Funding arb · Price arb /

WMT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%

Price spread now: Injective against Aster−0.474%67s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Injective is 0.474% cheaper against Aster than usual: you would sell low and buy high (spread −0.474% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 47 days of funding at the current rate (+$1 a day). The two prices were read 67 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	Aster WMTUSDT	107.33	0	get 0.0000% / 8h	4h 50m	$4K	$71	20x
Short	Injective WMT/USDC PERP	106.82	0.0033	get 0.0004% / 1h	50m 10s	$3K	$26K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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 AsterbpFee InjectivebpOrdersPrice spread, now −0.474%Rate

Funding earned: $7
Price spread: −0.474% → 0.000%: −$47.4
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$48.42
Costs to cover: 0.080%
Break-even: 55.4 days

Slippage unknown: Aster: no order-book sample; Injective: 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 Aster no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Aster and Injective: 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.

WMT on 15 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
Aster WMTUSDTlong	0.0000%	8h	107.33	long leg	$4K	$71	20x
Bybit WMTUSDT	0.0000%	8h	107.52	+0.178%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.49	+0.150%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.34	+0.010%	$813K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.41	+0.076%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.43	+0.095%	$559	$127K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.85	+0.486%	$5K	$352K	20x	as long as short
QFEX WMT-USD	+0.0010%	1h	107.41	+0.076%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERPshort	+0.0033%	1h	106.82	−0.474%	$3K	$26K	12x
Variational Omni WMT	+0.0081%	8h	107.41	+0.072%	$60K	$76K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WMTUSDTM	+0.0100%	8h	107.44	+0.104%	$33K	$685K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.41	+0.076%	$1K	$2.9M	10x	as long as short
Extended WMT-USD	+0.0216%	1h	107.40	+0.067%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0217%	8h	107.43	+0.096%	$1.6M	$1.0M	20x	as long as short
edgeX WMTUSDC	+0.0459%	4h	107.41	+0.071%	$15K	$255K	10x	as long as short