WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: SunX against Gate+0.074%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$288as in the Price arb table

costs, in and out, $10k−$2912.910% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.273%+$27 · spread now +0.074%, 7d avg +0.039%

Together, before fees+0.483%+$48 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 SunX is 0.035% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WMT_USDT	107.92	0	get 0.0000% / 8h	7h 50m	$809K	$28K	25x
Short	SunX WMT-USDT	108.00	0.0100	get 0.0100% / 8h	7h 50m	$921	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.074%Rate

Funding earned: $21
Price spread: +0.074% → +0.039%: $3.48
Slippage, 4 orders: −$268.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$266.54
Costs to cover: 2.910%
Break-even: 95.8 days

Slippage from Gate: live order book, 46 min ago; SunX: 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 Gate live order book, 46 min ago	2.78 bp	15.8 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	46.29 bp	64.8 bp −$65	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	107.92	+0.002%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.98	+0.058%	$23K	$89K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	108.01	+0.083%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.08	+0.148%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.91	−0.009%	$81K	$33K	20x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.92	long leg	$809K	$28K	25x
Bitget WMTUSDT	0.0000%	8h	107.95	+0.028%	$545K	$95K	50x	as long as short
Variational Omni WMT	0.0000%	8h	108.00	+0.072%	$61K	$61K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	108.00	+0.074%	$287	$136K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.66	+0.686%	$5K	$344K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.019%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0039%	1h	108.00	+0.074%	$1.1M	$2.6M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.91	−0.009%	$34K	$527K	20x	as long as short
SunX WMT-USDTshort	+0.0100%	8h	108.00	+0.074%	$921	$2.8M	10x
edgeX WMTUSDC	+0.0397%	4h	108.00	+0.070%	$15K	$255K	10x	as long as short