Funding you earn now, next payment 12:00 UTC+0.0397%/8h= +43.4% APRpaid last 24h −0.002%
Price spread now: edgeX against Binance−0.041%80s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.041%, 7d avg −0.004%
=Together, before fees+0.170%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.004%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.154%, so the current rate has only just turned in your favour. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WMTUSDT | 108.04 | 0 | get 0.0000% / 8h | 7h 48m | $1.6M | $1.1M | 20x |
| Short | edgeX WMTUSDC | 108.00 | 0.0397 | get 0.0198% / 4h | 3h 48m | $15K | $255K | 10x |
Binance WMTUSDT
edgeX WMTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $83.3
- Price spread: −0.041% → −0.004%
- −$3.67
- Slippage, 4 orders
- −$28.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $32.34
- Costs to cover
- 0.473%
- Break-even
- 4.3 days
Slippage from Binance: live order book, 15 min ago; edgeX: live order book, 49 min ago.
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 Binance live order book, 15 min ago | 0.46 bp | 9.5 bp −$10 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 49 min ago | 6.02 bp | 12.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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 WMTUSDT | 0.0000% | 8h | 107.92 | −0.109% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 108.01 | −0.026% | $23K | $89K | 10x | as long as short |
| Binance WMTUSDTlong | 0.0000% | 8h | 108.04 | long leg | $1.6M | $1.1M | 20x | |
| Bybit WMTUSDT | 0.0000% | 8h | 108.09 | +0.046% | $120K | $15K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.91 | −0.120% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.93 | −0.102% | $809K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 108.01 | −0.028% | $545K | $95K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 108.00 | −0.040% | $61K | $61K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 108.00 | −0.037% | $287 | $136K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.66 | +0.574% | $5K | $344K | 20x | as long as short |
Aster WMTUSDT
Extended WMT-USD
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −1.129% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0039% | 1h | 108.01 | −0.028% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.90 | −0.130% | $34K | $528K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 108.04 | 0.000% | $933 | $2.8M | 10x | as long as short |
| edgeX WMTUSDCshort | +0.0397% | 4h | 108.00 | −0.041% | $15K | $255K | 10x |
Injective WMT/USDC PERP
QFEX WMT-USD
KuCoin WMTUSDTM
SunX WMT-USDT