Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h +0.002%

Price spread now: OKX against QFEX+0.251%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. OKX is 0.251% dearer against QFEX than usual: you sell high and buy low (spread +0.251% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX WMT-USD	107.66	0.0037	pay 0.0005% / 1h	56m 02s	$1.1M	$2.4M	10x
Short	OKX WMT-USDT-SWAP	107.93	0	get 0.0000% / 8h	4h 56m	$84K	$35K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against QFEX. 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 QFEXbpFee OKXbpOrdersPrice spread, now +0.251%Rate

Funding earned: −$7.86
Price spread: +0.251% → 0.000%: $25.08
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$2.78
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: QFEX: live order book, 5 min ago; OKX: no order-book sample. 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 QFEX live order book, 5 min ago	2.32 bp	7.8 bp −$8	18.0 bp −$180	doesn't fit	doesn't fit
Sell OKX no order-book sample	—	—	—	—	—

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 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
Aster WMTUSDT	0.0000%	8h	107.74	+0.072%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.64	−0.020%	$23K	$89K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	107.68	+0.017%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.71	+0.046%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAPshort	0.0000%	8h	107.93	+0.251%	$84K	$35K	10x
Gate WMT_USDT	0.0000%	8h	107.63	−0.028%	$807K	$27K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.65	−0.009%	$551K	$101K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.76	+0.094%	$60K	$62K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.78	+0.109%	$331	$138K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.06	+0.372%	$5K	$340K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.780%	$3K	$26K	12x	as long as short
QFEX WMT-USDlong	+0.0037%	1h	107.66	long leg	$1.1M	$2.4M	10x
KuCoin WMTUSDTM	+0.0100%	8h	107.67	+0.009%	$33K	$694K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.67	+0.009%	$1K	$2.6M	10x	as long as short
edgeX WMTUSDC	+0.0406%	4h	107.75	+0.084%	$15K	$254K	10x	as long as short