Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0420%/8h= +46.0% APRpaid last 24h −0.061%

Price spread now: edgeX against GRVT−0.022%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$660.662% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.317%−$32 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.022%, 7d avg +0.008%

Together, before fees−0.315%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.029% cheaper against GRVT than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.317%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WMT_USDT_Perp	108.00	0	get 0.0000% / 8h	38m 16s	$488	$135K	10x
Short	edgeX WMTUSDC	107.97	0.0420	get 0.0210% / 4h	38m 16s	$15K	$254K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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 GRVTbpFee edgeXbpOrdersPrice spread, now −0.022%Rate

Funding earned: $88.17
Price spread: −0.022% → +0.008%: −$2.94
Slippage, 4 orders: −$48.16
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $19.08
Costs to cover: 0.662%
Break-even: 5.5 days

Slippage from GRVT: live order book, 58 min ago; edgeX: live order book, 64 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 GRVT live order book, 58 min ago	2.31 bp	29.5 bp −$30	58.2 bp −$582	doesn't fit	doesn't fit
Sell edgeX live order book, 64 min ago	6.02 bp	12.6 bp −$13	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	107.91	−0.076%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.98	−0.014%	$23K	$115K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	108.01	+0.013%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.05	+0.050%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.12	+0.114%	$81K	$35K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.93	−0.061%	$809K	$28K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.99	−0.006%	$544K	$95K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.97	−0.021%	$61K	$75K	—	as long as short
GRVT WMT_USDT_Perplong	0.0000%	8h	108.00	long leg	$488	$135K	10x
HTX WMT-USDT	0.0000%	8h	108.37	+0.346%	$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
QFEX WMT-USD	+0.0013%	1h	107.98	−0.015%	$1.1M	$2.6M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.089%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.92	−0.071%	$33K	$513K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	108.00	+0.003%	$1K	$2.9M	10x	as long as short
edgeX WMTUSDCshort	+0.0420%	4h	107.97	−0.022%	$15K	$254K	10x