WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0267%/8h= +29.3% APRnext payment +$2.67 per $10,000 · paid last 24h +0.100%

Price spread now: Binance against Bitget0.000%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$560.558% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now 0.000%, 7d avg +0.041%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.041% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.041%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.163% in total) that is about 43 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WMTUSDT	107.47	0	get 0.0000% / 8h	5h 05m	$540K	$93K	50x
Short	Binance WMTUSDT	107.47	0.0267	get 0.0267% / 8h	5h 05m	$1.6M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $56.16
Price spread: 0.000% → +0.041%: −$4.14
Slippage, 4 orders: −$33.83
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$3.81
Costs to cover: 0.558%
Break-even: 7.5 days

Slippage from Bitget: live order book, 55 min ago; Binance: live order book, 13 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 Bitget live order book, 55 min ago	0.93 bp	16.8 bp −$17	25.2 bp −$252	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.47 bp	10.8 bp −$11	43.1 bp −$431	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	−0.0380%	4h	107.46	−0.010%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.35	−0.108%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.55	+0.074%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.49	+0.019%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.37	−0.093%	$813K	$26K	25x	as long as short
Bitget WMTUSDTlong	0.0000%	8h	107.47	long leg	$540K	$93K	50x
GRVT WMT_USDT_Perp	0.0000%	8h	107.49	+0.019%	$461	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.84	+0.344%	$5K	$352K	20x	as long as short
QFEX WMT-USD	+0.0017%	1h	107.44	−0.028%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.605%	$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 WMTUSDTM	+0.0100%	8h	107.42	−0.047%	$33K	$695K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.47	0.000%	$2K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0129%	8h	107.45	−0.015%	$61K	$76K	—	as long as short
Extended WMT-USD	+0.0264%	1h	107.44	−0.026%	$23K	$115K	10x	as long as short
Binance WMTUSDTshort	+0.0267%	8h	107.47	0.000%	$1.6M	$1.0M	20x