Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.042%
Price spread now: Extended against Injective+1.207%80s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Extended is 1.207% dearer against Injective than usual: you sell high and buy low (spread +1.207% now, against zero (this spread has no 7-day history yet)): +$121 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. The two prices were read 80 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 | Injective WMT/USDC PERP | 106.82 | 0.0033 | pay 0.0004% / 1h | 3m 49s | $3K | $26K | 12x |
| Short | Extended WMT-USD | 108.11 | 0 | get 0.0000% / 1h | 3m 49s | $23K | $115K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7
- Price spread: +1.207% → 0.000%
- $120.69
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $108.67
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 42 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 42 min ago | 0.46 bp | 15.5 bp −$16 | 81.2 bp −$812 | doesn't fit | doesn't fit |
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 | 108.02 | +1.123% | $4K | $76 | 20x | as long as short |
| Extended WMT-USDshort | 0.0000% | 1h | 108.11 | +1.207% | $23K | $115K | 10x | |
| Binance WMTUSDT | 0.0000% | 8h | 108.14 | +1.236% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 108.21 | +1.301% | $119K | $14K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 108.32 | +1.404% | $81K | $35K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 108.08 | +1.180% | $810K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 108.11 | +1.208% | $543K | $94K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 108.14 | +1.237% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 108.14 | +1.238% | $111 | $134K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.52 | +1.591% | $5K | $347K | 20x | 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 PERPlong | +0.0033% | 1h | 106.82 | long leg | $3K | $26K | 12x | |
| QFEX WMT-USD | +0.0045% | 1h | 108.13 | +1.226% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 108.05 | +1.151% | $34K | $554K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 108.15 | +1.245% | $2K | $2.9M | 10x | as long as short |
| edgeX WMTUSDC | +0.0128% | 4h | 108.15 | +1.249% | $15K | $255K | 10x | as long as short |
Injective WMT/USDC PERP
Extended WMT-USD
Aster WMTUSDT
Binance WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
KuCoin WMTUSDTM
SunX WMT-USDT
edgeX WMTUSDC