Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.100%
Price spread now: Gate against Binance−0.065%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1841.842% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.065%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.030% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WMTUSDT | 108.00 | 0 | get 0.0000% / 8h | 15m 26s | $1.6M | $1.1M | 20x |
| Short | Gate WMT_USDT | 107.93 | 0 | get 0.0000% / 8h | 15m 26s | $809K | $28K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- $0
- Price spread: −0.065% → −0.035%
- −$3.01
- Slippage, 4 orders
- −$159.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$187.19
- Costs to cover
- 1.842%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Gate: live order book, 21 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 Binance live order book, 3 min ago | 0.46 bp | 9.7 bp −$10 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 2.78 bp | 146.2 bp −$146 | 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 | −0.0461% | 4h | 107.99 | −0.012% | $15K | $256K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.88 | −0.109% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 107.98 | −0.021% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDTlong | 0.0000% | 8h | 108.00 | long leg | $1.6M | $1.1M | 20x | |
| Bybit WMTUSDT | 0.0000% | 8h | 108.05 | +0.046% | $120K | $15K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 108.12 | +0.111% | $81K | $34K | 20x | as long as short |
| Gate WMT_USDTshort | 0.0000% | 8h | 107.93 | −0.065% | $809K | $28K | 25x | |
| Bitget WMTUSDT | 0.0000% | 8h | 107.96 | −0.037% | $545K | $95K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.99 | −0.012% | $61K | $75K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 108.01 | +0.009% | $862 | $136K | 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 | 108.44 | +0.408% | $5K | $344K | 20x | as long as short |
| QFEX WMT-USD | +0.0013% | 1h | 107.97 | −0.028% | $1.1M | $2.6M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −1.092% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.88 | −0.111% | $34K | $516K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.99 | −0.009% | $1K | $2.9M | 10x | as long as short |
Binance WMTUSDT
Gate WMT_USDT
edgeX WMTUSDC
Aster WMTUSDT
Extended WMT-USD
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
Injective WMT/USDC PERP
KuCoin WMTUSDTM
SunX WMT-USDT