WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bybit−0.065%7-day average −0.157% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,549as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,560as in the Price arb table

costs, in and out, $10k−$1,57015.695% of the position

Long on Bybit 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)+0.037%+$4 · spread now −0.065%, 7d avg −0.157%

Together, before fees+0.247%+$25 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 0.092% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.157%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WMTUSDT	107.61	0	get 0.0000% / 8h	3h 46m	$118K	$12K	50x
Short	KuCoin WMTUSDTM	107.54	0.0100	get 0.0100% / 8h	3h 46m	$33K	$629K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.065%Rate

Funding earned: $21
Price spread: −0.065% → −0.157%: $9.18
Slippage, 4 orders: −$1,546.51
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,539.33
Costs to cover: 15.695%
Break-even: 520.1 days

Slippage from Bybit: live order book, 53 min ago; KuCoin: live order book, 27 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 Bybit live order book, 53 min ago	6.51 bp	27.2 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 27 min ago	13.97 bp	857.9 bp −$858	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	−0.0404%	4h	107.50	−0.099%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.46	−0.142%	$4K	$71	20x	as long as short
Bybit WMTUSDTlong	0.0000%	8h	107.61	long leg	$118K	$12K	50x
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	−0.056%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.45	−0.149%	$814K	$26K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.44	−0.158%	$540K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.48	−0.124%	$61K	$74K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.50	−0.103%	$829	$129K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.78	+0.158%	$5K	$351K	20x	as long as short
QFEX WMT-USD	+0.0008%	1h	107.56	−0.046%	$1.1M	$2.6M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WMTUSDT	+0.0029%	8h	107.58	−0.028%	$1.6M	$1.1M	20x	as long as short
Extended WMT-USD	+0.0032%	1h	107.55	−0.058%	$23K	$115K	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.734%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.54	−0.065%	$33K	$629K	20x
SunX WMT-USDT	+0.0100%	8h	107.57	−0.037%	$2K	$2.9M	10x	as long as short