Funding you earn now, next payment 01:00 UTC+0.0696%/8h= +76.2% APRpaid last 24h +0.035%
Price spread now: Extended against Bybit−0.159%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.159%, 7d avg −0.071%
=Together, before fees+0.235%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.088% cheaper against Bybit than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of −0.071%). If the spread goes back, that is −$9 on $10k: about 10 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.077% in total) that is about 7.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% 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 | Bybit WMTUSDT | 107.60 | 0 | get 0.0000% / 8h | 7h 01m | $118K | $12K | 50x |
| Short | Extended WMT-USD | 107.43 | 0.0696 | get 0.0087% / 1h | 1m 19s | $23K | $115K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $146.16
- Price spread: −0.159% → −0.071%
- −$8.76
- Slippage, 4 orders
- −$84.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $36.68
- Costs to cover
- 1.007%
- Break-even
- 5.2 days
Slippage from Bybit: live order book, 53 min ago; Extended: live order book, 4 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 Bybit live order book, 53 min ago | 14.41 bp | 30.2 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.47 bp | 15.2 bp −$15 | 74.0 bp −$740 | 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 | 107.37 | −0.217% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDTlong | 0.0000% | 8h | 107.60 | long leg | $118K | $12K | 50x | |
| Gate WMT_USDT | 0.0000% | 8h | 107.43 | −0.158% | $814K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.46 | −0.130% | $540K | $93K | 50x | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.46 | −0.129% | $590 | $127K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.52 | −0.074% | $5K | $348K | 20x | as long as short |
| QFEX WMT-USD | +0.0030% | 1h | 107.43 | −0.158% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.725% | $3K | $26K | 12x | as long as short |
| OKX WMT-USDT-SWAP | +0.0050% | 8h | 107.63 | +0.028% | $82K | $33K | 20x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.39 | −0.195% | $33K | $774K | 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-USDT | +0.0100% | 8h | 107.45 | −0.139% | $2K | $2.9M | 10x | as long as short |
| Variational Omni WMT | +0.0498% | 8h | 107.43 | −0.157% | $61K | $76K | — | as long as short |
| Binance WMTUSDT | +0.0694% | 8h | 107.46 | −0.131% | $1.6M | $1.0M | 20x | as long as short |
| Extended WMT-USDshort | +0.0696% | 1h | 107.43 | −0.159% | $23K | $115K | 10x | |
| edgeX WMTUSDC | +0.0982% | 4h | 107.44 | −0.148% | $15K | $256K | 10x | as long as short |
Bybit WMTUSDT
Extended WMT-USD
Aster WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERP
OKX WMT-USDT-SWAP
KuCoin WMTUSDTM
SunX WMT-USDT
Variational Omni WMT
Binance WMTUSDT
edgeX WMTUSDC