Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate−0.065%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$262as in the Funding arb table

Net, price: spread back to 7d avg − costs−$267as in the Price arb table

costs, in and out, $10k−$2622.616% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.065%, 7d avg −0.010%

Together, before fees+0.047%+$5 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: Bitget is 0.055% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WMT_USDT	107.52	0	get 0.0000% / 8h	2h 38m	$815K	$21K	25x
Short	Bitget WMTUSDT	107.45	0	get 0.0000% / 8h	2h 38m	$538K	$120K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → −0.010%: −$5.5
Slippage, 4 orders: −$234.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$267.15
Costs to cover: 2.616%
Break-even: never at this rate

Slippage from Gate: live order book, 48 min ago; Bitget: live order book, 46 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 Gate live order book, 48 min ago	1.86 bp	84.7 bp −$85	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 46 min ago	1.86 bp	15.0 bp −$15	43.1 bp −$431	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	107.34	−0.170%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.65	+0.121%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.71	+0.177%	$81K	$33K	20x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.52	long leg	$815K	$21K	25x
Bitget WMTUSDTshort	0.0000%	8h	107.45	−0.065%	$538K	$120K	50x
Variational Omni WMT	0.0000%	8h	107.57	+0.042%	$61K	$79K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.03	+0.474%	$5K	$344K	20x	as long as short
QFEX WMT-USD	+0.0024%	1h	107.56	+0.037%	$1.1M	$2.2M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.651%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.50	−0.019%	$33K	$897K	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-USDT	+0.0100%	8h	107.55	+0.028%	$1K	$3.0M	10x	as long as short
Extended WMT-USD	+0.0208%	1h	107.55	+0.032%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0212%	8h	107.56	+0.039%	$1.6M	$1.1M	20x	as long as short
GRVT WMT_USDT_Perp	+0.0410%	8h	107.53	+0.011%	$274	$134K	10x	as long as short
edgeX WMTUSDC	+0.0999%	4h	107.56	+0.036%	$15K	$254K	10x	as long as short