Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0562%/8h= −61.5% APRpaid last 24h +0.099%

Price spread now: SunX against edgeX−0.010%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1551.547% of the position

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.409%+$41 on $10k

Price spread, last 3 days (all we have)+0.060%+$6 · spread now −0.010%, 7d avg +0.008%

Together, before fees+0.469%+ Points / potential airdropedgeX: Active · farm board+$47 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: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.409%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WMTUSDC	107.43	0.0662	pay 0.0331% / 4h	2h 46m	$15K	$256K	10x
Short	SunX WMT-USDT	107.42	0.0100	get 0.0100% / 8h	6h 46m	$2K	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$118.01
Price spread: −0.010% → +0.008%: −$1.81
Slippage, 4 orders: −$137.68
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$274.49
Costs to cover: 1.547%
Break-even: never at this rate

Slippage from edgeX: live order book, 21 min ago; SunX: live order book, 11 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, 21 min ago	6.51 bp	13.3 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	45.16 bp	64.2 bp −$64	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	107.35	−0.072%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.54	+0.102%	$118K	$12K	50x	as long as short
Gate WMT_USDT	0.0000%	8h	107.39	−0.038%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.39	−0.038%	$540K	$94K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.43	0.000%	$280	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.05	+0.577%	$5K	$349K	20x	as long as short
QFEX WMT-USD	+0.0019%	1h	107.42	−0.010%	$1.1M	$2.7M	10x	as long as short
OKX WMT-USDT-SWAP	+0.0024%	8h	107.55	+0.111%	$82K	$33K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.568%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.41	−0.019%	$33K	$766K	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-USDTshort	+0.0100%	8h	107.42	−0.010%	$2K	$2.9M	10x
Variational Omni WMT	+0.0466%	8h	107.40	−0.025%	$61K	$77K	—	as long as short
Binance WMTUSDT	+0.0637%	8h	107.43	+0.002%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0640%	1h	107.40	−0.026%	$23K	$115K	10x	as long as short
edgeX WMTUSDClong	+0.0662%	4h	107.43	long leg	$15K	$256K	10x