Funding you earn now, next payment 03:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.019%
Price spread now: KuCoin against Extended−0.001%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,885as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,889as in the Price arb table
costs, in and out, $10k−$1,89718.972% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.001%, 7d avg −0.084%
=Together, before fees+0.094%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.083% dearer against Extended than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.084%): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.118% in total (about 6.2% a year). A funding rate is set anew for every payment. 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 | Extended WMT-USD | 107.51 | 0.0432 | pay 0.0054% / 1h | 50m 56s | $23K | $115K | 10x |
| Short | KuCoin WMTUSDTM | 107.51 | 0.0100 | get 0.0100% / 8h | 5h 50m | $33K | $731K | 20x |
Extended WMT-USD
KuCoin WMTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$69.72
- Price spread: −0.001% → −0.084%
- $8.32
- Slippage, 4 orders
- −$1,880.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,958.6
- Costs to cover
- 18.972%
- Break-even
- never at this rate
Slippage from Extended: live order book, 10 min ago; KuCoin: live order book, 48 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 Extended live order book, 10 min ago | 1.39 bp | 15.4 bp −$15 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 19.55 bp | 995.0 bp −$995 | 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 | 107.44 | −0.070% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.63 | +0.111% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.63 | +0.111% | $82K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.53 | +0.018% | $815K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.52 | +0.008% | $541K | $93K | 50x | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.56 | +0.045% | $402 | $125K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.76 | +0.232% | $5K | $351K | 20x | as long as short |
| QFEX WMT-USD | +0.0017% | 1h | 107.51 | −0.001% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.643% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTMshort | +0.0100% | 8h | 107.51 | −0.001% | $33K | $731K | 20x |
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
GRVT WMT_USDT_Perp
HTX WMT-USDT
QFEX WMT-USD
Injective WMT/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX WMT-USDT | +0.0100% | 8h | 107.53 | +0.018% | $2K | $2.9M | 10x | as long as short |
| edgeX WMTUSDC | +0.0263% | 4h | 107.52 | +0.004% | $15K | $255K | 10x | as long as short |
| Variational Omni WMT | +0.0272% | 8h | 107.51 | +0.003% | $61K | $77K | — | as long as short |
| Extended WMT-USDlong | +0.0432% | 1h | 107.51 | long leg | $23K | $115K | 10x | |
| Binance WMTUSDT | +0.0435% | 8h | 107.54 | +0.027% | $1.6M | $1.0M | 20x | as long as short |
SunX WMT-USDT
edgeX WMTUSDC
Variational Omni WMT
Binance WMTUSDT