New patch - 18-April-2014

[Yelsha]

Old Arena Rewards:
Rank 1: 5000k coin 2000k credit 5000 rep
Rank 2: 3000k coin 1200k credit 3600 rep
Rank 3: 2000k coin 800k credit 2400 rep
Rank 4: 1500k coin 600k credit 1800 rep
Rank 5: 1000k coin 400k credit 1200 rep
Rank 6-10: 800k coin 300k credit 800 rep

New UA Rewards (Servers 11+)
Rank 1: 10000k coins 5000k credits 10000 rep
Rank 2: 8000k coins 4000k credits 8000 rep
Rank 3: 7000k coins 3500k credits 7000 rep
Rank 4: 6000k coins 2500k credits 6000 rep
Rank 5: 5000k coins 2500k credits 5000 rep
Rank 6: 4600k coins 2300k credits 4600 rep
Rank 7: 4200k coins 2100k credits 4200 rep
Rank 8: 3800k coins 1900k credits 3800 rep
Rank 9: 3400k coins 1700k credits 3400 rep
Rank 10: 3000k coins 1500k credits 3000 rep
Rank 15: 2500k coins 1250k credits 2500 rep
Rank 20: 2000k coins 1000k credits 2000 rep
Rank 25: 1500 coins 750k credits 1500 rep
Rank 30: 1000k coins 500k credits 1000 rep

Finally, a list of equivalences between the two systems, using former Arena Ranks as the starting point (Note although coin rewards are same, UA gives a little more credits at each equivalence than the former system):
Rank 1 Old Arena ~ Rank 5 Ultimate Arena
Rank 2 Old Arena ~ Rank 10 Ultimate Arena
Rank 3 Old Arena ~ Rank 20 Ultimate Arena
Rank 4 Old Arena ~ Rank 25 Ultimate Arena
Rank 5 Old Arena ~ Rank 30 Ultimate Arena
Rank 6-10 Old Arena < Rank 30 Ultimate Arena

Finally note that players ranked 11-50 in the arena are still ranked 11-50 in the arena and do not get access to the ultimate arena, in which case the rewards are the same as before.

Although the new system seems to discourage multiple realms at first look, it actually does encourage players to spread out between the realms more equally. Why? Because if you cannot maintain the top 10 in your realm, you have greater incentives to spread to other realms now, that even ranks 20-30 in UA give much more rewards than ranks 6-10 did before. The ultimate conclusion is that in almost all servers, regardless of realm balance, daily reward arenas have been increased for the vast majority of players.

Well all asked for better arena rewards, and well, we got it!
Also MattP and Herby asked for a second arena where all players can duke it out and we got that too, sorta...