WMT Funding Rate — Walmart tokenized stock perpetuals across 6 venues

Tokenized stock (xStock) perpetual · compared across 6 venues · net of estimated fees · updated every few minutes

WMT represents tokenized exposure to Walmart shares (a Backed.fi xStock) traded as a perpetual. The perp, its funding and the underlying share are three different things — read the rate with liquidity and the backtest below.

Live annualized WMT perpetual funding across all 6 venues Perpia tracks. Right now WMT funding is positive on 1 and negative on 1, ranging from +0.1% on KuCoin to -140.4% on Gate.io — a spread of 140.5%. The widest delta-neutral trade is long Gate.io / short Variational at 138.0% net APR.

6
venues
1
paying positive
140.5%
funding spread
Best WMT spread now
138.0%
net APR after fees
Long Gate.ioShort Variational
size depends on live venue depth — see the real cap in the scanner

WMT funding trend & liquidity

168h of history
140.4%
current gross APR
11.4%
24h average
1.8%
7-day average
$46K
pair OI · lower leg
$52K
24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

WMT funding rate by venue

5 pairs scanned
VenueFunding APRInterval
KuCoin+0.1%8h
Variational+0.0%8h
Bitget+0.0%8h
Bybit+0.0%8h
OKX+0.0%8h
Gate.io-140.4%8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Gate.io vs Variational page.

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WMT funding — FAQ

Is WMT funding positive right now?

WMT perpetual funding is positive on 1 of 6 venues Perpia tracks and negative on 1. The highest is +0.1% on KuCoin; the lowest is -140.4% on Gate.io.

What is the best WMT funding arbitrage right now?

Go long Gate.io and short Variational for about 138.0% net APR after fees — the widest delta-neutral WMT spread Perpia currently sees.

Which exchange has the highest WMT funding rate?

KuCoin, at +0.1% annualized. Funding shifts continuously, so check the live table above before trading.

How WMT funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Related tokenized stocks

See the full list on the tokenized stocks hub.