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 Bybit0.000%7-day average −0.157% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,558as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,563as in the Price arb table

costs, in and out, $10k−$1,57915.791% of the position

Long on Bybit 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)−0.028%−$3 · spread now 0.000%, 7d avg −0.157%

Together, before fees+0.182%+$18 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 0.157% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.157%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WMTUSDT	107.79	0	get 0.0000% / 8h	3h 04m	$119K	$12K	50x
Short	KuCoin WMTUSDTM	107.79	0.0100	get 0.0100% / 8h	3h 04m	$34K	$591K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21
Price spread: 0.000% → −0.157%: $15.69
Slippage, 4 orders: −$1,556.1
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,542.42
Costs to cover: 15.791%
Break-even: 521.1 days

Slippage from Bybit: live order book, 30 min ago; KuCoin: live order book, 69 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 Bybit live order book, 30 min ago	9.28 bp	28.6 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 69 min ago	13.97 bp	857.9 bp −$858	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	−0.0842%	4h	107.94	+0.142%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.80	+0.009%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.93	+0.133%	$23K	$115K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	107.97	+0.167%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDTlong	0.0000%	8h	107.79	long leg	$119K	$12K	50x
OKX WMT-USDT-SWAP	0.0000%	8h	108.11	+0.297%	$82K	$34K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.85	+0.056%	$816K	$27K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.91	+0.111%	$542K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.94	+0.136%	$61K	$76K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.92	+0.118%	$280	$131K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX WMT-USDT	0.0000%	8h	108.39	+0.557%	$5K	$351K	20x	as long as short
QFEX WMT-USD	+0.0008%	1h	107.90	+0.102%	$1.1M	$2.6M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.900%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.79	0.000%	$34K	$591K	20x
SunX WMT-USDT	+0.0100%	8h	107.95	+0.148%	$2K	$2.9M	10x	as long as short