Funding arb · Price arb /

WMT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.011%

Price spread now: Aster against QFEX−0.087%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.087% cheaper against QFEX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX WMT-USD	107.51	0.0017	pay 0.0002% / 1h	30m 56s	$1.1M	$2.7M	10x
Short	Aster WMTUSDT	107.42	0	get 0.0000% / 8h	5h 30m	$4K	$71	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$3.58
Price spread: −0.087% → 0.000%: −$8.71
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$30.29
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 7 min ago; Aster: no order-book sample. Net counts fees only.

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 QFEX live order book, 7 min ago	252.59 bp	257.6 bp −$258	263.2 bp −$2,632	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster WMTUSDTshort	0.0000%	8h	107.42	−0.087%	$4K	$71	20x
Bybit WMTUSDT	0.0000%	8h	107.61	+0.093%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.63	+0.112%	$82K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.47	−0.037%	$814K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.49	−0.019%	$541K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.52	+0.009%	$490	$125K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.11	+0.558%	$5K	$351K	20x	as long as short
QFEX WMT-USDlong	+0.0017%	1h	107.51	long leg	$1.1M	$2.7M	10x
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.642%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.48	−0.028%	$33K	$720K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX WMT-USDT	+0.0100%	8h	107.54	+0.028%	$1K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0208%	8h	107.52	+0.012%	$61K	$77K	—	as long as short
Binance WMTUSDT	+0.0360%	8h	107.53	+0.023%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0360%	1h	107.51	−0.003%	$23K	$115K	10x	as long as short
edgeX WMTUSDC	+0.0810%	4h	107.52	+0.012%	$15K	$256K	10x	as long as short