Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.007%

Price spread now: OKX against QFEX+0.046%7-day average — · you sell dearer than you buy

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

Long on QFEX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. OKX is 0.046% dearer against QFEX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX WMT-USD	107.53	0.0024	pay 0.0003% / 1h	0m 23s	$1.1M	$2.4M	10x
Short	OKX WMT-USDT-SWAP	107.58	0	get 0.0000% / 8h	2h 00m	$82K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$5.06
Price spread: +0.046% → 0.000%: $4.65
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$20.41
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 2 min ago; OKX: no order-book sample. 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, 2 min ago	2.32 bp	9.2 bp −$9	20.0 bp −$200	doesn't fit	doesn't fit
Sell OKX no order-book sample	—	—	—	—	—

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	−0.0086%	4h	107.55	+0.023%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.33	−0.185%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.67	+0.130%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAPshort	0.0000%	8h	107.58	+0.046%	$82K	$34K	20x
Gate WMT_USDT	0.0000%	8h	107.47	−0.056%	$814K	$21K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.54	+0.009%	$539K	$120K	50x	as long as short
HTX WMT-USDT	0.0000%	8h	108.04	+0.474%	$5K	$346K	20x	as long as short
QFEX WMT-USDlong	+0.0024%	1h	107.53	long leg	$1.1M	$2.4M	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.660%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.60	+0.065%	$33K	$892K	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%	$1K	$3.1M	10x	as long as short
Variational Omni WMT	+0.0131%	8h	107.57	+0.034%	$61K	$79K	—	as long as short
Binance WMTUSDT	+0.0396%	8h	107.54	+0.009%	$1.6M	$1.1M	20x	as long as short
Extended WMT-USD	+0.0400%	1h	107.53	−0.003%	$23K	$115K	10x	as long as short
GRVT WMT_USDT_Perp	+0.0630%	8h	107.57	+0.036%	$416	$131K	10x	as long as short