Funding you earn now, next payment 06:00 UTC−0.0799%/8h= −87.5% APRpaid last 24h −0.030%
Price spread now: Extended against edgeX+0.002%113s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$570.574% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.002%, 7d avg −0.019%
=Together, before fees+0.096%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.022% dearer against edgeX than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.019%): +$2 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 7 days funding on this pair paid +0.146%, so the current rate has only just turned against you. The two prices were read 113 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 0.146% in total (about 7.6% 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 | 107.88 | 0.0799 | pay 0.0400% / 4h | 2h 53m | $15K | $254K | 10x |
| Short | Extended WMT-USD | 107.88 | 0 | get 0.0000% / 1h | 53m 35s | $23K | $115K | 10x |
edgeX WMTUSDC
Extended WMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$167.84
- Price spread: +0.002% → −0.019%
- $2.15
- Slippage, 4 orders
- −$43.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$223.12
- Costs to cover
- 0.574%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 59 min ago; Extended: live order book, 57 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, 59 min ago | 6.05 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 0.47 bp | 15.6 bp −$16 | 77.3 bp −$773 | 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 | 107.85 | −0.029% | $4K | $76 | 20x | as long as short |
| Extended WMT-USDshort | 0.0000% | 1h | 107.88 | +0.002% | $23K | $115K | 10x | |
| Binance WMTUSDT | 0.0000% | 8h | 107.91 | +0.031% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.96 | +0.077% | $119K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.87 | −0.006% | $81K | $35K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.80 | −0.071% | $816K | $26K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.88 | +0.003% | $542K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.89 | +0.009% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.92 | +0.040% | $366 | $134K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.12 | +0.226% | $5K | $350K | 20x | as long as short |
Aster WMTUSDT
Binance WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.979% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0045% | 1h | 107.82 | −0.052% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.82 | −0.052% | $35K | $583K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.90 | +0.022% | $2K | $2.9M | 10x | as long as short |
| edgeX WMTUSDClong | +0.0799% | 4h | 107.88 | long leg | $15K | $254K | 10x |
Injective WMT/USDC PERP
QFEX WMT-USD
KuCoin WMTUSDTM
SunX WMT-USDT