WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.8% APRnext payment −$1.71 per $10,000 · paid last 24h −0.070%

Price spread now: KuCoin against Binance−0.047%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,621as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,620as in the Price arb table

costs, in and out, $10k−$1,62616.259% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.047%, 7d avg −0.109%

Together, before fees+0.224%+$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.063% dearer against Binance than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.109%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WMTUSDT	107.47	0.0271	pay 0.0271% / 8h	5h 05m	$1.6M	$1.0M	20x
Short	KuCoin WMTUSDTM	107.42	0.0100	get 0.0100% / 8h	5h 05m	$33K	$696K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$35.98
Price spread: −0.047% → −0.109%: $6.26
Slippage, 4 orders: −$1,603.88
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,655.61
Costs to cover: 16.259%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 18 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 Binance live order book, 12 min ago	0.47 bp	9.8 bp −$10	49.4 bp −$494	doesn't fit	doesn't fit
Sell KuCoin live order book, 18 min ago	12.10 bp	833.6 bp −$834	doesn't fit	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	−0.0754%	4h	107.46	−0.010%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.34	−0.118%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.53	+0.056%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.49	+0.018%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.37	−0.093%	$813K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.47	0.000%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.49	+0.018%	$461	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.18	+0.660%	$5K	$352K	20x	as long as short
QFEX WMT-USD	+0.0017%	1h	107.45	−0.019%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.605%	$3K	$26K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WMTUSDTMshort	+0.0100%	8h	107.42	−0.047%	$33K	$696K	20x
SunX WMT-USDT	+0.0100%	8h	107.47	0.000%	$2K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0129%	8h	107.45	−0.015%	$61K	$76K	—	as long as short
Binance WMTUSDTlong	+0.0271%	8h	107.47	long leg	$1.6M	$1.0M	20x
Extended WMT-USD	+0.0272%	1h	107.44	−0.026%	$23K	$115K	10x	as long as short