Funding you earn now, next payment 09:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.010%
Price spread now: Bybit against QFEX+0.074%7-day average +0.073% · 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−$125as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
Funding, last 4 days (all we have)−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.074%, 7d avg +0.073%
=The price spread sits at its 7-day average of +0.073%, 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 | 108.06 | 0.0039 | pay 0.0005% / 1h | 3m 56s | $1.1M | $2.5M | 10x |
| Short | Bybit WMTUSDT | 108.14 | 0 | get 0.0000% / 8h | 7h 03m | $120K | $15K | 50x |
QFEX WMT-USD
Bybit WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$8.22
- Price spread: +0.074% → +0.073%
- $0.12
- Slippage, 4 orders
- −$103.69
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$132.79
- Costs to cover
- 1.247%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Bybit: 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, 4 min ago | 27.30 bp | 33.2 bp −$33 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 11.10 bp | 31.0 bp −$31 | doesn't fit | 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 | 107.96 | −0.097% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 108.08 | +0.022% | $23K | $89K | 10x | as long as short |
| Binance WMTUSDT | 0.0000% | 8h | 108.11 | +0.050% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDTshort | 0.0000% | 8h | 108.14 | +0.074% | $120K | $15K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 108.05 | −0.009% | $81K | $31K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 108.01 | −0.046% | $810K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 108.05 | −0.009% | $546K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 108.10 | +0.034% | $60K | $63K | — | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.56 | +0.463% | $5K | $344K | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −1.148% | $3K | $26K | 12x | as long as short |
Aster WMTUSDT
Extended WMT-USD
Binance WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
HTX WMT-USDT
Injective WMT/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WMT-USDlong | +0.0039% | 1h | 108.06 | long leg | $1.1M | $2.5M | 10x | |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.95 | −0.102% | $34K | $568K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 108.11 | +0.046% | $1K | $2.7M | 10x | as long as short |
| edgeX WMTUSDC | +0.0131% | 4h | 108.07 | +0.012% | $15K | $255K | 10x | as long as short |
| GRVT WMT_USDT_Perp | +0.0467% | 8h | 108.07 | +0.006% | $609 | $134K | 10x | as long as short |
KuCoin WMTUSDTM
SunX WMT-USDT
edgeX WMTUSDC
GRVT WMT_USDT_Perp