Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.007%

Price spread now: QFEX against OKX0.000%7-day average — · you sell dearer than you buy

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

Long on OKX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

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	2h 04m	$82K	$34K	20x
Short	QFEX WMT-USD	107.58	0.0024	get 0.0003% / 1h	4m 57s	$1.1M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $5.06
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$14.94
Costs to cover: 0.200%
Break-even: 27.7 days

Slippage unknown: OKX: no order-book sample; QFEX: live order book, 7 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 QFEX live order book, 7 min ago	1.86 bp	11.0 bp −$11	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
edgeX WMTUSDC	−0.0441%	4h	107.57	−0.006%	$15K	$254K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.33	−0.234%	$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	107.78	+0.186%	$6K	$346K	20x	as long as short
QFEX WMT-USDshort	+0.0024%	1h	107.58	0.000%	$1.1M	$2.4M	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.706%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.64	+0.056%	$33K	$893K	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	107.57	−0.009%	$1K	$3.0M	10x	as long as short
Variational Omni WMT	+0.0112%	8h	107.57	−0.009%	$61K	$79K	—	as long as short
Binance WMTUSDT	+0.0374%	8h	107.58	−0.004%	$1.6M	$1.1M	20x	as long as short
Extended WMT-USD	+0.0376%	1h	107.56	−0.015%	$23K	$115K	10x	as long as short
GRVT WMT_USDT_Perp	+0.0606%	8h	107.57	−0.010%	$427	$131K	10x	as long as short