Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0336%/8h= −36.8% APRpaid last 24h −0.099%

Price spread now: edgeX against KuCoin+0.048%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,671as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,636as in the Price arb table

costs, in and out, $10k−$1,63016.298% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.409%−$41 on $10k

Price spread, last 3 days (all we have)+0.061%+$6 · spread now +0.048%, 7d avg +0.108%

Together, before fees−0.349%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and edgeX is 0.059% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.108%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WMTUSDTM	107.39	0.0100	pay 0.0100% / 8h	7h 04m	$34K	$777K	20x
Short	edgeX WMTUSDC	107.44	−0.0236	pay 0.0118% / 4h	3h 04m	$15K	$255K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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 KuCoinbpFee edgeXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$70.54
Price spread: +0.048% → +0.108%: −$5.94
Slippage, 4 orders: −$1,608.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$1,706.27
Costs to cover: 16.298%
Break-even: never at this rate

Slippage from KuCoin: live order book, 49 min ago; edgeX: live order book, 3 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 KuCoin live order book, 49 min ago	20.01 bp	747.6 bp −$748	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	6.51 bp	13.6 bp −$14	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
edgeX WMTUSDCshort	−0.0236%	4h	107.44	+0.048%	$15K	$255K	10x
Aster WMTUSDT	0.0000%	8h	107.34	−0.044%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.59	+0.186%	$118K	$12K	50x	as long as short
Gate WMT_USDT	0.0000%	8h	107.43	+0.037%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.46	+0.065%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.47	+0.073%	$590	$127K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.57	+0.168%	$5K	$348K	20x	as long as short
QFEX WMT-USD	+0.0030%	1h	107.45	+0.056%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.531%	$3K	$26K	12x	as long as short
OKX WMT-USDT-SWAP	+0.0055%	8h	107.63	+0.223%	$82K	$33K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WMTUSDTMlong	+0.0100%	8h	107.39	long leg	$34K	$777K	20x
SunX WMT-USDT	+0.0100%	8h	107.45	+0.056%	$2K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0515%	8h	107.44	+0.047%	$61K	$76K	—	as long as short
Binance WMTUSDT	+0.0705%	8h	107.45	+0.056%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0712%	1h	107.42	+0.025%	$23K	$115K	10x	as long as short