With high real-time performance and a good filtering effect, the wavelet transform-based real-time filter is more commonly used in the fusion magnet power supply. Considering the signal characteristics of the fusion magnet power supply, the sliding time window method is widely used to satisfy the requirements of filtering efficiency. In this paper, an updated half-edge extension method is proposed to improve the boundary effect of sliding window data. Moreover, the hardware-based wavelet loopback structure is proposed to avoid the double computation of long sliding window data, thereby improving real-time performance and satisfying the demands of fusion magnet power supply filtering. The proposed half-edge extension method and the wavelet loopback structure are implemented by designed FPGA and experimented on the Experimental and Advanced Superconducting Tokamak (EAST) fusion magnet power supply system to verify the filtering efficiency. According to the experiment’s results, the proposed half-edge extension method has a better filtering effect, and the proposed wavelet loopback structure decreases the time by 67.4%, which can satisfy the requirements of the power supply system.