Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0852%/8h= −93.3% APRpaid last 24h +0.010%

Price spread now: Injective against GRVT−0.688%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Injective is 0.688% cheaper against GRVT than usual: you would sell low and buy high (−$69 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WMT_USDT_Perp	107.56	0.0885	pay 0.0885% / 8h	48m 04s	$869	$130K	10x
Short	Injective WMT/USDC PERP	106.82	0.0033	get 0.0004% / 1h	48m 04s	$3K	$26K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.688%Rate

Funding earned: −$178.85
Price spread: −0.688% → 0.000%: −$68.8
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$256.67
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 28 min ago; Injective: 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 GRVT live order book, 28 min ago	2.79 bp	32.8 bp −$33	63.4 bp −$634	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0980%	4h	107.57	+0.011%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.36	−0.188%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.69	+0.121%	$118K	$12K	50x	as long as short
Gate WMT_USDT	0.0000%	8h	107.52	−0.037%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.54	−0.019%	$539K	$122K	50x	as long as short
HTX WMT-USDT	0.0000%	8h	107.41	−0.139%	$5K	$348K	20x	as long as short
OKX WMT-USDT-SWAP	+0.0026%	8h	107.58	+0.019%	$82K	$34K	20x	as long as short
QFEX WMT-USD	+0.0029%	1h	107.58	+0.019%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERPshort	+0.0033%	1h	106.82	−0.688%	$3K	$26K	12x
KuCoin WMTUSDTM	+0.0100%	8h	107.51	−0.046%	$33K	$839K	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	107.58	+0.019%	$1K	$3.0M	10x	as long as short
Variational Omni WMT	+0.0452%	8h	107.57	+0.011%	$61K	$79K	—	as long as short
Binance WMTUSDT	+0.0703%	8h	107.58	+0.019%	$1.6M	$1.1M	20x	as long as short
Extended WMT-USD	+0.0704%	1h	107.56	+0.001%	$23K	$115K	10x	as long as short
GRVT WMT_USDT_Perplong	+0.0885%	8h	107.56	long leg	$869	$130K	10x