Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget−0.037%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$188as in the Funding arb table

Net, price: spread back to 7d avg − costs−$193as in the Price arb table

costs, in and out, $10k−$1881.883% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.037%, 7d avg +0.007%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.044% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WMTUSDT	108.00	0	get 0.0000% / 8h	1h 06m	$542K	$94K	50x
Short	Gate WMT_USDT	107.96	0	get 0.0000% / 8h	1h 06m	$809K	$28K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → +0.007%: −$4.37
Slippage, 4 orders: −$161.35
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$192.72
Costs to cover: 1.883%
Break-even: never at this rate

Slippage from Bitget: live order book, 34 min ago; Gate: live order book, 36 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 Bitget live order book, 34 min ago	1.85 bp	16.2 bp −$16	31.4 bp −$314	doesn't fit	doesn't fit
Sell Gate live order book, 36 min ago	4.63 bp	133.5 bp −$134	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	−0.0206%	4h	108.01	+0.011%	$15K	$254K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.97	−0.031%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.99	−0.009%	$23K	$115K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	108.02	+0.015%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.12	+0.111%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.03	+0.028%	$81K	$35K	20x	as long as short
Gate WMT_USDTshort	0.0000%	8h	107.96	−0.037%	$809K	$28K	25x
Bitget WMTUSDTlong	0.0000%	8h	108.00	long leg	$542K	$94K	50x
Variational Omni WMT	0.0000%	8h	108.03	+0.023%	$61K	$76K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	108.03	+0.028%	$376	$134K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX WMT-USDT	0.0000%	8h	108.22	+0.204%	$5K	$344K	20x	as long as short
QFEX WMT-USD	+0.0032%	1h	108.00	0.000%	$1.1M	$2.6M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.093%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.95	−0.046%	$34K	$510K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	108.01	+0.009%	$1K	$2.9M	10x	as long as short