Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: gTrade (Gains Network) against Reya+0.039%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 0.039% dearer against Reya than usual: you sell high and buy low (spread +0.039% 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 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLDRUSDPERP	0.4590	0.0134	pay 0.0017% / 1h	39m 29s	—	—	20x
Short	gTrade (Gains Network) WLD/USD	0.4592	L +0.0003% / S −0.0003%	get 0.0000% / 1h	39m 29s	$57K	—	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 +0.039%Rate

Funding earned: −$27.54
Price spread: +0.039% → 0.000%: $3.94
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: −$39.6
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	−0.0226%	8h	0.4600	+0.208%	$48K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4597	+0.141%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4596	+0.121%	$112K	$883K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4592	+0.039%	$57K	—	150x
KuCoin WLDUSDTM	+0.0018%	8h	0.4590	−0.010%	$7.0M	$10.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0020%	8h	0.4592	+0.034%	$28K	$909K	10x	as long as short
Nado WLD-PERP	+0.0066%	1h	0.4595	+0.088%	$277K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4595	+0.093%	$190K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4596	+0.124%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4593	+0.056%	$87.0M	$300.4M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4591	+0.012%	$65.7M	$82.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4591	+0.012%	$34.3M	$142.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4592	+0.034%	$7.5M	$35.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4594	+0.077%	$46.3M	$52.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4591	+0.012%	$30.3M	$25.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4593	+0.056%	—	$67.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4595	+0.106%	$129K	$270K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4603	+0.272%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4602	+0.248%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4604	+0.303%	$621K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4606	+0.339%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4595	+0.103%	$44K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4599	+0.186%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4594	+0.077%	$211	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4593	+0.056%	$855K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4595	+0.099%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4591	+0.005%	$234K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4596	+0.110%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4602	+0.252%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERPlong	+0.0134%	1h	0.4590	long leg	—	—	20x
BloFin WLD-USDT	+0.0220%	8h	0.4599	+0.186%	$4.9M	$826K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4592	+0.042%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0296%	1h	0.4597	+0.145%	$329	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	+0.469%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4601	+0.230%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0602%	1h	0.4598	+0.164%	$49.9M	$42.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0715%	1h	0.4596	+0.129%	$914K	$2.6M	50x	as long as short
Lighter WLD	+0.1584%	1h	0.4607	+0.361%	$5.2M	$2.0M	10x	as long as short