Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0277%/8h= +30.3% APRpaid last 24h −0.098%

Price spread now: KuCoin against edgeX−0.070%113s7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,517as 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−$1,54015.396% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.228%+$23 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.070%, 7d avg −0.106%

Together, before fees+0.226%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.037% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.106%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WMTUSDC	107.45	−0.0177	get 0.0088% / 4h	7m 44s	$15K	$254K	10x
Short	KuCoin WMTUSDTM	107.37	0.0100	get 0.0100% / 8h	4h 07m	$33K	$646K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.070%Rate

Funding earned: $58.14
Price spread: −0.070% → −0.106%: $3.65
Slippage, 4 orders: −$1,518.64
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,477.85
Costs to cover: 15.396%
Break-even: 184.9 days

Slippage from edgeX: live order book, 50 min ago; KuCoin: live order book, 6 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 edgeX live order book, 50 min ago	6.52 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	13.97 bp	857.9 bp −$858	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 WMTUSDClong	−0.0177%	4h	107.45	long leg	$15K	$254K	10x
Aster WMTUSDT	0.0000%	8h	107.33	−0.103%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.55	+0.098%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	+0.098%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.40	−0.042%	$813K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.45	+0.004%	$540K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.45	0.000%	$60K	$76K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.42	−0.019%	$405	$128K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.64	+0.181%	$5K	$351K	20x	as long as short
QFEX WMT-USD	+0.0010%	1h	107.44	−0.005%	$1.1M	$2.6M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.582%	$3K	$26K	12x	as long as short
Binance WMTUSDT	+0.0078%	8h	107.47	+0.023%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0080%	1h	107.44	−0.006%	$23K	$115K	10x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.37	−0.070%	$33K	$646K	20x
SunX WMT-USDT	+0.0100%	8h	107.45	+0.004%	$1K	$2.9M	10x	as long as short