Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.016%

Price spread now: KuCoin against Extended0.000%7-day average −0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,986as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,990as in the Price arb table

costs, in and out, $10k−$1,99819.977% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)−0.025%−$3 · spread now 0.000%, 7d avg −0.082%

Together, before fees+0.089%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.082% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WMT-USD	108.00	0	get 0.0000% / 1h	28m 06s	$23K	$89K	10x
Short	KuCoin WMTUSDTM	108.00	0.0100	get 0.0100% / 8h	7h 28m	$34K	$544K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21
Price spread: 0.000% → −0.082%: $8.24
Slippage, 4 orders: −$1,980.75
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,968.5
Costs to cover: 19.977%
Break-even: 663.2 days

Slippage from Extended: live order book, 67 min ago; KuCoin: live order book, 66 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, 67 min ago	0.93 bp	16.5 bp −$16	94.1 bp −$941	doesn't fit	doesn't fit
Sell KuCoin live order book, 66 min ago	7.88 bp	811.2 bp −$811	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	107.96	−0.038%	$4K	$76	20x	as long as short
Extended WMT-USDlong	0.0000%	1h	108.00	long leg	$23K	$89K	10x
Binance WMTUSDT	0.0000%	8h	108.03	+0.028%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.10	+0.093%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.05	+0.047%	$81K	$32K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.97	−0.028%	$809K	$28K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	108.02	+0.019%	$545K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	108.09	+0.081%	$60K	$63K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.21	+0.195%	$5K	$344K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.092%	$3K	$26K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WMT-USD	+0.0039%	1h	108.03	+0.028%	$1.1M	$2.5M	10x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	108.00	0.000%	$34K	$544K	20x
SunX WMT-USDT	+0.0100%	8h	108.07	+0.065%	$2K	$2.8M	10x	as long as short
GRVT WMT_USDT_Perp	+0.0556%	8h	108.08	+0.078%	$124	$136K	10x	as long as short
edgeX WMTUSDC	+0.0556%	4h	108.09	+0.081%	$15K	$256K	10x	as long as short