Funding you earn now, next payment 23:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.016%
Price spread now: Bybit against Extended+0.160%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.160%, 7d avg +0.070%
=Together, before fees−0.212%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.090% dearer against Extended than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.070%): +$9 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.058% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% 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 | Extended WMT-USD | 107.52 | 0.0512 | pay 0.0064% / 1h | 33m 31s | $23K | $115K | 10x |
| Short | Bybit WMTUSDT | 107.69 | 0 | get 0.0000% / 8h | 1h 33m | $118K | $12K | 50x |
Extended WMT-USD
Bybit WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$107.52
- Price spread: +0.160% → +0.070%
- $9.04
- Slippage, 4 orders
- −$88.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$203.22
- Costs to cover
- 1.047%
- Break-even
- never at this rate
Slippage from Extended: live order book, 47 min ago; Bybit: live order book, 40 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 Extended live order book, 47 min ago | 1.40 bp | 16.4 bp −$16 | 80.9 bp −$809 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 10.21 bp | 45.0 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WMTUSDC | −0.0259% | 4h | 107.55 | +0.031% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.38 | −0.132% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDTshort | 0.0000% | 8h | 107.69 | +0.160% | $118K | $12K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.58 | +0.058% | $82K | $34K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.53 | +0.011% | $815K | $21K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.53 | +0.011% | $539K | $120K | 50x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.66 | +0.132% | $5K | $348K | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.649% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0041% | 1h | 107.52 | +0.002% | $1.1M | $2.5M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.54 | +0.021% | $33K | $878K | 20x | as long as short |
edgeX WMTUSDC
Aster WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
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 | +0.039% | $2K | $3.0M | 10x | as long as short |
| Variational Omni WMT | +0.0253% | 8h | 107.55 | +0.031% | $61K | $79K | — | as long as short |
| Extended WMT-USDlong | +0.0512% | 1h | 107.52 | long leg | $23K | $115K | 10x | |
| Binance WMTUSDT | +0.0513% | 8h | 107.54 | +0.017% | $1.6M | $1.1M | 20x | as long as short |
| GRVT WMT_USDT_Perp | +0.0758% | 8h | 107.57 | +0.048% | $615 | $129K | 10x | as long as short |
SunX WMT-USDT
Variational Omni WMT
Binance WMTUSDT
GRVT WMT_USDT_Perp