Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate+0.046%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1401.402% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.046%, 7d avg −0.005%

Together, before fees−0.065%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.051% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WMT_USDT	107.73	0	get 0.0000% / 8h	5h 51m	$808K	$28K	25x
Short	Bitget WMTUSDT	107.78	0	get 0.0000% / 8h	5h 51m	$552K	$100K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → −0.005%: $5.12
Slippage, 4 orders: −$113.2
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$135.08
Costs to cover: 1.402%
Break-even: never at this rate

Slippage from Gate: live order book, 58 min ago; Bitget: live order book, 56 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 Gate live order book, 58 min ago	3.24 bp	13.4 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 56 min ago	2.78 bp	20.2 bp −$20	55.0 bp −$550	doesn't fit	doesn't fit

WMT on 15 exchanges

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 WMTUSDC	−0.0274%	4h	107.80	+0.065%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.82	+0.082%	$4K	$76	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.78	+0.046%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.88	+0.139%	$83K	$34K	10x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.73	long leg	$808K	$28K	25x
Bitget WMTUSDTshort	0.0000%	8h	107.78	+0.046%	$552K	$100K	50x
Variational Omni WMT	0.0000%	8h	107.79	+0.059%	$59K	$63K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.40	+0.622%	$5K	$342K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.845%	$3K	$26K	12x	as long as short
Extended WMT-USD	+0.0048%	1h	107.78	+0.050%	$23K	$89K	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WMTUSDT	+0.0049%	8h	107.82	+0.084%	$1.6M	$1.1M	20x	as long as short
QFEX WMT-USD	+0.0080%	1h	107.79	+0.056%	$1.1M	$2.4M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.74	+0.009%	$34K	$643K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.82	+0.084%	$1K	$2.6M	10x	as long as short
GRVT WMT_USDT_Perp	+0.0255%	8h	107.84	+0.102%	$482	$133K	10x	as long as short