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 +0.059%

Price spread now: Binance against KuCoin+0.074%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,993as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,991as in the Price arb table

costs, in and out, $10k−$1,98819.879% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.074%, 7d avg +0.108%

Together, before fees−0.251%−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.034% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.108%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WMTUSDTM	108.00	0.0100	pay 0.0100% / 8h	7h 29m	$34K	$544K	20x
Short	Binance WMTUSDT	108.08	0	get 0.0000% / 8h	7h 29m	$1.6M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.074%Rate

Funding earned: −$21
Price spread: +0.074% → +0.108%: −$3.36
Slippage, 4 orders: −$1,965.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$2,012.23
Costs to cover: 19.879%
Break-even: never at this rate

Slippage from KuCoin: live order book, 65 min ago; Binance: live order book, 4 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 KuCoin live order book, 65 min ago	7.88 bp	1155.4 bp −$1,155	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.46 bp	14.8 bp −$15	68.0 bp −$680	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	107.96	−0.036%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	108.05	+0.049%	$23K	$89K	10x	as long as short
Binance WMTUSDTshort	0.0000%	8h	108.08	+0.074%	$1.6M	$1.1M	20x
Bybit WMTUSDT	0.0000%	8h	108.12	+0.111%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.15	+0.139%	$81K	$32K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	108.01	+0.009%	$810K	$28K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	108.06	+0.056%	$545K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	108.09	+0.081%	$60K	$63K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.50	+0.463%	$5K	$344K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.093%	$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	108.02	+0.019%	$1.1M	$2.5M	10x	as long as short
KuCoin WMTUSDTMlong	+0.0100%	8h	108.00	long leg	$34K	$544K	20x
SunX WMT-USDT	+0.0100%	8h	108.08	+0.074%	$2K	$2.8M	10x	as long as short
GRVT WMT_USDT_Perp	+0.0556%	8h	108.08	+0.078%	$124	$136K	10x	as long as short
edgeX WMTUSDC	+0.0556%	4h	108.09	+0.081%	$15K	$256K	10x	as long as short