Funding you earn now, next payment 00:00 UTC−0.0565%/8h= −61.8% APRnext payment −$5.65 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against Binance+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WMTUSDT | 107.57 | 0.0565 | pay 0.0565% / 8h | 1h 18m | $1.6M | $1.1M | 20x |
| Short | OKX WMT-USDT-SWAP | 107.58 | 0 | get 0.0000% / 8h | 1h 18m | $82K | $34K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$118.56
- Price spread: +0.008% → 0.000%
- $0.78
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$137.78
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 min ago; OKX: no order-book sample. 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 Binance live order book, 15 min ago | 0.47 bp | 13.6 bp −$14 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
OKX: 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 | 107.34 | −0.214% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.67 | +0.091% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAPshort | 0.0000% | 8h | 107.58 | +0.008% | $82K | $34K | 20x | |
| Gate WMT_USDT | 0.0000% | 8h | 107.51 | −0.057% | $814K | $21K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.54 | −0.029% | $539K | $120K | 50x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.18 | +0.566% | $5K | $349K | 20x | as long as short |
| edgeX WMTUSDC | +0.0023% | 4h | 107.56 | −0.015% | $15K | $255K | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.699% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0041% | 1h | 107.56 | −0.011% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.57 | −0.002% | $33K | $862K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX WMT-USDT | +0.0100% | 8h | 107.56 | −0.011% | $1K | $3.0M | 10x | as long as short |
| Variational Omni WMT | +0.0309% | 8h | 107.56 | −0.014% | $61K | $79K | — | as long as short |
| Binance WMTUSDTlong | +0.0565% | 8h | 107.57 | long leg | $1.6M | $1.1M | 20x | |
| Extended WMT-USD | +0.0568% | 1h | 107.55 | −0.022% | $23K | $115K | 10x | as long as short |
| GRVT WMT_USDT_Perp | +0.0788% | 8h | 107.56 | −0.012% | $694 | $130K | 10x | as long as short |
Binance WMTUSDT
OKX WMT-USDT-SWAP
Aster WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
HTX WMT-USDT
edgeX WMTUSDC
Injective WMT/USDC PERP
KuCoin WMTUSDTM
SunX WMT-USDT
Variational Omni WMT
Extended WMT-USD
GRVT WMT_USDT_Perp