WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0517%/8h= +56.6% APRnext payment +$0.65 per $10,000 · paid last 24h +0.032%

Price spread now: Extended against QFEX−0.017%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$510.507% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.034%+$3 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.017%, 7d avg −0.015%

Together, before fees+0.013%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.034% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.65 per $10,000. 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	QFEX WMT-USD	107.53	0.0019	pay 0.0002% / 1h	20m 34s	$1.1M	$2.7M	10x
Short	Extended WMT-USD	107.51	0.0536	get 0.0067% / 1h	20m 34s	$23K	$115K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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 QFEXbpFee ExtendedbpOrdersPrice spread, now −0.017%Rate

Funding earned: $108.51
Price spread: −0.017% → −0.015%: −$0.22
Slippage, 4 orders: −$35.72
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $57.57
Costs to cover: 0.507%
Break-even: 3.3 days

Slippage from QFEX: live order book, 2 min ago; Extended: live order book, 45 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, 2 min ago	4.65 bp	10.0 bp −$10	24.1 bp −$241	doesn't fit	doesn't fit
Sell Extended live order book, 45 min ago	0.47 bp	15.2 bp −$15	74.0 bp −$740	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	107.44	−0.088%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.58	+0.046%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.59	+0.056%	$82K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.47	−0.056%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.50	−0.028%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.51	−0.018%	$600	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.08	+0.511%	$5K	$350K	20x	as long as short
QFEX WMT-USDlong	+0.0019%	1h	107.53	long leg	$1.1M	$2.7M	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.660%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.45	−0.074%	$33K	$750K	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	107.52	−0.009%	$2K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0369%	8h	107.51	−0.022%	$61K	$77K	—	as long as short
Binance WMTUSDT	+0.0534%	8h	107.54	+0.009%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USDshort	+0.0536%	1h	107.51	−0.017%	$23K	$115K	10x
edgeX WMTUSDC	+0.0616%	4h	107.50	−0.027%	$15K	$255K	10x	as long as short