Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Bitget+0.084%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1641.642% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.084%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.032% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WMTUSDT | 107.45 | 0 | get 0.0000% / 8h | 2h 23m | $538K | $120K | 50x |
| Short | SunX WMT-USDT | 107.54 | 0.0100 | get 0.0100% / 8h | 2h 23m | $1K | $3.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: +0.084% → +0.051%
- $3.23
- Slippage, 4 orders
- −$144.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$139.99
- Costs to cover
- 1.642%
- Break-even
- 53.7 days
Slippage from Bitget: live order book, 61 min ago; SunX: live order book, 4 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, 61 min ago | 1.86 bp | 19.8 bp −$20 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 46.02 bp | 65.0 bp −$65 | 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 | −0.0698% | 4h | 107.55 | +0.094% | $15K | $254K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.33 | −0.112% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.66 | +0.195% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.58 | +0.121% | $82K | $34K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.52 | +0.065% | $815K | $21K | 25x | as long as short |
| Bitget WMTUSDTlong | 0.0000% | 8h | 107.45 | long leg | $538K | $120K | 50x | |
| HTX WMT-USDT | 0.0000% | 8h | 107.78 | +0.307% | $5K | $345K | 20x | as long as short |
| Variational Omni WMT | +0.0006% | 8h | 107.55 | +0.090% | $61K | $79K | — | as long as short |
| QFEX WMT-USD | +0.0024% | 1h | 107.54 | +0.084% | $1.1M | $2.2M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.586% | $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 | 107.52 | +0.065% | $33K | $897K | 20x | as long as short |
| SunX WMT-USDTshort | +0.0100% | 8h | 107.54 | +0.084% | $1K | $3.0M | 10x | |
| Extended WMT-USD | +0.0288% | 1h | 107.54 | +0.085% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | +0.0288% | 8h | 107.55 | +0.095% | $1.6M | $1.1M | 20x | as long as short |
| GRVT WMT_USDT_Perp | +0.0498% | 8h | 107.57 | +0.112% | $258 | $132K | 10x | as long as short |
Bitget WMTUSDT
SunX WMT-USDT
edgeX WMTUSDC
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
HTX WMT-USDT
Variational Omni WMT
Injective WMT/USDC PERP
KuCoin WMTUSDTM
Extended WMT-USD
Binance WMTUSDT
GRVT WMT_USDT_Perp