Funding you earn now, next payment 06:00 UTC−0.0488%/8h= −53.4% APRpaid last 24h +0.030%
Price spread now: edgeX against Extended−0.014%73s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as 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−$570.569% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.014%, 7d avg +0.019%
=Together, before fees−0.094%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and edgeX is 0.033% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% 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 | 107.89 | 0 | get 0.0000% / 1h | 46m 15s | $23K | $115K | 10x |
| Short | edgeX WMTUSDC | 107.88 | −0.0488 | pay 0.0244% / 4h | 2h 46m | $15K | $256K | 10x |
Extended WMT-USD
edgeX WMTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$102.46
- Price spread: −0.014% → +0.019%
- −$3.29
- Slippage, 4 orders
- −$42.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$162.62
- Costs to cover
- 0.569%
- Break-even
- never at this rate
Slippage from Extended: live order book, 64 min ago; edgeX: live order book, 1 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, 64 min ago | 0.47 bp | 15.6 bp −$16 | 85.0 bp −$850 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 1 min ago | 6.02 bp | 12.8 bp −$13 | 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 WMTUSDCshort | −0.0488% | 4h | 107.88 | −0.014% | $15K | $256K | 10x | |
| Aster WMTUSDT | 0.0000% | 8h | 107.82 | −0.068% | $4K | $76 | 20x | as long as short |
| Extended WMT-USDlong | 0.0000% | 1h | 107.89 | long leg | $23K | $115K | 10x | |
| Binance WMTUSDT | 0.0000% | 8h | 107.92 | +0.027% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.96 | +0.064% | $119K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.87 | −0.020% | $81K | $35K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.83 | −0.057% | $816K | $26K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.90 | +0.008% | $542K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.88 | −0.014% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.89 | −0.001% | $564 | $134K | 10x | as long as short |
Aster WMTUSDT
Binance WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_PerpShow 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 | +0.601% | $5K | $349K | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.993% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0045% | 1h | 107.91 | +0.017% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.87 | −0.020% | $34K | $579K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.92 | +0.027% | $1K | $2.9M | 10x | as long as short |
HTX WMT-USDT
Injective WMT/USDC PERP
QFEX WMT-USD
KuCoin WMTUSDTM
SunX WMT-USDT