Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.054%

Price spread now: QFEX against Variational Omni+0.004%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on QFEX

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 airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WMT	107.57	0	get 0.0000% / 8h	3h 45m	$61K	$74K	—
Short	QFEX WMT-USD	107.57	0.0008	get 0.0001% / 1h	45m 20s	$1.1M	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Variational Omni. 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 Variational OmnibpFee QFEXbpOrdersPrice spread, now +0.004%Rate

Funding earned: $1.7
Price spread: +0.004% → 0.000%: $0.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$7.95
Costs to cover: 0.100%
Break-even: 39.8 days

Slippage unknown: Variational Omni: no order-book sample; QFEX: live order book, 7 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell QFEX live order book, 7 min ago	128.88 bp	133.9 bp −$134	142.1 bp −$1,421	doesn't fit	doesn't fit

Variational Omni: 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 WMTUSDT	0.0000%	8h	107.48	−0.076%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.67	+0.097%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	−0.015%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.52	−0.043%	$814K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.45	−0.108%	$540K	$93K	50x	as long as short
Variational Omni WMTlong	0.0000%	8h	107.57	long leg	$61K	$74K	—
GRVT WMT_USDT_Perp	0.0000%	8h	107.50	−0.062%	$829	$129K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.03	+0.431%	$5K	$351K	20x	as long as short
QFEX WMT-USDshort	+0.0008%	1h	107.57	+0.004%	$1.1M	$2.6M	10x
Binance WMTUSDT	+0.0024%	8h	107.59	+0.022%	$1.6M	$1.1M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended WMT-USD	+0.0024%	1h	107.56	−0.005%	$23K	$115K	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.694%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.55	−0.015%	$34K	$628K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.57	+0.004%	$2K	$2.9M	10x	as long as short
edgeX WMTUSDC	+0.0195%	4h	107.57	−0.001%	$15K	$256K	10x	as long as short