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: Bybit against KuCoin+0.167%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,924as in the Price arb table
costs, in and out, $10k−$1,92519.254% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.167%, 7d avg +0.156%
=The price spread sits at its 7-day average of +0.156%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WMTUSDTM | 107.51 | 0.0100 | pay 0.0100% / 8h | 5h 58m | $33K | $737K | 20x |
| Short | Bybit WMTUSDT | 107.69 | 0 | get 0.0000% / 8h | 5h 58m | $118K | $12K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$21
- Price spread: +0.167% → +0.156%
- $1.15
- Slippage, 4 orders
- −$1,902.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,945.24
- Costs to cover
- 19.254%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 40 min ago; Bybit: live order book, 51 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, 40 min ago | 19.55 bp | 872.2 bp −$872 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 51 min ago | 8.37 bp | 34.3 bp −$34 | 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 | −0.0821% | 4h | 107.59 | +0.076% | $15K | $256K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.45 | −0.054% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDTshort | 0.0000% | 8h | 107.69 | +0.167% | $118K | $12K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.63 | +0.112% | $82K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.57 | +0.056% | $815K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.57 | +0.056% | $541K | $93K | 50x | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.60 | +0.084% | $750 | $126K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.05 | +0.502% | $5K | $351K | 20x | as long as short |
| QFEX WMT-USD | +0.0019% | 1h | 107.55 | +0.037% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.642% | $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 WMTUSDTMlong | +0.0100% | 8h | 107.51 | long leg | $33K | $737K | 20x | |
| SunX WMT-USDT | +0.0100% | 8h | 107.59 | +0.074% | $1K | $2.9M | 10x | as long as short |
| Variational Omni WMT | +0.0304% | 8h | 107.59 | +0.076% | $61K | $77K | — | as long as short |
| Binance WMTUSDT | +0.0459% | 8h | 107.58 | +0.065% | $1.6M | $1.0M | 20x | as long as short |
| Extended WMT-USD | +0.0464% | 1h | 107.56 | +0.051% | $23K | $115K | 10x | as long as short |
KuCoin WMTUSDTM
Bybit WMTUSDT
edgeX WMTUSDC
Aster WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERP
SunX WMT-USDT
Variational Omni WMT
Binance WMTUSDT
Extended WMT-USD