Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.089%

Price spread now: Bitget against Binance−0.009%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$680.685% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.009%, 7d avg −0.040%

Together, before fees−0.098%−$10 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: Bitget is 0.030% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WMTUSDT	107.77	0	get 0.0000% / 8h	5h 06m	$1.6M	$1.2M	20x
Short	Bitget WMTUSDT	107.76	0	get 0.0000% / 8h	5h 06m	$552K	$100K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → −0.040%: $3.05
Slippage, 4 orders: −$46.47
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$65.42
Costs to cover: 0.685%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 36 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 Binance live order book, 5 min ago	0.93 bp	12.9 bp −$13	29.8 bp −$298	doesn't fit	doesn't fit
Sell Bitget live order book, 36 min ago	2.79 bp	20.0 bp −$20	52.4 bp −$524	doesn't fit	doesn't fit

WMT on 15 exchanges

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	−0.0898%	4h	107.75	−0.020%	$15K	$254K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.81	+0.035%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.74	−0.032%	$23K	$89K	10x	as long as short
Binance WMTUSDTlong	0.0000%	8h	107.77	long leg	$1.6M	$1.2M	20x
Bybit WMTUSDT	0.0000%	8h	107.71	−0.056%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.85	+0.074%	$83K	$35K	10x	as long as short
Gate WMT_USDT	0.0000%	8h	107.69	−0.074%	$807K	$28K	25x	as long as short
Bitget WMTUSDTshort	0.0000%	8h	107.76	−0.009%	$552K	$100K	50x
Variational Omni WMT	0.0000%	8h	107.75	−0.015%	$59K	$62K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.75	−0.019%	$330	$137K	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX WMT-USDT	0.0000%	8h	108.20	+0.399%	$5K	$341K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.882%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0080%	1h	107.67	−0.093%	$1.1M	$2.4M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.73	−0.037%	$34K	$682K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.77	0.000%	$2K	$2.6M	10x	as long as short