K	$500	3x	as long as short
Reya WLDRUSDPERPshort	+0.0134%	1h	0.4450	+0.043%	—	—	20x
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4463	+0.327%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4453	+0.101%	$4.8M	$912K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4459	+0.236%	$271K	$967K	50x	as long as short