Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate+0.047%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1561.559% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.047%, 7d avg −0.009%

Together, before fees−0.037%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.055% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WMT_USDT	107.41	0	get 0.0000% / 8h	7h 34m	$814K	$20K	25x
Short	Bitget WMTUSDT	107.46	0	get 0.0000% / 8h	7h 34m	$540K	$97K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → −0.009%: $5.55
Slippage, 4 orders: −$128.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$150.31
Costs to cover: 1.559%
Break-even: never at this rate

Slippage from Gate: live order book, 37 min ago; Bitget: live order book, 35 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 Gate live order book, 37 min ago	3.26 bp	17.9 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 35 min ago	1.39 bp	14.9 bp −$15	37.9 bp −$379	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	−0.0420%	4h	107.44	+0.030%	$15K	$254K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.37	−0.033%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.40	−0.009%	$118K	$12K	50x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.41	long leg	$814K	$20K	25x
Bitget WMTUSDTshort	0.0000%	8h	107.46	+0.047%	$540K	$97K	50x
GRVT WMT_USDT_Perp	0.0000%	8h	107.44	+0.028%	$143	$127K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.59	+0.168%	$5K	$347K	20x	as long as short
QFEX WMT-USD	+0.0030%	1h	107.44	+0.028%	$1.1M	$2.8M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.549%	$3K	$26K	12x	as long as short
OKX WMT-USDT-SWAP	+0.0098%	8h	107.63	+0.205%	$82K	$34K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WMTUSDTM	+0.0100%	8h	107.46	+0.047%	$33K	$797K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.46	+0.047%	$1K	$3.0M	10x	as long as short
Variational Omni WMT	+0.0612%	8h	107.46	+0.050%	$61K	$76K	—	as long as short
Binance WMTUSDT	+0.0812%	8h	107.47	+0.060%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0816%	1h	107.45	+0.039%	$23K	$115K	10x	as long as short