Funding you earn now, next payment 08:00 UTC+0.0718%/8h= +78.6% APRpaid last 24h +0.052%
Price spread now: edgeX against OKX+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and edgeX is 0.052% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WMT-USDT-SWAP | 107.92 | 0 | get 0.0000% / 8h | 7m 21s | $81K | $34K | 20x |
| Short | edgeX WMTUSDC | 107.98 | 0.0718 | get 0.0359% / 4h | 7m 21s | $15K | $254K | 10x |
OKX WMT-USDT-SWAP
edgeX WMTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- $150.8
- Price spread: +0.052% → 0.000%
- $5.24
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $137.04
- Costs to cover
- 0.190%
- Break-even
- 0.6 days
Slippage unknown: OKX: no order-book sample; edgeX: live order book, 30 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 OKX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 30 min ago | 6.02 bp | 12.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
OKX: 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 | 107.89 | −0.030% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 107.97 | +0.049% | $23K | $89K | 10x | as long as short |
| Binance WMTUSDT | 0.0000% | 8h | 108.00 | +0.072% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 108.04 | +0.111% | $120K | $15K | 50x | as long as short |
| OKX WMT-USDT-SWAPlong | 0.0000% | 8h | 107.92 | long leg | $81K | $34K | 20x | |
| Gate WMT_USDT | 0.0000% | 8h | 107.93 | +0.009% | $809K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.95 | +0.028% | $545K | $96K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.98 | +0.052% | $61K | $75K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.97 | +0.046% | $268 | $136K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.57 | +0.602% | $5K | $344K | 20x | as long as short |
Aster WMTUSDT
Extended WMT-USD
Binance WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WMT-USD | +0.0013% | 1h | 107.98 | +0.056% | $1.1M | $2.6M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −1.019% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.85 | −0.065% | $34K | $518K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.98 | +0.056% | $1K | $2.9M | 10x | as long as short |
| edgeX WMTUSDCshort | +0.0718% | 4h | 107.98 | +0.052% | $15K | $254K | 10x |
QFEX WMT-USD
Injective WMT/USDC PERP
KuCoin WMTUSDTM
SunX WMT-USDT