Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0259%/8h= −28.4% APRpaid last 24h −0.001%

Price spread now: edgeX against Bitget+0.020%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$740.744% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 on $10k

Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.020%, 7d avg +0.041%

Together, before fees−0.161%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.021% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.041%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WMTUSDT	107.53	0	get 0.0000% / 8h	1h 33m	$539K	$120K	50x
Short	edgeX WMTUSDC	107.55	−0.0259	pay 0.0130% / 4h	1h 33m	$15K	$255K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$54.4
Price spread: +0.020% → +0.041%: −$2.15
Slippage, 4 orders: −$53.43
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$130.98
Costs to cover: 0.744%
Break-even: never at this rate

Slippage from Bitget: live order book, 47 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 Bitget live order book, 47 min ago	1.86 bp	17.4 bp −$17	35.1 bp −$351	doesn't fit	doesn't fit
Sell edgeX live order book, 49 min ago	7.91 bp	21.7 bp −$22	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
edgeX WMTUSDCshort	−0.0259%	4h	107.55	+0.020%	$15K	$255K	10x
Aster WMTUSDT	0.0000%	8h	107.37	−0.147%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.69	+0.149%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.58	+0.046%	$82K	$34K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.53	0.000%	$815K	$21K	25x	as long as short
Bitget WMTUSDTlong	0.0000%	8h	107.53	long leg	$539K	$120K	50x
HTX WMT-USDT	0.0000%	8h	107.45	−0.074%	$5K	$348K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.660%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0041%	1h	107.52	−0.009%	$1.1M	$2.5M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.55	+0.019%	$33K	$878K	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	0.000%	$2K	$3.0M	10x	as long as short
Variational Omni WMT	+0.0253%	8h	107.55	+0.020%	$61K	$79K	—	as long as short
Extended WMT-USD	+0.0512%	1h	107.52	−0.013%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0513%	8h	107.54	+0.005%	$1.6M	$1.1M	20x	as long as short
GRVT WMT_USDT_Perp	+0.0758%	8h	107.57	+0.037%	$615	$129K	10x	as long as short