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 Bybit+0.121%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1941.939% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.121%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.173% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WMTUSDT | 107.79 | 0 | get 0.0000% / 8h | 3h 06m | $119K | $12K | 50x |
| Short | SunX WMT-USDT | 107.92 | 0.0100 | get 0.0100% / 8h | 3h 06m | $2K | $2.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: +0.121% → −0.052%
- $17.25
- Slippage, 4 orders
- −$174.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$155.64
- Costs to cover
- 1.939%
- Break-even
- 58.9 days
Slippage from Bybit: live order book, 29 min ago; SunX: live order book, 12 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, 29 min ago | 9.28 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 45.90 bp | 64.3 bp −$64 | 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 | −0.0842% | 4h | 107.94 | +0.142% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.78 | −0.014% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 107.88 | +0.080% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | 0.0000% | 8h | 107.92 | +0.124% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDTlong | 0.0000% | 8h | 107.79 | long leg | $119K | $12K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 108.11 | +0.297% | $82K | $34K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.85 | +0.056% | $816K | $27K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.90 | +0.102% | $542K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.91 | +0.107% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.92 | +0.121% | $765 | $132K | 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 | 108.33 | +0.501% | $5K | $351K | 20x | as long as short |
| QFEX WMT-USD | +0.0008% | 1h | 107.89 | +0.093% | $1.1M | $2.6M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.900% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.78 | −0.009% | $34K | $593K | 20x | as long as short |
| SunX WMT-USDTshort | +0.0100% | 8h | 107.92 | +0.121% | $2K | $2.9M | 10x |
Bybit WMTUSDT
SunX WMT-USDT
edgeX WMTUSDC
Aster WMTUSDT
Extended WMT-USD
Binance WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERP
KuCoin WMTUSDTM