WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.065%

Price spread now: GRVT against SunX+0.006%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1781.785% of the position

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.006%, 7d avg −0.014%

Together, before fees−0.049%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.020% dearer against SunX than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.014%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WMT-USDT	107.51	0.0100	pay 0.0100% / 8h	6h 22m	$1K	$2.9M	10x
Short	GRVT WMT_USDT_Perp	107.52	0	get 0.0000% / 8h	6h 22m	$600	$126K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$21
Price spread: +0.006% → −0.014%: $2.03
Slippage, 4 orders: −$161.49
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$197.46
Costs to cover: 1.785%
Break-even: never at this rate

Slippage from SunX: live order book, 5 min ago; GRVT: 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, 5 min ago	45.56 bp	64.1 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 40 min ago	2.79 bp	23.6 bp −$24	57.1 bp −$571	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	−0.0074%	4h	107.52	+0.011%	$15K	$254K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.42	−0.080%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.58	+0.065%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.59	+0.074%	$82K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.49	−0.019%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.50	−0.009%	$540K	$94K	50x	as long as short
GRVT WMT_USDT_Perpshort	0.0000%	8h	107.52	+0.006%	$600	$126K	10x
HTX WMT-USDT	0.0000%	8h	107.80	+0.270%	$5K	$350K	20x	as long as short
QFEX WMT-USD	+0.0019%	1h	107.46	−0.047%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.642%	$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	107.46	−0.047%	$33K	$750K	20x	as long as short
SunX WMT-USDTlong	+0.0100%	8h	107.51	long leg	$1K	$2.9M	10x
Variational Omni WMT	+0.0385%	8h	107.52	+0.011%	$61K	$77K	—	as long as short
Extended WMT-USD	+0.0544%	1h	107.50	−0.008%	$23K	$115K	10x	as long as short
Binance WMTUSDT	+0.0545%	8h	107.53	+0.019%	$1.6M	$1.0M	20x	as long as short