Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against KuCoin+0.009%7-day average +0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,855as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,865as in the Price arb table

costs, in and out, $10k−$1,85518.548% of the position

Long on KuCoin Short on SunX

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)+0.162%+$16 · spread now +0.009%, 7d avg +0.114%

Together, before fees+0.162%+$16 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: SunX is 0.105% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.114%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WMTUSDTM	107.72	0.0100	pay 0.0100% / 8h	5h 43m	$34K	$648K	20x
Short	SunX WMT-USDT	107.73	0.0100	get 0.0100% / 8h	5h 43m	$1K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → +0.114%: −$10.48
Slippage, 4 orders: −$1,834.81
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$1,865.29
Costs to cover: 18.548%
Break-even: never at this rate

Slippage from KuCoin: live order book, 62 min ago; SunX: live order book, 8 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 KuCoin live order book, 62 min ago	13.88 bp	1005.3 bp −$1,005	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	22.67 bp	84.9 bp −$85	doesn't fit	doesn't fit	doesn't fit

WMT on 15 exchanges

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
Aster WMTUSDT	0.0000%	8h	107.78	+0.053%	$4K	$76	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.81	+0.084%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.89	+0.158%	$83K	$35K	10x	as long as short
Gate WMT_USDT	0.0000%	8h	107.64	−0.074%	$807K	$28K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.71	−0.009%	$551K	$100K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.70	−0.016%	$60K	$63K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.09	+0.343%	$5K	$341K	20x	as long as short
Extended WMT-USD	+0.0032%	1h	107.70	−0.019%	$23K	$89K	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.835%	$3K	$26K	12x	as long as short
Binance WMTUSDT	+0.0034%	8h	107.74	+0.015%	$1.6M	$1.1M	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WMT-USD	+0.0080%	1h	107.71	−0.009%	$1.1M	$2.4M	10x	as long as short
KuCoin WMTUSDTMlong	+0.0100%	8h	107.72	long leg	$34K	$648K	20x
SunX WMT-USDTshort	+0.0100%	8h	107.73	+0.009%	$1K	$2.6M	10x
GRVT WMT_USDT_Perp	+0.0210%	8h	107.77	+0.046%	$759	$135K	10x	as long as short
edgeX WMTUSDC	+0.0345%	4h	107.71	−0.013%	$15K	$256K	10x	as long as short