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: Gate against Bitget−0.028%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1561.559% of the position

Long on Bitget Short on Gate

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)+0.019%+$2 · spread now −0.028%, 7d avg +0.009%

Together, before fees+0.019%+$2 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: Gate is 0.037% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WMTUSDT	107.46	0	get 0.0000% / 8h	7h 31m	$540K	$97K	50x
Short	Gate WMT_USDT	107.43	0	get 0.0000% / 8h	7h 31m	$814K	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.028%Rate

Funding earned: $0
Price spread: −0.028% → +0.009%: −$3.68
Slippage, 4 orders: −$128.85
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$159.54
Costs to cover: 1.559%
Break-even: never at this rate

Slippage from Bitget: live order book, 39 min ago; Gate: live order book, 41 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 Bitget live order book, 39 min ago	1.39 bp	16.0 bp −$16	30.5 bp −$305	doesn't fit	doesn't fit
Sell Gate live order book, 41 min ago	3.26 bp	107.0 bp −$107	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
edgeX WMTUSDC	−0.0215%	4h	107.46	−0.004%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.41	−0.046%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.43	−0.028%	$118K	$12K	50x	as long as short
Gate WMT_USDTshort	0.0000%	8h	107.43	−0.028%	$814K	$20K	25x
Bitget WMTUSDTlong	0.0000%	8h	107.46	long leg	$540K	$97K	50x
GRVT WMT_USDT_Perp	0.0000%	8h	107.45	−0.007%	$618	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.39	−0.065%	$5K	$347K	20x	as long as short
QFEX WMT-USD	+0.0030%	1h	107.46	0.000%	$1.1M	$2.8M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.596%	$3K	$26K	12x	as long as short
OKX WMT-USDT-SWAP	+0.0092%	8h	107.63	+0.158%	$82K	$34K	20x	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	107.50	+0.037%	$33K	$793K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.47	+0.009%	$1K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0596%	8h	107.46	+0.003%	$61K	$76K	—	as long as short
Binance WMTUSDT	+0.0800%	8h	107.48	+0.019%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0800%	1h	107.46	−0.002%	$23K	$115K	10x	as long as short