WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.6% APRnext payment +$1.70 per $10,000 · paid last 24h −0.016%

Price spread now: Binance against SunX+0.002%46s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$169as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1551.553% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.133%−$13 on $10k

Price spread, last 2 days (all we have)−0.005%$0 · spread now +0.002%, 7d avg 0.000%

Together, before fees−0.138%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.133%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WMT-USDT	107.55	0.0100	pay 0.0100% / 8h	2h 27m	$1K	$3.0M	10x
Short	Binance WMTUSDT	107.55	0.0270	get 0.0270% / 8h	2h 27m	$1.6M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.002%Rate

Funding earned: $35.71
Price spread: +0.002% → 0.000%: $0.18
Slippage, 4 orders: −$137.28
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$119.39
Costs to cover: 1.553%
Break-even: 30.4 days

Slippage from SunX: live order book, 10 min ago; Binance: live order book, 6 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 SunX live order book, 10 min ago	46.02 bp	64.4 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.39 bp	13.0 bp −$13	45.7 bp −$457	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
edgeX WMTUSDC	−0.0637%	4h	107.58	+0.030%	$15K	$256K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.34	−0.199%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.64	+0.084%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.71	+0.149%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.52	−0.028%	$815K	$21K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.45	−0.093%	$538K	$120K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.59	+0.037%	$61K	$79K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.05	+0.465%	$5K	$345K	20x	as long as short
QFEX WMT-USD	+0.0024%	1h	107.53	−0.019%	$1.1M	$2.2M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.679%	$3K	$26K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WMTUSDTM	+0.0100%	8h	107.51	−0.037%	$33K	$898K	20x	as long as short
SunX WMT-USDTlong	+0.0100%	8h	107.55	long leg	$1K	$3.0M	10x
Extended WMT-USD	+0.0264%	1h	107.54	−0.011%	$23K	$115K	10x	as long as short
Binance WMTUSDTshort	+0.0270%	8h	107.55	+0.002%	$1.6M	$1.1M	20x
GRVT WMT_USDT_Perp	+0.0477%	8h	107.57	+0.020%	$264	$132K	10x	as long as short