Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against SunX+0.028%7-day average −0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,641as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,626as in the Price arb table

costs, in and out, $10k−$1,64116.408% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.028%, 7d avg −0.115%

Together, before fees−0.199%−$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.143% dearer against SunX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.115%.

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	3h 48m	$2K	$2.9M	10x
Short	KuCoin WMTUSDTM	107.54	0.0100	get 0.0100% / 8h	3h 48m	$33K	$630K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → −0.115%: $14.33
Slippage, 4 orders: −$1,620.83
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,626.5
Costs to cover: 16.408%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 25 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, 9 min ago	45.13 bp	63.5 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 25 min ago	13.97 bp	857.9 bp −$858	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	−0.076%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.64	+0.121%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	+0.037%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.41	−0.093%	$813K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.43	−0.074%	$540K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.48	−0.031%	$61K	$74K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.47	−0.037%	$305	$128K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.71	+0.186%	$5K	$351K	20x	as long as short
QFEX WMT-USD	+0.0008%	1h	107.50	−0.009%	$1.1M	$2.6M	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
Binance WMTUSDT	+0.0036%	8h	107.58	+0.065%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0040%	1h	107.55	+0.038%	$23K	$115K	10x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.54	+0.028%	$33K	$630K	20x
SunX WMT-USDTlong	+0.0100%	8h	107.51	long leg	$2K	$2.9M	10x
edgeX WMTUSDC	+0.0536%	4h	107.47	−0.042%	$15K	$255K	10x	as long as short