WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0565%/8h= +61.9% APRnext payment +$5.65 per $10,000 · paid last 24h +0.100%

Price spread now: Binance against Gate+0.065%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$347as in the Funding arb table

Net, price: spread back to 7d avg − costs−$361as in the Price arb table

costs, in and out, $10k−$3633.631% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 2 days (all we have)−0.009%−$1 · spread now +0.065%, 7d avg +0.045%

Together, before fees+0.154%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.020% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.045%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% 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	Gate WMT_USDT	107.48	0	get 0.0000% / 8h	6h 27m	$814K	$20K	25x
Short	Binance WMTUSDT	107.55	0.0565	get 0.0565% / 8h	6h 27m	$1.6M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.065%Rate

Funding earned: $118.74
Price spread: +0.065% → +0.045%: $2.01
Slippage, 4 orders: −$338.12
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$242.38
Costs to cover: 3.631%
Break-even: 21.3 days

Slippage from Gate: live order book, 39 min ago; Binance: live order book, 6 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 Gate live order book, 39 min ago	1.86 bp	13.6 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.86 bp	14.8 bp −$15	55.7 bp −$557	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	−0.0249%	4h	107.51	+0.027%	$15K	$256K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.42	−0.053%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.58	+0.093%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.59	+0.102%	$82K	$33K	20x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.48	long leg	$814K	$20K	25x
Bitget WMTUSDT	0.0000%	8h	107.51	+0.028%	$541K	$94K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.54	+0.057%	$698	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.84	+0.335%	$6K	$350K	20x	as long as short
QFEX WMT-USD	+0.0019%	1h	107.52	+0.037%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.614%	$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 WMTUSDTM	+0.0100%	8h	107.51	+0.028%	$34K	$755K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.53	+0.047%	$1K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0405%	8h	107.51	+0.026%	$61K	$77K	—	as long as short
Binance WMTUSDTshort	+0.0565%	8h	107.55	+0.065%	$1.6M	$1.0M	20x
Extended WMT-USD	+0.0568%	1h	107.52	+0.040%	$23K	$115K	10x	as long as short