Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0967%/8h= −105.9% APRpaid last 24h +0.164%

Price spread now: GRVT against edgeX+0.009%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$580.584% of the position

Long on edgeX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.419%+$42 on $10k

Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.009%, 7d avg −0.008%

Together, before fees+0.421%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$42 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.419%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.419% in total (about 21.8% 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	107.46	0.0967	pay 0.0484% / 4h	3h 08m	$15K	$254K	10x
Short	GRVT WMT_USDT_Perp	107.47	0	get 0.0000% / 8h	7h 08m	$458	$126K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$203.13
Price spread: +0.009% → −0.008%: $1.74
Slippage, 4 orders: −$40.36
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$259.75
Costs to cover: 0.584%
Break-even: never at this rate

Slippage from edgeX: live order book, 64 min ago; GRVT: live order book, 59 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, 64 min ago	6.05 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 59 min ago	2.79 bp	15.6 bp −$16	53.7 bp −$537	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	107.35	−0.100%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.59	+0.121%	$118K	$12K	50x	as long as short
Gate WMT_USDT	0.0000%	8h	107.43	−0.027%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.46	0.000%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perpshort	0.0000%	8h	107.47	+0.009%	$458	$126K	10x
HTX WMT-USDT	0.0000%	8h	107.61	+0.140%	$6K	$348K	20x	as long as short
QFEX WMT-USD	+0.0030%	1h	107.44	−0.018%	$1.1M	$2.8M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.595%	$3K	$26K	12x	as long as short
OKX WMT-USDT-SWAP	+0.0060%	8h	107.63	+0.159%	$82K	$33K	20x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.39	−0.065%	$34K	$780K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX WMT-USDT	+0.0100%	8h	107.45	−0.009%	$2K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0531%	8h	107.46	+0.003%	$61K	$76K	—	as long as short
Binance WMTUSDT	+0.0719%	8h	107.46	+0.003%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0720%	1h	107.44	−0.021%	$23K	$115K	10x	as long as short
edgeX WMTUSDClong	+0.0967%	4h	107.46	long leg	$15K	$254K	10x