Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.001%
Price spread now: SunX against OKX−0.120%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+0.181%+$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. SunX is 0.120% cheaper against OKX than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WMT-USDT-SWAP | 108.12 | 0 | get 0.0000% / 8h | 18m 00s | $81K | $34K | 20x |
| Short | SunX WMT-USDT | 107.99 | 0.0100 | get 0.0100% / 8h | 18m 00s | $1K | $2.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.120% → 0.000%
- −$12.02
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$9.02
- Costs to cover
- 0.180%
- Break-even
- 10.0 days
Slippage unknown: OKX: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago | 46.29 bp | 64.8 bp −$65 | 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 | −0.0187% | 4h | 107.99 | −0.122% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.91 | −0.196% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 107.97 | −0.136% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | 0.0000% | 8h | 108.00 | −0.111% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 108.08 | −0.037% | $120K | $15K | 50x | as long as short |
| OKX WMT-USDT-SWAPlong | 0.0000% | 8h | 108.12 | long leg | $81K | $34K | 20x | |
| Gate WMT_USDT | 0.0000% | 8h | 107.93 | −0.176% | $809K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.97 | −0.139% | $545K | $95K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.99 | −0.124% | $61K | $75K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 108.01 | −0.104% | $862 | $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 | 108.49 | +0.342% | $5K | $344K | 20x | as long as short |
| QFEX WMT-USD | +0.0013% | 1h | 107.99 | −0.120% | $1.1M | $2.6M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −1.202% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.90 | −0.203% | $34K | $516K | 20x | as long as short |
| SunX WMT-USDTshort | +0.0100% | 8h | 107.99 | −0.120% | $1K | $2.9M | 10x |
OKX WMT-USDT-SWAP
SunX WMT-USDT
edgeX WMTUSDC
Aster WMTUSDT
Extended WMT-USD
Binance WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERP
KuCoin WMTUSDTM