Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.4% APRpaid last 24h +0.081%
Price spread now: edgeX against Bybit−0.097%111s7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.097%, 7d avg −0.059%
=Together, before fees+0.094%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.039% cheaper against Bybit than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.059%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WMTUSDT | 107.67 | 0 | get 0.0000% / 8h | 3h 43m | $118K | $12K | 50x |
| Short | edgeX WMTUSDC | 107.57 | 0.0195 | get 0.0097% / 4h | 3h 43m | $15K | $256K | 10x |
Bybit WMTUSDT
edgeX WMTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $40.95
- Price spread: −0.097% → −0.059%
- −$3.86
- Slippage, 4 orders
- −$62.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$45.47
- Costs to cover
- 0.826%
- Break-even
- 14.8 days
Slippage from Bybit: live order book, 56 min ago; edgeX: live order book, 9 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 Bybit live order book, 56 min ago | 6.51 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 9 min ago | 6.05 bp | 13.2 bp −$13 | 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 | 107.48 | −0.177% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDTlong | 0.0000% | 8h | 107.67 | long leg | $118K | $12K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.55 | −0.111% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.52 | −0.139% | $814K | $26K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.59 | −0.074% | $541K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.57 | −0.096% | $61K | $74K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.50 | −0.158% | $829 | $129K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.87 | +0.186% | $5K | $351K | 20x | as long as short |
| QFEX WMT-USD | +0.0008% | 1h | 107.57 | −0.093% | $1.1M | $2.6M | 10x | as long as short |
| Binance WMTUSDT | +0.0017% | 8h | 107.61 | −0.060% | $1.6M | $1.1M | 20x | as long as short |
Aster WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
QFEX WMT-USD
Binance WMTUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended WMT-USD | +0.0024% | 1h | 107.58 | −0.085% | $23K | $115K | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.789% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.54 | −0.121% | $33K | $627K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.57 | −0.093% | $2K | $2.9M | 10x | as long as short |
| edgeX WMTUSDCshort | +0.0195% | 4h | 107.57 | −0.097% | $15K | $256K | 10x |
Extended WMT-USD
Injective WMT/USDC PERP
KuCoin WMTUSDTM
SunX WMT-USDT