Funding you earn now, next payment 00:00 UTC+0.0422%/8h= +46.2% APRpaid last 24h +0.001%
Price spread now: Bitget against edgeX−0.016%84s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as 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−$740.744% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)−0.032%−$3 · spread now −0.016%, 7d avg −0.041%
=Together, before fees+0.157%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.025% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.041%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.189% in total (about 9.9% 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 | edgeX WMTUSDC | 107.55 | −0.0422 | get 0.0211% / 4h | 1h 36m | $15K | $254K | 10x |
| Short | Bitget WMTUSDT | 107.53 | 0 | get 0.0000% / 8h | 1h 36m | $539K | $120K | 50x |
edgeX WMTUSDC
Bitget WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $88.59
- Price spread: −0.016% → −0.041%
- $2.5
- Slippage, 4 orders
- −$53.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $16.67
- Costs to cover
- 0.744%
- Break-even
- 5.7 days
Slippage from edgeX: live order book, 46 min ago; Bitget: live order book, 44 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, 46 min ago | 7.91 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 44 min ago | 1.86 bp | 20.6 bp −$21 | 43.9 bp −$439 | 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 | −0.0422% | 4h | 107.55 | long leg | $15K | $254K | 10x | |
| Aster WMTUSDT | 0.0000% | 8h | 107.37 | −0.168% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.69 | +0.133% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.58 | +0.030% | $82K | $34K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.52 | −0.025% | $814K | $21K | 25x | as long as short |
| Bitget WMTUSDTshort | 0.0000% | 8h | 107.53 | −0.016% | $539K | $120K | 50x | |
| HTX WMT-USDT | 0.0000% | 8h | 108.05 | +0.467% | $5K | $348K | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.676% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0041% | 1h | 107.51 | −0.035% | $1.1M | $2.5M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.53 | −0.016% | $33K | $880K | 20x | as long as short |
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
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 | 107.56 | +0.012% | $1K | $3.0M | 10x | as long as short |
| Variational Omni WMT | +0.0232% | 8h | 107.56 | +0.014% | $61K | $79K | — | as long as short |
| Extended WMT-USD | +0.0504% | 1h | 107.54 | −0.003% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | +0.0505% | 8h | 107.57 | +0.018% | $1.6M | $1.1M | 20x | as long as short |
| GRVT WMT_USDT_Perp | +0.0748% | 8h | 107.57 | +0.021% | $615 | $129K | 10x | as long as short |
SunX WMT-USDT
Variational Omni WMT
Extended WMT-USD
Binance WMTUSDT
GRVT WMT_USDT_Perp