Settings8H · net · $10k
Funding arb · Price arb /

WMT

RWAall WMT markets
SwapBacktest
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: SunX against Bitget+0.121%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1601.604% of the position
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)+0.010%+$1 · spread now +0.121%, 7d avg +0.046%
Together, before fees+0.220%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.075% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WMTUSDT107.440get 0.0000% / 8h3h 47m$540K$93K50x
ShortSunX WMT-USDT107.570.0100get 0.0100% / 8h3h 47m$2K$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$21
Price spread: +0.121% → +0.046%
$7.46
Slippage, 4 orders
−$140.38
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$131.92
Costs to cover
1.604%
Break-even
51.0 days
Slippage from Bitget: live order book, 2 min ago; SunX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.86 bp17.2 bp −$1724.4 bp −$244doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago45.13 bp64.1 bp −$64doesn't fitdoesn't fitdoesn't fit

WMT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WMTUSDT0.0000%8h107.47+0.028%$4K$7120xas long as short
Bybit WMTUSDT0.0000%8h107.61+0.158%$118K$12K50xas long as short
OKX WMT-USDT-SWAP0.0000%8h107.55+0.102%$81K$33K20xas long as short
Gate WMT_USDT0.0000%8h107.440.000%$814K$26K25xas long as short
Bitget WMTUSDTlong0.0000%8h107.44long leg$540K$93K50x
Variational Omni WMT0.0000%8h107.48+0.034%$61K$74Kas long as short
GRVT WMT_USDT_Perp0.0000%8h107.47+0.028%$305$128K10xas long as short
HTX WMT-USDT0.0000%8h107.62+0.168%$5K$351K20xas long as short
QFEX WMT-USD+0.0008%1h107.55+0.102%$1.1M$2.6M10xas long as short
Extended WMT-USD+0.0032%1h107.54+0.096%$23K$115K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WMT/USDC PERP+0.0033%1h106.82−0.577%$3K$26K12xas long as short
Binance WMTUSDT+0.0036%8h107.57+0.123%$1.6M$1.1M20xas long as short
KuCoin WMTUSDTM+0.0100%8h107.54+0.093%$33K$629K20xas long as short
SunX WMT-USDTshort+0.0100%8h107.57+0.121%$2K$2.9M10x
edgeX WMTUSDC+0.0536%4h107.47+0.023%$15K$255K10xas long as short