Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.040%
Price spread now: Extended against Injective+1.108%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Extended is 1.108% dearer against Injective than usual: you sell high and buy low (spread +1.108% now, against zero (this spread has no 7-day history yet)): +$111 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WMT/USDC PERP | 106.82 | 0.0033 | pay 0.0004% / 1h | 32m 46s | $3K | $26K | 12x |
| Short | Extended WMT-USD | 108.00 | 0 | get 0.0000% / 1h | 32m 46s | $23K | $115K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- −$7
- Price spread: +1.108% → 0.000%
- $110.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $98.83
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 8 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 8 min ago | 1.39 bp | 16.4 bp −$16 | 75.6 bp −$756 | doesn't fit | doesn't fit |
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 | −0.0017% | 4h | 108.02 | +1.124% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.97 | +1.075% | $4K | $76 | 20x | as long as short |
| Extended WMT-USDshort | 0.0000% | 1h | 108.00 | +1.108% | $23K | $115K | 10x | |
| Binance WMTUSDT | 0.0000% | 8h | 108.02 | +1.124% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.98 | +1.086% | $120K | $15K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 108.20 | +1.292% | $81K | $35K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.95 | +1.058% | $809K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 108.02 | +1.123% | $543K | $94K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 108.03 | +1.129% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 108.05 | +1.153% | $682 | $136K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX WMT-USDT | 0.0000% | 8h | 108.37 | +1.451% | $5K | $345K | 20x | as long as short |
| QFEX WMT-USD | +0.0032% | 1h | 108.01 | +1.114% | $1.1M | $2.6M | 10x | as long as short |
| Injective WMT/USDC PERPlong | +0.0033% | 1h | 106.82 | long leg | $3K | $26K | 12x | |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.96 | +1.067% | $34K | $529K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 108.02 | +1.123% | $1K | $2.9M | 10x | as long as short |
Injective WMT/USDC PERP
Extended WMT-USD
edgeX WMTUSDC
Aster WMTUSDT
Binance WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
KuCoin WMTUSDTM
SunX WMT-USDT