Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.028%

Price spread now: edgeX against Extended+0.005%53s7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as 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−$570.574% of the position

Long on Extended Short on edgeX

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)+0.044%+$4 · spread now +0.005%, 7d avg +0.019%

Together, before fees−0.103%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$10 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: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour. The two prices were read 53 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	Extended WMT-USD	107.56	0.0024	pay 0.0003% / 1h	44m 24s	$23K	$115K	10x
Short	edgeX WMTUSDC	107.57	0.0195	get 0.0097% / 4h	3h 44m	$15K	$256K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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 ExtendedbpFee edgeXbpOrdersPrice spread, now +0.005%Rate

Funding earned: $35.91
Price spread: +0.005% → +0.019%: −$1.46
Slippage, 4 orders: −$43.43
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$22.98
Costs to cover: 0.574%
Break-even: 11.5 days

Slippage from Extended: live order book, 6 min ago; edgeX: live order book, 8 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 Extended live order book, 6 min ago	0.47 bp	15.6 bp −$16	85.0 bp −$850	doesn't fit	doesn't fit
Sell edgeX live order book, 8 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	−0.077%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.67	+0.102%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	−0.010%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.52	−0.038%	$814K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.59	+0.028%	$541K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.57	+0.005%	$61K	$74K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.50	−0.057%	$829	$129K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.86	+0.279%	$5K	$351K	20x	as long as short
QFEX WMT-USD	+0.0008%	1h	107.57	+0.009%	$1.1M	$2.6M	10x	as long as short
Binance WMTUSDT	+0.0022%	8h	107.59	+0.028%	$1.6M	$1.1M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended WMT-USDlong	+0.0024%	1h	107.56	long leg	$23K	$115K	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.688%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.54	−0.019%	$34K	$627K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.57	+0.009%	$2K	$2.9M	10x	as long as short
edgeX WMTUSDCshort	+0.0195%	4h	107.57	+0.005%	$15K	$256K	10x