Funding you earn now, next payment 23:00 UTC+0.0520%/8h= +56.9% APRpaid last 24h +0.016%
Price spread now: Extended against Bybit−0.133%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.133%, 7d avg −0.070%
=Together, before fees+0.186%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.064% cheaper against Bybit than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.070%). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.058% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% 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 | 107.67 | 0 | get 0.0000% / 8h | 1h 29m | $118K | $12K | 50x |
| Short | Extended WMT-USD | 107.53 | 0.0520 | get 0.0065% / 1h | 29m 34s | $23K | $115K | 10x |
Bybit WMTUSDT
Extended WMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $109.2
- Price spread: −0.133% → −0.070%
- −$6.37
- Slippage, 4 orders
- −$88.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$1.9
- Costs to cover
- 1.047%
- Break-even
- 7.1 days
Slippage from Bybit: live order book, 44 min ago; Extended: live order book, 51 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, 44 min ago | 10.21 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 1.40 bp | 12.4 bp −$12 | 66.9 bp −$669 | 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 | −0.0801% | 4h | 107.52 | −0.137% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.35 | −0.299% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDTlong | 0.0000% | 8h | 107.67 | long leg | $118K | $12K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.58 | −0.084% | $82K | $34K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.51 | −0.149% | $814K | $21K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.53 | −0.130% | $539K | $120K | 50x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.92 | +0.232% | $6K | $348K | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.789% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0041% | 1h | 107.55 | −0.111% | $1.1M | $2.5M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.53 | −0.130% | $33K | $872K | 20x | as long as short |
edgeX WMTUSDC
Aster WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
HTX WMT-USDT
Injective WMT/USDC PERP
QFEX WMT-USD
KuCoin WMTUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX WMT-USDT | +0.0100% | 8h | 107.54 | −0.121% | $2K | $3.0M | 10x | as long as short |
| Variational Omni WMT | +0.0269% | 8h | 107.53 | −0.129% | $61K | $79K | — | as long as short |
| Extended WMT-USDshort | +0.0520% | 1h | 107.53 | −0.133% | $23K | $115K | 10x | |
| Binance WMTUSDT | +0.0526% | 8h | 107.55 | −0.111% | $1.6M | $1.1M | 20x | as long as short |
| GRVT WMT_USDT_Perp | +0.0763% | 8h | 107.53 | −0.130% | $216 | $130K | 10x | as long as short |
SunX WMT-USDT
Variational Omni WMT
Binance WMTUSDT
GRVT WMT_USDT_Perp