WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against SunX+0.037%46s7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$205as 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−$1841.839% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.037%, 7d avg +0.052%

Together, before fees−0.369%−$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 46 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	SunX WMT-USDT	107.57	0.0100	pay 0.0100% / 8h	3h 46m	$2K	$2.9M	10x
Short	Bybit WMTUSDT	107.61	0	get 0.0000% / 8h	3h 46m	$118K	$12K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$21
Price spread: +0.037% → +0.052%: −$1.47
Slippage, 4 orders: −$164.89
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$206.36
Costs to cover: 1.839%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; Bybit: live order book, 53 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, 11 min ago	45.13 bp	63.5 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 53 min ago	6.51 bp	29.1 bp −$29	doesn't fit	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
edgeX WMTUSDC	−0.0404%	4h	107.50	−0.062%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.46	−0.103%	$4K	$71	20x	as long as short
Bybit WMTUSDTshort	0.0000%	8h	107.61	+0.037%	$118K	$12K	50x
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	−0.019%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.45	−0.112%	$814K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.44	−0.121%	$540K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.48	−0.087%	$61K	$74K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.50	−0.066%	$829	$129K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.78	+0.195%	$5K	$351K	20x	as long as short
QFEX WMT-USD	+0.0008%	1h	107.56	−0.009%	$1.1M	$2.6M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WMTUSDT	+0.0029%	8h	107.58	+0.010%	$1.6M	$1.1M	20x	as long as short
Extended WMT-USD	+0.0032%	1h	107.55	−0.019%	$23K	$115K	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.697%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.54	−0.028%	$34K	$629K	20x	as long as short
SunX WMT-USDTlong	+0.0100%	8h	107.57	long leg	$2K	$2.9M	10x