Funding you earn now, next payment 04:00 UTC−0.0295%/8h= −32.3% APRpaid last 24h +0.069%
Price spread now: Bybit against edgeX+0.059%111s7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as 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−$850.851% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.059%, 7d avg +0.057%
=Together, before fees+0.096%+ Points / potential airdropedgeX: Active · farm board+$10 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: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.199%, so the current rate has only just turned against you. The two prices were read 111 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 0.199% 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 | edgeX WMTUSDC | 107.52 | 0.0295 | pay 0.0148% / 4h | 2h 25m | $15K | $254K | 10x |
| Short | Bybit WMTUSDT | 107.58 | 0 | get 0.0000% / 8h | 6h 25m | $118K | $12K | 50x |
edgeX WMTUSDC
Bybit WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$61.95
- Price spread: +0.059% → +0.057%
- $0.17
- Slippage, 4 orders
- −$65.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$146.86
- Costs to cover
- 0.851%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 42 min ago; Bybit: live order book, 24 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, 42 min ago | 6.51 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 24 min ago | 8.37 bp | 34.3 bp −$34 | 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 | 107.44 | −0.071% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDTshort | 0.0000% | 8h | 107.58 | +0.059% | $118K | $12K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.59 | +0.068% | $82K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.48 | −0.034% | $814K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.50 | −0.016% | $540K | $94K | 50x | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.52 | +0.006% | $286 | $126K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.85 | +0.310% | $6K | $350K | 20x | as long as short |
| QFEX WMT-USD | +0.0019% | 1h | 107.54 | +0.022% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.648% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.47 | −0.044% | $33K | $753K | 20x | as long as short |
Aster WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
QFEX WMT-USD
Injective WMT/USDC PERP
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 | 107.53 | +0.012% | $1K | $2.9M | 10x | as long as short |
| edgeX WMTUSDClong | +0.0295% | 4h | 107.52 | long leg | $15K | $254K | 10x | |
| Variational Omni WMT | +0.0385% | 8h | 107.52 | +0.005% | $61K | $77K | — | as long as short |
| Binance WMTUSDT | +0.0553% | 8h | 107.53 | +0.009% | $1.6M | $1.0M | 20x | as long as short |
| Extended WMT-USD | +0.0560% | 1h | 107.50 | −0.015% | $23K | $115K | 10x | as long as short |
SunX WMT-USDT
Variational Omni WMT
Binance WMTUSDT
Extended WMT-USD