Funding you earn now, next payment 23:00 UTC+0.0552%/8h= +60.4% APRpaid last 24h −0.001%
Price spread now: Extended against OKX−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.041% in total) that is about 4.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 20m | $82K | $34K | 20x |
| Short | Extended WMT-USD | 107.55 | 0.0552 | get 0.0069% / 1h | 20m 43s | $23K | $115K | 10x |
OKX WMT-USDT-SWAP
Extended WMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $115.92
- Price spread: −0.027% → 0.000%
- −$2.69
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $98.23
- Costs to cover
- 0.150%
- Break-even
- 1.1 days
Slippage unknown: OKX: no order-book sample; Extended: live order book, 60 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 Extended live order book, 60 min ago | 1.40 bp | 12.4 bp −$12 | 66.9 bp −$669 | 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 | −0.212% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.67 | +0.084% | $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 | 108.23 | +0.604% | $5K | $349K | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.706% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0041% | 1h | 107.56 | −0.019% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.60 | +0.019% | $33K | $864K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.57 | −0.009% | $1K | $3.0M | 10x | as long as short |
Aster WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
HTX WMT-USDT
Injective WMT/USDC PERP
QFEX WMT-USD
KuCoin WMTUSDTM
SunX WMT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX WMTUSDC | +0.0213% | 4h | 107.54 | −0.042% | $15K | $254K | 10x | as long as short |
| Variational Omni WMT | +0.0288% | 8h | 107.56 | −0.017% | $61K | $79K | — | as long as short |
| Extended WMT-USDshort | +0.0552% | 1h | 107.55 | −0.027% | $23K | $115K | 10x | |
| Binance WMTUSDT | +0.0559% | 8h | 107.57 | −0.007% | $1.6M | $1.1M | 20x | as long as short |
| GRVT WMT_USDT_Perp | +0.0778% | 8h | 107.55 | −0.026% | $694 | $130K | 10x | as long as short |
edgeX WMTUSDC
Variational Omni WMT
Binance WMTUSDT
GRVT WMT_USDT_Perp