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 +0.030%

Price spread now: KuCoin against Gate−0.037%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,747as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,764as in the Price arb table

costs, in and out, $10k−$1,76817.679% of the position

Long on Gate 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)−0.022%−$2 · spread now −0.037%, 7d avg −0.071%

Together, before fees+0.188%+$19 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 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WMT_USDT	107.70	0	get 0.0000% / 8h	4h 58m	$807K	$27K	25x
Short	KuCoin WMTUSDTM	107.66	0.0100	get 0.0100% / 8h	4h 58m	$34K	$692K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.037%Rate

Funding earned: $21
Price spread: −0.037% → −0.071%: $3.43
Slippage, 4 orders: −$1,740.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,743.46
Costs to cover: 17.679%
Break-even: 588.2 days

Slippage from Gate: live order book, 47 min ago; KuCoin: live order book, 38 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 Gate live order book, 47 min ago	4.64 bp	121.6 bp −$122	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 38 min ago	11.61 bp	717.6 bp −$718	doesn't fit	doesn't fit	doesn't fit

WMT on 15 exchanges

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	107.72	+0.022%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.73	+0.027%	$23K	$89K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	107.76	+0.060%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.71	+0.009%	$120K	$15K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.90	+0.186%	$84K	$35K	10x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.70	long leg	$807K	$27K	25x
Bitget WMTUSDT	0.0000%	8h	107.74	+0.037%	$552K	$100K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.76	+0.057%	$60K	$62K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.78	+0.072%	$331	$138K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.17	+0.436%	$5K	$340K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.817%	$3K	$26K	12x	as long as short
QFEX WMT-USD	+0.0037%	1h	107.74	+0.037%	$1.1M	$2.4M	10x	as long as short
KuCoin WMTUSDTMshort	+0.0100%	8h	107.66	−0.037%	$34K	$692K	20x
SunX WMT-USDT	+0.0100%	8h	107.77	+0.065%	$1K	$2.6M	10x	as long as short
edgeX WMTUSDC	+0.0656%	4h	107.76	+0.058%	$15K	$256K	10x	as long as short