WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against SunX−0.083%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$188as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1671.675% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)−0.188%−$19 · spread now −0.083%, 7d avg −0.046%

Together, before fees−0.398%−$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.038% cheaper against SunX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.046%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WMT-USDT	108.10	0.0100	pay 0.0100% / 8h	7h 30m	$2K	$2.8M	10x
Short	Bitget WMTUSDT	108.01	0	get 0.0000% / 8h	7h 30m	$545K	$93K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$21
Price spread: −0.083% → −0.046%: −$3.76
Slippage, 4 orders: −$147.49
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$192.25
Costs to cover: 1.675%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Bitget: live order book, 64 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 SunX live order book, 7 min ago	46.25 bp	64.1 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 64 min ago	1.85 bp	20.8 bp −$21	43.4 bp −$434	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	−0.0868%	4h	108.09	−0.012%	$15K	$256K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.96	−0.130%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	108.07	−0.027%	$23K	$89K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	108.10	0.000%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.13	+0.028%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.15	+0.046%	$81K	$32K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	108.01	−0.083%	$810K	$28K	25x	as long as short
Bitget WMTUSDTshort	0.0000%	8h	108.01	−0.083%	$545K	$93K	50x
Variational Omni WMT	0.0000%	8h	108.08	−0.016%	$61K	$61K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.14	+0.037%	$5K	$344K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.184%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0039%	1h	108.09	−0.009%	$1.1M	$2.5M	10x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.99	−0.102%	$34K	$542K	20x	as long as short
SunX WMT-USDTlong	+0.0100%	8h	108.10	long leg	$2K	$2.8M	10x
GRVT WMT_USDT_Perp	+0.0527%	8h	108.08	−0.020%	$130	$136K	10x	as long as short