WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against KuCoin−0.084%7-day average +0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,215as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,210as in the Price arb table

costs, in and out, $10k−$1,19411.936% of the position

Long on KuCoin Short on Gate

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)+0.135%+$13 · spread now −0.084%, 7d avg +0.077%

Together, before fees−0.075%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.161% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.077%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WMTUSDTM	107.56	0.0100	pay 0.0100% / 8h	13m 45s	$33K	$821K	20x
Short	Gate WMT_USDT	107.47	0	get 0.0000% / 8h	13m 45s	$814K	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.084%Rate

Funding earned: −$21
Price spread: −0.084% → +0.077%: −$16.1
Slippage, 4 orders: −$1,166.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,230.74
Costs to cover: 11.936%
Break-even: never at this rate

Slippage from KuCoin: live order book, 51 min ago; Gate: live order book, 63 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, 51 min ago	12.55 bp	244.7 bp −$245	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 63 min ago	2.33 bp	253.1 bp −$253	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	−0.0805%	4h	107.46	−0.093%	$15K	$256K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.32	−0.219%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.67	+0.102%	$118K	$12K	50x	as long as short
Gate WMT_USDTshort	0.0000%	8h	107.47	−0.084%	$814K	$20K	25x
Bitget WMTUSDT	0.0000%	8h	107.51	−0.046%	$540K	$123K	50x	as long as short
HTX WMT-USDT	0.0000%	8h	107.49	−0.065%	$5K	$347K	20x	as long as short
QFEX WMT-USD	+0.0029%	1h	107.48	−0.074%	$1.1M	$2.8M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.688%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTMlong	+0.0100%	8h	107.56	long leg	$33K	$821K	20x
SunX WMT-USDT	+0.0100%	8h	107.49	−0.065%	$2K	$3.0M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WMT-USDT-SWAP	+0.0105%	8h	107.68	+0.112%	$82K	$34K	20x	as long as short
Variational Omni WMT	+0.0600%	8h	107.47	−0.084%	$61K	$79K	—	as long as short
Binance WMTUSDT	+0.0823%	8h	107.51	−0.051%	$1.6M	$1.1M	20x	as long as short
Extended WMT-USD	+0.0824%	1h	107.49	−0.070%	$23K	$115K	10x	as long as short
GRVT WMT_USDT_Perp	+0.0937%	8h	107.49	−0.066%	$277	$126K	10x	as long as short