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: KuCoin against Binance−0.063%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,074as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,074as in the Price arb table

costs, in and out, $10k−$2,07820.785% of the position

Long on Binance Short on KuCoin

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)+0.193%+$19 · spread now −0.063%, 7d avg −0.108%

Together, before fees+0.240%+$24 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 0.045% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WMTUSDT	108.06	0	get 0.0000% / 8h	7h 20m	$1.6M	$1.1M	20x
Short	KuCoin WMTUSDTM	107.99	0.0100	get 0.0100% / 8h	7h 20m	$34K	$551K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.063%Rate

Funding earned: $21
Price spread: −0.063% → −0.108%: $4.47
Slippage, 4 orders: −$2,056.47
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2,053.01
Costs to cover: 20.785%
Break-even: 691.3 days

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 3 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 Binance live order book, 13 min ago	0.46 bp	6.4 bp −$6	19.8 bp −$198	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	18.06 bp	963.9 bp −$964	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	107.95	−0.101%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	108.03	−0.026%	$23K	$89K	10x	as long as short
Binance WMTUSDTlong	0.0000%	8h	108.06	long leg	$1.6M	$1.1M	20x
Bybit WMTUSDT	0.0000%	8h	108.11	+0.048%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	108.05	−0.008%	$81K	$32K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.97	−0.082%	$809K	$28K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	108.00	−0.054%	$545K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	108.04	−0.017%	$60K	$63K	—	as long as short
HTX WMT-USDT	0.0000%	8h	108.25	+0.178%	$5K	$343K	20x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.146%	$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	108.04	−0.017%	$1.1M	$2.5M	10x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.99	−0.063%	$34K	$551K	20x
SunX WMT-USDT	+0.0100%	8h	108.05	−0.008%	$1K	$2.7M	10x	as long as short
edgeX WMTUSDC	+0.0408%	4h	108.04	−0.017%	$15K	$255K	10x	as long as short
GRVT WMT_USDT_Perp	+0.0492%	8h	108.08	+0.020%	$91	$134K	10x	as long as short