Funding you earn now, next payment 04:00 UTC+0.0717%/8h= +78.5% APRpaid last 24h +0.099%
Price spread now: KuCoin against edgeX−0.006%83s7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,588as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1,62916.291% of the position
Funding, last 7 days+0.409%+$41 on $10k
+Price spread, last 3 days (all we have)−0.103%−$10 · spread now −0.006%, 7d avg −0.108%
=Together, before fees+0.307%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and KuCoin is 0.101% dearer against edgeX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.108%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.409% in total (about 21.3% a year). A funding rate is set anew for every payment. 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 | edgeX WMTUSDC | 107.48 | −0.0617 | get 0.0309% / 4h | 3h 26m | $15K | $254K | 10x |
| Short | KuCoin WMTUSDTM | 107.47 | 0.0100 | get 0.0100% / 8h | 7h 26m | $33K | $791K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $150.64
- Price spread: −0.006% → −0.108%
- $10.12
- Slippage, 4 orders
- −$1,608.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,468.32
- Costs to cover
- 16.291%
- Break-even
- 75.2 days
Slippage from edgeX: live order book, 46 min ago; KuCoin: live order book, 28 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 edgeX live order book, 46 min ago | 6.05 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 20.01 bp | 855.3 bp −$855 | 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 WMTUSDClong | −0.0617% | 4h | 107.48 | long leg | $15K | $254K | 10x | |
| Aster WMTUSDT | 0.0000% | 8h | 107.38 | −0.091% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.56 | +0.077% | $118K | $12K | 50x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.44 | −0.034% | $814K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.49 | +0.012% | $540K | $93K | 50x | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.47 | −0.005% | $613 | $126K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.54 | +0.059% | $5K | $348K | 20x | as long as short |
| QFEX WMT-USD | +0.0030% | 1h | 107.45 | −0.025% | $1.1M | $2.8M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.611% | $3K | $26K | 12x | as long as short |
| OKX WMT-USDT-SWAP | +0.0085% | 8h | 107.63 | +0.142% | $82K | $33K | 20x | 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 | 107.47 | −0.006% | $33K | $791K | 20x | |
| SunX WMT-USDT | +0.0100% | 8h | 107.48 | +0.003% | $2K | $2.9M | 10x | as long as short |
| Variational Omni WMT | +0.0580% | 8h | 107.48 | +0.001% | $61K | $76K | — | as long as short |
| Binance WMTUSDT | +0.0783% | 8h | 107.49 | +0.012% | $1.6M | $1.0M | 20x | as long as short |
| Extended WMT-USD | +0.0784% | 1h | 107.47 | −0.010% | $23K | $115K | 10x | as long as short |
edgeX WMTUSDC
KuCoin WMTUSDTM
Aster WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERP
OKX WMT-USDT-SWAP
SunX WMT-USDT
Variational Omni WMT
Binance WMTUSDT
Extended WMT-USD