Funding arb · Price arb /

WMT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0219%/8h= −23.9% APRpaid last 24h −0.118%

Price spread now: Injective against edgeX−0.578%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.578% cheaper against edgeX than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WMTUSDC	107.44	0.0252	pay 0.0126% / 4h	12m 33s	$15K	$256K	10x
Short	Injective WMT/USDC PERP	106.82	0.0033	get 0.0004% / 1h	12m 33s	$3K	$26K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee edgeXbpFee InjectivebpOrdersPrice spread, now −0.578%Rate

Funding earned: −$45.9
Price spread: −0.578% → 0.000%: −$57.77
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$112.69
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 45 min ago; Injective: no order-book sample. 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 edgeX live order book, 45 min ago	6.52 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	107.32	−0.113%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.54	+0.092%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	+0.102%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.40	−0.038%	$813K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.44	−0.001%	$540K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.44	0.000%	$60K	$76K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.42	−0.017%	$393	$128K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.07	+0.586%	$5K	$352K	20x	as long as short
QFEX WMT-USD	+0.0010%	1h	107.44	−0.001%	$1.1M	$2.6M	10x	as long as short
Injective WMT/USDC PERPshort	+0.0033%	1h	106.82	−0.578%	$3K	$26K	12x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WMTUSDT	+0.0084%	8h	107.46	+0.022%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0088%	1h	107.43	−0.005%	$23K	$115K	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.34	−0.094%	$33K	$651K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.45	+0.009%	$2K	$2.9M	10x	as long as short
edgeX WMTUSDClong	+0.0252%	4h	107.44	long leg	$15K	$256K	10x