Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h —

Price spread now: Kalshi against Reya+0.047%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 Kalshi

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. Kalshi is 0.047% dearer against Reya than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLDRUSDPERP	0.4459	0.0134	pay 0.0017% / 1h	45m 29s	—	—	20x
Short	Kalshi KXWLDPERP	0.4461	0	get 0.0000% / 8h	1h 45m	$67K	$4.2M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi 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 KalshibpOrdersPrice spread, now +0.047%Rate

Funding earned: −$28.11
Price spread: +0.047% → 0.000%: $4.72
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$39.39
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Kalshi: live order book, 1 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 Kalshi live order book, 1 min ago	7.84 bp	12.8 bp −$13	23.4 bp −$234	doesn't fit	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 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
Polymarket Perps WLD-USD	−0.0226%	1h	0.4454	−0.114%	$46K	$2.6M	10x	as long as short
Deribit WLD_USDC-PERPETUAL	−0.0198%	1h	0.4462	+0.070%	$101K	$1.1M	25x	as long as short
Kraken Futures PF_WLDUSD	−0.0193%	1h	0.4463	+0.090%	$857K	$2.6M	50x	as long as short
Bybit WLDUSDT	−0.0153%	8h	0.4456	−0.065%	$63.7M	$84.9M	50x	as long as short
Nado WLD-PERP	−0.0147%	1h	0.4452	−0.143%	$234K	$159K	5x	as long as short
Gate WLD_USDT	−0.0106%	8h	0.4456	−0.065%	$7.0M	$31.2M	75x	as long as short
01 Exchange WLDUSD	−0.0056%	1h	0.4460	+0.014%	$319	$55	5x	as long as short
Kalshi KXWLDPERPshort	0.0000%	8h	0.4461	+0.047%	$67K	$4.2M	1.7x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4458	−0.031%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.406%	$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	+0.0007%	1h	0.4459	+0.006%	$152K	$31K	10x	as long as short
KuCoin WLDUSDTM	+0.0052%	8h	0.4456	−0.065%	$6.6M	$10.4M	50x	as long as short
Phoenix WLD	+0.0053%	1h	0.4456	−0.054%	$4K	$40K	10x	as long as short
Variational Omni WLD	+0.0067%	8h	0.4458	−0.012%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0088%	8h	0.4456	−0.065%	$27K	$332K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4461	+0.036%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4462	+0.079%	$49.5M	$29.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4460	+0.036%	$210K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4456	−0.065%	$58K	$501K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4458	−0.020%	$84.7M	$313.2M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4457	−0.043%	$33.9M	$140.9M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4457	−0.043%	$41.7M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4455	−0.087%	$29.3M	$28.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4457	−0.043%	—	$55.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4461	+0.052%	$129K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4462	+0.067%	$27K	$323K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4463	+0.095%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4464	+0.114%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4467	+0.182%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4461	+0.047%	$231	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4456	−0.065%	$818K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4463	+0.092%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4450	−0.199%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4459	−0.001%	$30K	$500	3x	as long as short
Reya WLDRUSDPERPlong	+0.0134%	1h	0.4459	long leg	—	—	20x
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4459	+0.006%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4461	+0.047%	$4.8M	$907K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4466	+0.159%	$272K	$969K	50x	as long as short