Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0616%/8h= +67.5% APRpaid last 24h −0.069%

Price spread now: edgeX against Bybit−0.073%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$850.851% of the position

Long on Bybit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.199%−$20 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.073%, 7d avg −0.057%

Together, before fees−0.082%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% 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	Bybit WMTUSDT	107.58	0	get 0.0000% / 8h	6h 21m	$118K	$12K	50x
Short	edgeX WMTUSDC	107.50	0.0616	get 0.0308% / 4h	2h 21m	$15K	$255K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.073%Rate

Funding earned: $129.43
Price spread: −0.073% → −0.057%: −$1.59
Slippage, 4 orders: −$65.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $42.76
Costs to cover: 0.851%
Break-even: 4.7 days

Slippage from Bybit: live order book, 28 min ago; edgeX: live order book, 46 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, 28 min ago	8.37 bp	23.9 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 46 min ago	6.51 bp	13.6 bp −$14	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
Aster WMTUSDT	0.0000%	8h	107.41	−0.154%	$4K	$71	20x	as long as short
Bybit WMTUSDTlong	0.0000%	8h	107.58	long leg	$118K	$12K	50x
OKX WMT-USDT-SWAP	0.0000%	8h	107.59	+0.009%	$82K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.47	−0.102%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.50	−0.074%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.51	−0.065%	$600	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.27	+0.641%	$5K	$350K	20x	as long as short
QFEX WMT-USD	+0.0019%	1h	107.49	−0.084%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.706%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.45	−0.121%	$33K	$750K	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	107.51	−0.065%	$1K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0385%	8h	107.52	−0.054%	$61K	$77K	—	as long as short
Binance WMTUSDT	+0.0538%	8h	107.53	−0.046%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0544%	1h	107.50	−0.073%	$23K	$115K	10x	as long as short
edgeX WMTUSDCshort	+0.0616%	4h	107.50	−0.073%	$15K	$255K	10x