WMT

Alert: funding

Alert: spread

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: KuCoin against Bitget−0.093%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,984as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,008as in the Price arb table

costs, in and out, $10k−$2,00520.053% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.093%, 7d avg −0.067%

Together, before fees+0.247%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.067%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WMTUSDT	107.95	0	get 0.0000% / 8h	8m 40s	$545K	$96K	50x
Short	KuCoin WMTUSDTM	107.85	0.0100	get 0.0100% / 8h	8m 40s	$34K	$517K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.093%Rate

Funding earned: $21
Price spread: −0.093% → −0.067%: −$2.56
Slippage, 4 orders: −$1,981.29
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,986.84
Costs to cover: 20.053%
Break-even: 669.3 days

Slippage from Bitget: live order book, 26 min ago; KuCoin: live order book, 25 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, 26 min ago	1.85 bp	17.8 bp −$18	37.7 bp −$377	doesn't fit	doesn't fit
Sell KuCoin live order book, 25 min ago	7.88 bp	811.2 bp −$811	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	107.88	−0.062%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.97	+0.014%	$23K	$89K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	107.99	+0.037%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	108.02	+0.065%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.92	−0.028%	$81K	$34K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.93	−0.019%	$809K	$28K	25x	as long as short
Bitget WMTUSDTlong	0.0000%	8h	107.95	long leg	$545K	$96K	50x
Variational Omni WMT	0.0000%	8h	107.98	+0.025%	$61K	$75K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.97	+0.018%	$268	$136K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.38	+0.398%	$5K	$345K	20x	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	+0.0013%	1h	107.97	+0.019%	$1.1M	$2.6M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−1.047%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.85	−0.093%	$34K	$517K	20x
SunX WMT-USDT	+0.0100%	8h	107.98	+0.028%	$1K	$2.9M	10x	as long as short
edgeX WMTUSDC	+0.0718%	4h	107.98	+0.025%	$15K	$254K	10x	as long as short