Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0145%/8h= +15.8% APRpaid last 24h −0.081%

Price spread now: Gate against edgeX−0.075%82s7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$171as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1761.765% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.075%, 7d avg −0.031%

Together, before fees+0.100%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.044% cheaper against edgeX than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.031%). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.051% in total) that is about 6.1 days. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WMTUSDC	108.02	−0.0145	get 0.0072% / 4h	51m 52s	$15K	$254K	10x
Short	Gate WMT_USDT	107.94	0	get 0.0000% / 8h	51m 52s	$809K	$28K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now −0.075%Rate

Funding earned: $30.36
Price spread: −0.075% → −0.031%: −$4.43
Slippage, 4 orders: −$152.48
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$150.54
Costs to cover: 1.765%
Break-even: 41.7 days

Slippage from edgeX: live order book, 51 min ago; Gate: live order book, 50 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 edgeX live order book, 51 min ago	6.02 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 50 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 WMTUSDClong	−0.0145%	4h	108.02	long leg	$15K	$254K	10x
Aster WMTUSDT	0.0000%	8h	107.94	−0.072%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	108.00	−0.018%	$23K	$115K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	108.03	+0.009%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.10	+0.073%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.03	+0.009%	$81K	$35K	20x	as long as short
Gate WMT_USDTshort	0.0000%	8h	107.94	−0.075%	$809K	$28K	25x
Bitget WMTUSDT	0.0000%	8h	108.00	−0.019%	$542K	$94K	50x	as long as short
Variational Omni WMT	0.0000%	8h	108.02	−0.001%	$61K	$75K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	108.03	+0.004%	$360	$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	108.54	+0.481%	$5K	$345K	20x	as long as short
QFEX WMT-USD	+0.0013%	1h	108.01	−0.010%	$1.1M	$2.6M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.112%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.93	−0.084%	$35K	$511K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	108.03	+0.009%	$1K	$2.9M	10x	as long as short