Funding you earn now, next payment 04:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.052%
Price spread now: Extended against Bitget−0.012%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$670.667% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.012%, 7d avg +0.015%
=Together, before fees+0.063%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.027% cheaper against Bitget than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.015%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.095% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 4.9% 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 | Bitget WMTUSDT | 107.41 | 0 | get 0.0000% / 8h | 4h 49m | $540K | $93K | 50x |
| Short | Extended WMT-USD | 107.40 | 0.0216 | get 0.0027% / 1h | 49m 38s | $23K | $115K | 10x |
Bitget WMTUSDT
Extended WMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $45.36
- Price spread: −0.012% → +0.015%
- −$2.72
- Slippage, 4 orders
- −$49.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$24.06
- Costs to cover
- 0.667%
- Break-even
- 10.7 days
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 6 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, 5 min ago | 1.40 bp | 17.1 bp −$17 | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 0.47 bp | 14.3 bp −$14 | 70.7 bp −$707 | 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 | 107.33 | −0.076% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.52 | +0.102% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.49 | +0.074% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.34 | −0.065% | $813K | $26K | 25x | as long as short |
| Bitget WMTUSDTlong | 0.0000% | 8h | 107.41 | long leg | $540K | $93K | 50x | |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.43 | +0.019% | $559 | $127K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.85 | +0.410% | $5K | $352K | 20x | as long as short |
| QFEX WMT-USD | +0.0010% | 1h | 107.41 | 0.000% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.549% | $3K | $26K | 12x | as long as short |
| Variational Omni WMT | +0.0081% | 8h | 107.41 | −0.004% | $60K | $76K | — | as long as short |
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
QFEX WMT-USD
Injective WMT/USDC PERP
Variational Omni WMTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.42 | +0.009% | $33K | $685K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.41 | 0.000% | $1K | $2.9M | 10x | as long as short |
| Binance WMTUSDT | +0.0213% | 8h | 107.43 | +0.021% | $1.6M | $1.0M | 20x | as long as short |
| Extended WMT-USDshort | +0.0216% | 1h | 107.40 | −0.012% | $23K | $115K | 10x | |
| edgeX WMTUSDC | +0.0459% | 4h | 107.41 | −0.005% | $15K | $255K | 10x | as long as short |
KuCoin WMTUSDTM
SunX WMT-USDT
Binance WMTUSDT
edgeX WMTUSDC