Funding you earn now, next payment 22:00 UTC−0.0368%/8h= −40.3% APRpaid last 24h +0.006%
Price spread now: OKX against Extended+0.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. OKX is 0.020% dearer against Extended than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.036% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% 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 | 107.56 | 0.0368 | pay 0.0046% / 1h | 7m 07s | $23K | $115K | 10x |
| Short | OKX WMT-USDT-SWAP | 107.58 | 0 | get 0.0000% / 8h | 2h 07m | $82K | $34K | 20x |
Extended WMT-USD
OKX WMT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$77.28
- Price spread: +0.020% → 0.000%
- $2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$90.24
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 13 min ago; OKX: no order-book sample. Net counts fees only.
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, 13 min ago | 1.40 bp | 16.4 bp −$16 | 80.9 bp −$809 | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
OKX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0441% | 4h | 107.57 | +0.014% | $15K | $254K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.34 | −0.206% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.68 | +0.113% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAPshort | 0.0000% | 8h | 107.58 | +0.020% | $82K | $34K | 20x | |
| Gate WMT_USDT | 0.0000% | 8h | 107.51 | −0.045% | $814K | $21K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.51 | −0.045% | $539K | $120K | 50x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.78 | +0.206% | $6K | $345K | 20x | as long as short |
| QFEX WMT-USD | +0.0024% | 1h | 107.52 | −0.035% | $1.1M | $2.4M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.686% | $3K | $26K | 12x | as long as short |
| Variational Omni WMT | +0.0082% | 8h | 107.61 | +0.047% | $61K | $79K | — | as long as short |
edgeX WMTUSDC
Aster WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
HTX WMT-USDT
QFEX WMT-USD
Injective WMT/USDC PERP
Variational Omni WMTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.68 | +0.113% | $33K | $892K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.56 | +0.002% | $2K | $3.0M | 10x | as long as short |
| Binance WMTUSDT | +0.0366% | 8h | 107.58 | +0.016% | $1.6M | $1.1M | 20x | as long as short |
| Extended WMT-USDlong | +0.0368% | 1h | 107.56 | long leg | $23K | $115K | 10x | |
| GRVT WMT_USDT_Perp | +0.0606% | 8h | 107.57 | +0.010% | $427 | $131K | 10x | as long as short |
KuCoin WMTUSDTM
SunX WMT-USDT
Binance WMTUSDT
GRVT WMT_USDT_Perp