WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0492%/8h= +53.9% APRnext payment +$4.92 per $10,000 · paid last 24h +0.070%

Price spread now: Binance against KuCoin+0.047%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,895as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,895as in the Price arb table

costs, in and out, $10k−$1,89018.898% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 2 days (all we have)+0.063%+$6 · spread now +0.047%, 7d avg +0.099%

Together, before fees+0.015%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.099%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$15 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.92 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	KuCoin WMTUSDTM	107.48	0.0100	pay 0.0100% / 8h	6h 34m	$33K	$758K	20x
Short	Binance WMTUSDT	107.53	0.0592	get 0.0592% / 8h	6h 34m	$1.6M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.047%Rate

Funding earned: $103.36
Price spread: +0.047% → +0.099%: −$5.25
Slippage, 4 orders: −$1,867.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,791.69
Costs to cover: 18.898%
Break-even: 128.3 days

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 14 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 KuCoin live order book, 5 min ago	19.55 bp	872.2 bp −$872	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.40 bp	9.6 bp −$10	48.8 bp −$488	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	107.43	−0.046%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.58	+0.093%	$118K	$12K	50x	as long as short
Gate WMT_USDT	0.0000%	8h	107.52	+0.037%	$815K	$20K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.50	+0.019%	$541K	$94K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.46	−0.015%	$264	$125K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.81	+0.307%	$5K	$350K	20x	as long as short
OKX WMT-USDT-SWAP	+0.0001%	8h	107.55	+0.065%	$82K	$33K	20x	as long as short
QFEX WMT-USD	+0.0019%	1h	107.47	−0.009%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.614%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTMlong	+0.0100%	8h	107.48	long leg	$33K	$758K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX WMT-USDT	+0.0100%	8h	107.51	+0.028%	$1K	$2.9M	10x	as long as short
Variational Omni WMT	+0.0418%	8h	107.50	+0.022%	$61K	$77K	—	as long as short
Extended WMT-USD	+0.0592%	1h	107.50	+0.020%	$23K	$115K	10x	as long as short
Binance WMTUSDTshort	+0.0592%	8h	107.53	+0.047%	$1.6M	$1.0M	20x
edgeX WMTUSDC	+0.0713%	4h	107.45	−0.032%	$15K	$255K	10x	as long as short