WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.028%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,984as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,001as in the Price arb table

costs, in and out, $10k−$2,00520.053% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.028%, 7d avg −0.067%

Together, before fees+0.228%+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WMTUSDT	108.01	0	get 0.0000% / 8h	7h 38m	$545K	$94K	50x
Short	KuCoin WMTUSDTM	107.98	0.0100	get 0.0100% / 8h	7h 38m	$34K	$533K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $21
Price spread: −0.028% → −0.067%: $3.95
Slippage, 4 orders: −$1,981.29
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,980.34
Costs to cover: 20.053%
Break-even: 667.1 days

Slippage from Bitget: live order book, 56 min ago; KuCoin: live order book, 55 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 Bitget live order book, 56 min ago	1.85 bp	17.8 bp −$18	37.7 bp −$377	doesn't fit	doesn't fit
Sell KuCoin live order book, 55 min ago	7.88 bp	811.2 bp −$811	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
Aster WMTUSDT	0.0000%	8h	107.95	−0.055%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	108.07	+0.056%	$23K	$89K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	108.09	+0.077%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.10	+0.083%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.09	+0.074%	$81K	$32K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	108.01	0.000%	$810K	$28K	25x	as long as short
Bitget WMTUSDTlong	0.0000%	8h	108.01	long leg	$545K	$94K	50x
Variational Omni WMT	0.0000%	8h	108.08	+0.062%	$61K	$61K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.67	+0.611%	$5K	$344K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.102%	$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
QFEX WMT-USD	+0.0039%	1h	108.04	+0.028%	$1.1M	$2.6M	10x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.98	−0.028%	$34K	$533K	20x
SunX WMT-USDT	+0.0100%	8h	108.08	+0.065%	$2K	$2.8M	10x	as long as short
edgeX WMTUSDC	+0.0234%	4h	108.08	+0.063%	$15K	$254K	10x	as long as short
GRVT WMT_USDT_Perp	+0.0289%	8h	108.05	+0.036%	$792	$136K	10x	as long as short