Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget−0.046%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$384as in the Funding arb table

Net, price: spread back to 7d avg − costs−$390as in the Price arb table

costs, in and out, $10k−$3843.841% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.046%, 7d avg +0.008%

Together, before fees+0.084%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.055% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WMTUSDT	107.53	0	get 0.0000% / 8h	5h 43m	$541K	$93K	50x
Short	Gate WMT_USDT	107.48	0	get 0.0000% / 8h	5h 43m	$814K	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → +0.008%: −$5.45
Slippage, 4 orders: −$357.14
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$389.6
Costs to cover: 3.841%
Break-even: never at this rate

Slippage from Bitget: live order book, 16 min ago; Gate: live order book, 18 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, 16 min ago	0.93 bp	16.8 bp −$17	25.2 bp −$252	doesn't fit	doesn't fit
Sell Gate live order book, 18 min ago	3.72 bp	336.6 bp −$337	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 WMTUSDC	−0.0431%	4h	107.51	−0.022%	$15K	$256K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.44	−0.085%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.64	+0.102%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.63	+0.093%	$82K	$33K	20x	as long as short
Gate WMT_USDTshort	0.0000%	8h	107.48	−0.046%	$814K	$20K	25x
Bitget WMTUSDTlong	0.0000%	8h	107.53	long leg	$541K	$93K	50x
GRVT WMT_USDT_Perp	0.0000%	8h	107.53	−0.002%	$334	$125K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.64	+0.102%	$5K	$351K	20x	as long as short
QFEX WMT-USD	+0.0017%	1h	107.51	−0.019%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.660%	$3K	$26K	12x	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	107.50	−0.028%	$33K	$728K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.52	−0.009%	$1K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0259%	8h	107.51	−0.022%	$61K	$77K	—	as long as short
Extended WMT-USD	+0.0408%	1h	107.50	−0.026%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0410%	8h	107.54	+0.006%	$1.6M	$1.0M	20x	as long as short