Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.013%
Price spread now: OKX against KuCoin+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 0.074% dearer against KuCoin than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WMTUSDTM | 107.50 | 0.0100 | pay 0.0100% / 8h | 43m 59s | $33K | $840K | 20x |
| Short | OKX WMT-USDT-SWAP | 107.58 | 0.0036 | get 0.0036% / 8h | 43m 59s | $82K | $34K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$13.4
- Price spread: +0.074% → 0.000%
- $7.44
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$27.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 20 min ago; OKX: no order-book sample. Net counts fees only.
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, 20 min ago | 12.55 bp | 244.7 bp −$245 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
OKX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.136% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.68 | +0.167% | $118K | $12K | 50x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.48 | −0.019% | $814K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.53 | +0.028% | $540K | $122K | 50x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 108.08 | +0.540% | $5K | $348K | 20x | as long as short |
| QFEX WMT-USD | +0.0029% | 1h | 107.52 | +0.019% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.633% | $3K | $26K | 12x | as long as short |
| OKX WMT-USDT-SWAPshort | +0.0036% | 8h | 107.58 | +0.074% | $82K | $34K | 20x | |
| KuCoin WMTUSDTMlong | +0.0100% | 8h | 107.50 | long leg | $33K | $840K | 20x | |
| SunX WMT-USDT | +0.0100% | 8h | 107.52 | +0.019% | $2K | $3.0M | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX WMTUSDC | +0.0311% | 4h | 107.56 | +0.059% | $15K | $255K | 10x | as long as short |
| Variational Omni WMT | +0.0482% | 8h | 107.52 | +0.020% | $61K | $79K | — | as long as short |
| Binance WMTUSDT | +0.0717% | 8h | 107.53 | +0.029% | $1.6M | $1.1M | 20x | as long as short |
| Extended WMT-USD | +0.0720% | 1h | 107.52 | +0.016% | $23K | $115K | 10x | as long as short |
| GRVT WMT_USDT_Perp | +0.0892% | 8h | 107.57 | +0.065% | $805 | $127K | 10x | as long as short |
KuCoin WMTUSDTM
OKX WMT-USDT-SWAP
Aster WMTUSDT
Bybit WMTUSDT
Gate WMT_USDT
Bitget WMTUSDT
HTX WMT-USDT
Injective WMT/USDC PERP
SunX WMT-USDT
edgeX WMTUSDC
Variational Omni WMT
Binance WMTUSDT
Extended WMT-USD
GRVT WMT_USDT_Perp