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: Bitget against Bybit−0.130%7-day average −0.088% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$930.931% of the position

Long on Bybit Short on Bitget

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)+0.153%+$15 · spread now −0.130%, 7d avg −0.088%

Together, before fees+0.153%+$15 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: Bitget is 0.042% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WMTUSDT	107.57	0	get 0.0000% / 8h	3h 58m	$118K	$12K	50x
Short	Bitget WMTUSDT	107.43	0	get 0.0000% / 8h	3h 58m	$540K	$93K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.130%Rate

Funding earned: $0
Price spread: −0.130% → −0.088%: −$4.17
Slippage, 4 orders: −$70.11
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$97.28
Costs to cover: 0.931%
Break-even: never at this rate

Slippage from Bybit: live order book, 41 min ago; Bitget: live order book, 56 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 Bybit live order book, 41 min ago	6.51 bp	27.2 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 56 min ago	1.40 bp	19.7 bp −$20	68.1 bp −$681	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	−0.0909%	4h	107.47	−0.094%	$15K	$256K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.35	−0.200%	$4K	$71	20x	as long as short
Bybit WMTUSDTlong	0.0000%	8h	107.57	long leg	$118K	$12K	50x
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	−0.019%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.41	−0.149%	$813K	$26K	25x	as long as short
Bitget WMTUSDTshort	0.0000%	8h	107.43	−0.130%	$540K	$93K	50x
Variational Omni WMT	0.0000%	8h	107.47	−0.092%	$60K	$76K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.45	−0.113%	$394	$127K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.46	−0.102%	$5K	$352K	20x	as long as short
QFEX WMT-USD	+0.0010%	1h	107.47	−0.093%	$1.1M	$2.6M	10x	as long as short

Show 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	−0.697%	$3K	$26K	12x	as long as short
Extended WMT-USD	+0.0064%	1h	107.45	−0.109%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0066%	8h	107.48	−0.082%	$1.6M	$1.0M	20x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.35	−0.205%	$33K	$638K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.47	−0.093%	$2K	$2.9M	10x	as long as short