Funding you earn now, next payment 00:00 UTC+0.0628%/8h= +68.8% APRpaid last 24h −0.006%
Price spread now: Extended against SunX−0.005%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1561.557% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)−0.104%−$10 · spread now −0.005%, 7d avg −0.028%
=Together, before fees−0.248%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Extended is 0.024% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.028%. Mind the row above: over the last 7 days funding on this pair cost −0.144%, 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 -0.144% in total (about -7.5% 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 | SunX WMT-USDT | 107.52 | 0.0100 | pay 0.0100% / 8h | 40m 52s | $2K | $3.0M | 10x |
| Short | Extended WMT-USD | 107.52 | 0.0728 | get 0.0091% / 1h | 40m 52s | $23K | $115K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SunX. 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
- $131.88
- Price spread: −0.005% → −0.028%
- $2.39
- Slippage, 4 orders
- −$142.72
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$21.46
- Costs to cover
- 1.557%
- Break-even
- 8.1 days
Slippage from SunX: live order book, 7 min ago; Extended: live order book, 34 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, 7 min ago | 45.10 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 34 min ago | 0.47 bp | 12.4 bp −$12 | 67.0 bp −$670 | 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 | −0.0162% | 4h | 107.51 | −0.006% | $15K | $256K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.35 | −0.163% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.66 | +0.130% | $118K | $12K | 50x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.46 | −0.056% | $814K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.53 | +0.009% | $540K | $122K | 50x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.62 | +0.093% | $5K | $348K | 20x | as long as short |
| QFEX WMT-USD | +0.0029% | 1h | 107.52 | 0.000% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.651% | $3K | $26K | 12x | as long as short |
| OKX WMT-USDT-SWAP | +0.0043% | 8h | 107.58 | +0.056% | $82K | $34K | 20x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.51 | −0.009% | $33K | $840K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX WMT-USDTlong | +0.0100% | 8h | 107.52 | long leg | $2K | $3.0M | 10x | |
| Variational Omni WMT | +0.0482% | 8h | 107.52 | +0.001% | $61K | $79K | — | as long as short |
| Binance WMTUSDT | +0.0727% | 8h | 107.54 | +0.015% | $1.6M | $1.1M | 20x | as long as short |
| Extended WMT-USDshort | +0.0728% | 1h | 107.52 | −0.005% | $23K | $115K | 10x | |
| GRVT WMT_USDT_Perp | +0.0902% | 8h | 107.53 | +0.010% | $111 | $127K | 10x | as long as short |
SunX WMT-USDT
Extended WMT-USD
edgeX WMTUSDC
Aster WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
HTX WMT-USDT
Injective WMT/USDC PERP
OKX WMT-USDT-SWAP
KuCoin WMTUSDTM
Variational Omni WMT
Binance WMTUSDT
GRVT WMT_USDT_Perp