WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0748%/8h= +82.0% APRnext payment +$7.48 per $10,000 · paid last 24h +0.070%

Price spread now: Binance against SunX+0.019%56s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$157as 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−$1521.523% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 2 days (all we have)−0.028%−$3 · spread now +0.019%, 7d avg 0.000%

Together, before fees−0.075%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.48 per $10,000. 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	SunX WMT-USDT	107.49	0.0100	pay 0.0100% / 8h	7h 49m	$715	$3.0M	10x
Short	Binance WMTUSDT	107.51	0.0848	get 0.0848% / 8h	7h 49m	$1.6M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.019%Rate

Funding earned: $157.18
Price spread: +0.019% → 0.000%: $1.84
Slippage, 4 orders: −$134.3
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $6.72
Costs to cover: 1.523%
Break-even: 6.7 days

Slippage from SunX: live order book, 8 min ago; Binance: live order book, 14 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 SunX live order book, 8 min ago	45.56 bp	64.0 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.93 bp	10.0 bp −$10	44.5 bp −$445	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	107.38	−0.099%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.57	+0.074%	$118K	$12K	50x	as long as short
Gate WMT_USDT	0.0000%	8h	107.43	−0.056%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.46	−0.028%	$540K	$102K	50x	as long as short
HTX WMT-USDT	0.0000%	8h	107.86	+0.344%	$6K	$347K	20x	as long as short
QFEX WMT-USD	+0.0030%	1h	107.49	0.000%	$1.1M	$2.8M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.623%	$3K	$26K	12x	as long as short
GRVT WMT_USDT_Perp	+0.0039%	8h	107.54	+0.047%	$872	$127K	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.42	−0.065%	$33K	$807K	20x	as long as short
SunX WMT-USDTlong	+0.0100%	8h	107.49	long leg	$715	$3.0M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WMT-USDT-SWAP	+0.0107%	8h	107.71	+0.205%	$82K	$33K	20x	as long as short
edgeX WMTUSDC	+0.0303%	4h	107.50	+0.005%	$15K	$255K	10x	as long as short
Variational Omni WMT	+0.0649%	8h	107.48	−0.011%	$61K	$77K	—	as long as short
Binance WMTUSDTshort	+0.0848%	8h	107.51	+0.019%	$1.6M	$1.0M	20x
Extended WMT-USD	+0.0856%	1h	107.49	−0.002%	$23K	$115K	10x	as long as short