Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against SunX−0.046%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4664.661% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now −0.046%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX WMT-USDT | 107.53 | 0.0100 | pay 0.0100% / 8h | 6h 26m | $1K | $2.9M | 10x |
| Short | Gate WMT_USDT | 107.48 | 0 | get 0.0000% / 8h | 6h 26m | $814K | $20K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SunX. 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
- −$21
- Price spread: −0.046% → −0.038%
- −$0.82
- Slippage, 4 orders
- −$443.12
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$487.94
- Costs to cover
- 4.661%
- Break-even
- never at this rate
Slippage from SunX: live order book, 11 min ago; Gate: live order book, 40 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, 11 min ago | 46.05 bp | 64.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 1.86 bp | 323.0 bp −$323 | 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 | 107.43 | −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_USDTshort | 0.0000% | 8h | 107.48 | −0.046% | $814K | $20K | 25x | |
| Bitget WMTUSDT | 0.0000% | 8h | 107.51 | −0.019% | $541K | $94K | 50x | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.52 | −0.007% | $286 | $126K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.85 | +0.298% | $5K | $350K | 20x | as long as short |
| QFEX WMT-USD | +0.0019% | 1h | 107.54 | +0.009% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.660% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.50 | −0.028% | $34K | $754K | 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-USDTlong | +0.0100% | 8h | 107.53 | long leg | $1K | $2.9M | 10x | |
| edgeX WMTUSDC | +0.0295% | 4h | 107.52 | −0.012% | $15K | $254K | 10x | as long as short |
| Variational Omni WMT | +0.0405% | 8h | 107.51 | −0.020% | $61K | $77K | — | as long as short |
| Binance WMTUSDT | +0.0559% | 8h | 107.55 | +0.019% | $1.6M | $1.0M | 20x | as long as short |
| Extended WMT-USD | +0.0560% | 1h | 107.52 | −0.008% | $23K | $115K | 10x | as long as short |
SunX WMT-USDT
Gate WMT_USDT
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Bitget WMTUSDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERP
KuCoin WMTUSDTM
edgeX WMTUSDC
Variational Omni WMT
Binance WMTUSDT
Extended WMT-USD