Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.018%

Price spread now: edgeX against OKX−0.023%81s7-day average — · you buy dearer than you sell

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

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

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

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

Funding pays, the price is against you. edgeX is 0.023% cheaper against OKX than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.206%, so the current rate has only just turned in your favour. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WMT-USDT-SWAP	107.58	0	get 0.0000% / 8h	1h 16m	$82K	$34K	20x
Short	edgeX WMTUSDC	107.56	0.0023	get 0.0012% / 4h	1h 16m	$15K	$255K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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 OKXbpFee edgeXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $4.86
Price spread: −0.023% → 0.000%: −$2.28
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$16.42
Costs to cover: 0.190%
Break-even: 30.6 days

Slippage unknown: OKX: no order-book sample; edgeX: live order book, 1 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 OKX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 1 min ago	8.37 bp	23.9 bp −$24	doesn't fit	doesn't fit	doesn't fit

OKX: 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
Aster WMTUSDT	0.0000%	8h	107.35	−0.210%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.69	+0.102%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAPlong	0.0000%	8h	107.58	long leg	$82K	$34K	20x
Gate WMT_USDT	0.0000%	8h	107.51	−0.065%	$814K	$21K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.54	−0.037%	$539K	$120K	50x	as long as short
HTX WMT-USDT	0.0000%	8h	108.06	+0.446%	$5K	$349K	20x	as long as short
edgeX WMTUSDCshort	+0.0023%	4h	107.56	−0.023%	$15K	$255K	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.706%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0041%	1h	107.51	−0.065%	$1.1M	$2.6M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.52	−0.056%	$33K	$860K	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	107.55	−0.028%	$1K	$3.0M	10x	as long as short
Variational Omni WMT	+0.0309%	8h	107.56	−0.022%	$61K	$79K	—	as long as short
Extended WMT-USD	+0.0576%	1h	107.54	−0.036%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0577%	8h	107.56	−0.018%	$1.6M	$1.1M	20x	as long as short
GRVT WMT_USDT_Perp	+0.0794%	8h	107.56	−0.023%	$694	$130K	10x	as long as short