Funding you earn now, next payment 03:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h −0.049%
Price spread now: Bitget against Extended+0.026%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.026%, 7d avg −0.016%
=Together, before fees−0.061%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.042% dearer against Extended than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.016%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.092% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% 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 | Extended WMT-USD | 107.44 | 0.0272 | pay 0.0034% / 1h | 5m 50s | $23K | $115K | 10x |
| Short | Bitget WMTUSDT | 107.47 | 0 | get 0.0000% / 8h | 5h 05m | $540K | $93K | 50x |
Extended WMT-USD
Bitget WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$57.12
- Price spread: +0.026% → −0.016%
- $4.2
- Slippage, 4 orders
- −$48.21
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.13
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from Extended: live order book, 55 min ago; Bitget: live order book, 54 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 Extended live order book, 55 min ago | 1.39 bp | 15.4 bp −$15 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 0.93 bp | 18.4 bp −$18 | 92.2 bp −$922 | 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 | −0.0754% | 4h | 107.46 | +0.017% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.34 | −0.092% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.53 | +0.082% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.49 | +0.045% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.37 | −0.067% | $813K | $26K | 25x | as long as short |
| Bitget WMTUSDTshort | 0.0000% | 8h | 107.47 | +0.026% | $540K | $93K | 50x | |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.49 | +0.045% | $461 | $126K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.18 | +0.687% | $5K | $352K | 20x | as long as short |
| QFEX WMT-USD | +0.0017% | 1h | 107.45 | +0.007% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.579% | $3K | $26K | 12x | as long as short |
edgeX WMTUSDC
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
QFEX WMT-USD
Injective WMT/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.42 | −0.021% | $33K | $696K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.47 | +0.026% | $2K | $2.9M | 10x | as long as short |
| Variational Omni WMT | +0.0129% | 8h | 107.45 | +0.011% | $61K | $76K | — | as long as short |
| Binance WMTUSDT | +0.0271% | 8h | 107.47 | +0.026% | $1.6M | $1.0M | 20x | as long as short |
| Extended WMT-USDlong | +0.0272% | 1h | 107.44 | long leg | $23K | $115K | 10x |
KuCoin WMTUSDTM
SunX WMT-USDT
Variational Omni WMT
Binance WMTUSDT