Funding arb · Price arb /

WMT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.090%

Price spread now: GRVT against Extended−0.030%92s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$700.702% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.171%+$17 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.030%, 7d avg +0.015%

Together, before fees+0.244%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.045% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WMT-USD	108.03	0	get 0.0000% / 1h	35m 55s	$23K	$115K	10x
Short	GRVT WMT_USDT_Perp	108.00	0	get 0.0000% / 8h	2h 35m	$507	$134K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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 ExtendedbpFee GRVTbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → +0.015%: −$4.47
Slippage, 4 orders: −$56.22
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$74.69
Costs to cover: 0.702%
Break-even: never at this rate

Slippage from Extended: live order book, 10 min ago; GRVT: live order book, 7 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, 10 min ago	0.46 bp	15.5 bp −$15	83.7 bp −$837	doesn't fit	doesn't fit
Sell GRVT live order book, 7 min ago	2.32 bp	20.0 bp −$20	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	−0.0556%	4h	108.06	+0.024%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.84	−0.174%	$4K	$76	20x	as long as short
Extended WMT-USDlong	0.0000%	1h	108.03	long leg	$23K	$115K	10x
Binance WMTUSDT	0.0000%	8h	108.06	+0.026%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.11	+0.072%	$118K	$14K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.20	+0.155%	$81K	$35K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.98	−0.048%	$809K	$28K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	108.01	−0.021%	$543K	$94K	50x	as long as short
Variational Omni WMT	0.0000%	8h	108.05	+0.020%	$61K	$76K	—	as long as short
GRVT WMT_USDT_Perpshort	0.0000%	8h	108.00	−0.030%	$507	$134K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX WMT-USDT	0.0000%	8h	108.60	+0.526%	$5K	$349K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.122%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0045%	1h	108.02	−0.011%	$1.1M	$2.6M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.87	−0.150%	$34K	$574K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	108.06	+0.026%	$2K	$2.9M	10x	as long as short