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 Gate+0.019%7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,918as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,930as in the Price arb table

costs, in and out, $10k−$1,93919.394% of the position

Long on Gate 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)−0.065%−$7 · spread now +0.019%, 7d avg −0.076%

Together, before fees+0.145%+$14 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 0.095% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WMT_USDT	107.38	0	get 0.0000% / 8h	6h 47m	$813K	$20K	25x
Short	KuCoin WMTUSDTM	107.40	0.0100	get 0.0100% / 8h	6h 47m	$33K	$766K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.019%Rate

Funding earned: $21
Price spread: +0.019% → −0.076%: $9.47
Slippage, 4 orders: −$1,912.43
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,908.96
Costs to cover: 19.394%
Break-even: 643.3 days

Slippage from Gate: live order book, 20 min ago; KuCoin: live order book, 67 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, 20 min ago	1.86 bp	13.6 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 67 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
Aster WMTUSDT	0.0000%	8h	107.35	−0.030%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.54	+0.149%	$118K	$12K	50x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.38	long leg	$813K	$20K	25x
Bitget WMTUSDT	0.0000%	8h	107.39	+0.009%	$540K	$94K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.43	+0.047%	$280	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.05	+0.624%	$5K	$349K	20x	as long as short
QFEX WMT-USD	+0.0019%	1h	107.42	+0.037%	$1.1M	$2.7M	10x	as long as short
OKX WMT-USDT-SWAP	+0.0025%	8h	107.55	+0.158%	$82K	$33K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.522%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.40	+0.019%	$33K	$766K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX WMT-USDT	+0.0100%	8h	107.42	+0.037%	$2K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0466%	8h	107.40	+0.022%	$61K	$77K	—	as long as short
Binance WMTUSDT	+0.0639%	8h	107.43	+0.047%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0640%	1h	107.40	+0.021%	$23K	$115K	10x	as long as short
edgeX WMTUSDC	+0.0662%	4h	107.43	+0.047%	$15K	$256K	10x	as long as short