Settings8H · net · $10k
Funding arb · Price arb /

WMT

RWAall WMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0326%/8h= −35.7% APRpaid last 24h −0.030%
Price spread now: Extended against edgeX−0.029%73s7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.029%, 7d avg −0.019%
Together, before fees+0.137%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.146%, so the current rate has only just turned against you. The two prices were read 73 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 0.146% in total (about 7.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX WMTUSDC107.980.0326pay 0.0163% / 4h2h 26m$15K$254K10x
ShortExtended WMT-USD107.950get 0.0000% / 1h26m 16s$23K$115K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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

Funding earned
−$68.41
Price spread: −0.029% → −0.019%
−$1.01
Slippage, 4 orders
−$42.7
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$126.12
Costs to cover
0.567%
Break-even
never at this rate
Slippage from edgeX: live order book, 21 min ago; Extended: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 21 min ago6.02 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 19 min ago0.46 bp15.5 bp −$1681.2 bp −$812doesn't fitdoesn't fit

WMT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WMTUSDT0.0000%8h107.99+0.011%$4K$7620xas long as short
Extended WMT-USDshort0.0000%1h107.95−0.029%$23K$115K10x
Binance WMTUSDT0.0000%8h107.98−0.001%$1.6M$1.1M20xas long as short
Bybit WMTUSDT0.0000%8h108.09+0.101%$118K$14K50xas long as short
OKX WMT-USDT-SWAP0.0000%8h108.20+0.203%$81K$35K20xas long as short
Gate WMT_USDT0.0000%8h107.93−0.047%$809K$28K25xas long as short
Bitget WMTUSDT0.0000%8h108.01+0.027%$543K$94K50xas long as short
Variational Omni WMT0.0000%8h108.00+0.016%$61K$76Kas long as short
GRVT WMT_USDT_Perp0.0000%8h107.99+0.004%$517$134K10xas long as short
HTX WMT-USDT0.0000%8h108.15+0.156%$5K$348K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WMT/USDC PERP+0.0033%1h106.82−1.075%$3K$26K12xas long as short
QFEX WMT-USD+0.0045%1h107.95−0.029%$1.1M$2.6M10xas long as short
KuCoin WMTUSDTM+0.0100%8h107.96−0.020%$34K$566K20xas long as short
SunX WMT-USDT+0.0100%8h107.98−0.001%$1K$2.9M10xas long as short
edgeX WMTUSDClong+0.0326%4h107.98long leg$15K$254K10x