Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: Binance against edgeX+0.030%110s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.473% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.154%+$15 on $10k

Price spread, last 4 days (all we have)−0.762%−$76 · spread now +0.030%, 7d avg +0.004%

Together, before fees−0.607%+ Points / potential airdropedgeX: Active · farm board−$61 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: Binance is 0.026% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WMTUSDC	107.98	0.0000	get 0.0000% / 4h	3h 53m	$15K	$254K	10x
Short	Binance WMTUSDT	108.01	0	get 0.0000% / 8h	7h 53m	$1.6M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.030%Rate

Funding earned: $0.07
Price spread: +0.030% → +0.004%: $2.61
Slippage, 4 orders: −$28.3
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.61
Costs to cover: 0.473%
Break-even: 4380.6 days

Slippage from edgeX: live order book, 44 min ago; Binance: live order book, 10 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 edgeX live order book, 44 min ago	6.02 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.46 bp	12.2 bp −$12	39.6 bp −$396	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 WMTUSDClong	0.0000%	4h	107.98	long leg	$15K	$254K	10x
Aster WMTUSDT	0.0000%	8h	107.93	−0.051%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.98	+0.002%	$23K	$89K	10x	as long as short
Binance WMTUSDTshort	0.0000%	8h	108.01	+0.030%	$1.6M	$1.1M	20x
Bybit WMTUSDT	0.0000%	8h	108.09	+0.101%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.91	−0.066%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.92	−0.057%	$809K	$28K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.95	−0.029%	$545K	$95K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.97	−0.013%	$61K	$61K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.98	−0.001%	$659	$136K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX WMT-USDT	0.0000%	8h	108.57	+0.545%	$5K	$345K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.075%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0039%	1h	108.00	+0.017%	$1.1M	$2.6M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.90	−0.075%	$34K	$527K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.97	−0.010%	$1K	$2.8M	10x	as long as short