Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.011%

Price spread now: HTX against QFEX+0.195%7-day average +0.103% · you sell dearer than you buy

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

Long on QFEX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.017%−$2 on $10k

Price spread, last 3 days (all we have)+0.045%+$5 · spread now +0.195%, 7d avg +0.103%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.092% dearer against QFEX than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of +0.103%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX WMT-USD	107.52	0.0029	pay 0.0004% / 1h	46m 23s	$1.1M	$2.7M	10x
Short	HTX WMT-USDT	107.73	0	get 0.0000% / 8h	46m 23s	$5K	$348K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.195%Rate

Funding earned: −$6.1
Price spread: +0.195% → +0.103%: $9.19
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$18.9
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 6 min ago; HTX: live order book, 31 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 QFEX live order book, 6 min ago	2.32 bp	7.3 bp −$7	13.8 bp −$138	doesn't fit	doesn't fit
Sell HTX live order book, 31 min ago	65.31 bp	doesn't fit	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	107.36	−0.147%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.69	+0.158%	$118K	$12K	50x	as long as short
Gate WMT_USDT	0.0000%	8h	107.50	−0.019%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.53	+0.009%	$540K	$122K	50x	as long as short
HTX WMT-USDTshort	0.0000%	8h	107.73	+0.195%	$5K	$348K	20x
QFEX WMT-USDlong	+0.0029%	1h	107.52	long leg	$1.1M	$2.7M	10x
OKX WMT-USDT-SWAP	+0.0030%	8h	107.58	+0.056%	$82K	$34K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.651%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.50	−0.019%	$33K	$839K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.57	+0.047%	$1K	$3.0M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX WMTUSDC	+0.0311%	4h	107.56	+0.040%	$15K	$255K	10x	as long as short
Variational Omni WMT	+0.0452%	8h	107.57	+0.048%	$61K	$79K	—	as long as short
Extended WMT-USD	+0.0704%	1h	107.52	+0.002%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0709%	8h	107.54	+0.015%	$1.6M	$1.1M	20x	as long as short
GRVT WMT_USDT_Perp	+0.0892%	8h	107.57	+0.046%	$805	$127K	10x	as long as short