Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.012%

Price spread now: QFEX against Aster+0.096%7-day average — · you sell dearer than you buy

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

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.096% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WMTUSDT	107.44	0	get 0.0000% / 8h	6h 25m	$4K	$71	20x
Short	QFEX WMT-USD	107.54	0.0019	get 0.0002% / 1h	25m 50s	$1.1M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.096%Rate

Funding earned: $4.05
Price spread: +0.096% → 0.000%: $9.56
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$4.4
Costs to cover: 0.180%
Break-even: 14.6 days

Slippage unknown: Aster: no order-book sample; QFEX: live order book, 2 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 Aster no order-book sample	—	—	—	—	—
Sell QFEX live order book, 2 min ago	76.73 bp	82.0 bp −$82	91.0 bp −$910	doesn't fit	doesn't fit

Aster: 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	107.44	long leg	$4K	$71	20x
Bybit WMTUSDT	0.0000%	8h	107.58	+0.133%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.59	+0.142%	$82K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.48	+0.040%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.50	+0.058%	$540K	$94K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.52	+0.080%	$286	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.85	+0.384%	$6K	$350K	20x	as long as short
QFEX WMT-USDshort	+0.0019%	1h	107.54	+0.096%	$1.1M	$2.7M	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.575%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.49	+0.049%	$33K	$753K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX WMT-USDT	+0.0100%	8h	107.53	+0.086%	$1K	$2.9M	10x	as long as short
edgeX WMTUSDC	+0.0295%	4h	107.52	+0.074%	$15K	$254K	10x	as long as short
Variational Omni WMT	+0.0385%	8h	107.52	+0.079%	$61K	$77K	—	as long as short
Binance WMTUSDT	+0.0559%	8h	107.53	+0.087%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0560%	1h	107.50	+0.063%	$23K	$115K	10x	as long as short