Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h −0.053%

Price spread now: QFEX against Variational Omni0.000%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on QFEX

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WMT	107.48	0.0240	pay 0.0240% / 8h	5h 37m	$61K	$77K	—
Short	QFEX WMT-USD	107.48	0.0017	get 0.0002% / 1h	37m 08s	$1.1M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Variational Omni. 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 Variational OmnibpFee QFEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$46.87
Price spread: 0.000% → 0.000%: −$0.01
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$56.88
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; QFEX: live order book, 5 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell QFEX live order book, 5 min ago	2.33 bp	8.2 bp −$8	13.2 bp −$132	doesn't fit	doesn't fit

Variational Omni: 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
Aster WMTUSDT	0.0000%	8h	107.42	−0.055%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.61	+0.121%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.63	+0.139%	$82K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.48	0.000%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.49	+0.009%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.51	+0.028%	$329	$125K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.65	+0.158%	$5K	$351K	20x	as long as short
QFEX WMT-USDshort	+0.0017%	1h	107.48	0.000%	$1.1M	$2.7M	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.614%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.46	−0.019%	$33K	$725K	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	107.50	+0.018%	$1K	$2.9M	10x	as long as short
Variational Omni WMTlong	+0.0240%	8h	107.48	long leg	$61K	$77K	—
Binance WMTUSDT	+0.0381%	8h	107.51	+0.025%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0384%	1h	107.48	−0.003%	$23K	$115K	10x	as long as short
edgeX WMTUSDC	+0.0790%	4h	107.48	+0.002%	$15K	$255K	10x	as long as short