Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.3% APRpaid last 24h +0.089%
Price spread now: Binance against QFEX+0.027%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 4 days (all we have)+0.109%+$11 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.027%, 7d avg +0.044%
=The price spread sits at its 7-day average of +0.044%, 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 | QFEX WMT-USD | 107.46 | 0.0008 | pay 0.0001% / 1h | 52m 30s | $1.1M | $2.6M | 10x |
| Short | Binance WMTUSDT | 107.49 | 0.0048 | get 0.0048% / 8h | 3h 52m | $1.6M | $1.0M | 20x |
QFEX WMT-USD
Binance WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- $8.33
- Price spread: +0.027% → +0.044%
- −$1.63
- Slippage, 4 orders
- −$69.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$82.33
- Costs to cover
- 0.890%
- Break-even
- 76.2 days
Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 11 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 QFEX live order book, 5 min ago | 27.46 bp | 33.4 bp −$33 | 37.7 bp −$377 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.40 bp | 12.9 bp −$13 | 42.1 bp −$421 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster WMTUSDT | 0.0000% | 8h | 107.38 | −0.071% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.60 | +0.130% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.55 | +0.084% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.40 | −0.056% | $813K | $26K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.43 | −0.028% | $540K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.42 | −0.041% | $61K | $75K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.45 | −0.009% | $394 | $127K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.80 | +0.316% | $5K | $352K | 20x | as long as short |
| QFEX WMT-USDlong | +0.0008% | 1h | 107.46 | long leg | $1.1M | $2.6M | 10x | |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.596% | $3K | $26K | 12x | as long as short |
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WMTUSDTshort | +0.0048% | 8h | 107.49 | +0.027% | $1.6M | $1.0M | 20x | |
| Extended WMT-USD | +0.0056% | 1h | 107.45 | −0.009% | $23K | $115K | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.46 | 0.000% | $33K | $633K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.47 | +0.009% | $2K | $2.9M | 10x | as long as short |
| edgeX WMTUSDC | +0.0211% | 4h | 107.46 | +0.002% | $15K | $254K | 10x | as long as short |
Extended WMT-USD
KuCoin WMTUSDTM
SunX WMT-USDT
edgeX WMTUSDC