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: Binance against Bybit−0.056%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.056%, 7d avg −0.047%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WMTUSDT | 108.19 | 0 | get 0.0000% / 8h | 2h 02m | $120K | $15K | 50x |
| Short | Binance WMTUSDT | 108.13 | 0 | get 0.0000% / 8h | 2h 02m | $1.6M | $1.1M | 20x |
Bybit WMTUSDT
Binance WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.056% → −0.047%
- −$0.9
- Slippage, 4 orders
- −$66.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.82
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 28 min ago; Binance: live order book, 1 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 Bybit live order book, 28 min ago | 9.71 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.93 bp | 12.3 bp −$12 | 44.7 bp −$447 | 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 | −0.0660% | 4h | 108.13 | −0.054% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.98 | −0.191% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 108.10 | −0.081% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDTshort | 0.0000% | 8h | 108.13 | −0.056% | $1.6M | $1.1M | 20x | |
| Bybit WMTUSDTlong | 0.0000% | 8h | 108.19 | long leg | $120K | $15K | 50x | |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 108.32 | +0.120% | $81K | $35K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 108.08 | −0.102% | $810K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 108.11 | −0.074% | $543K | $94K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 108.14 | −0.045% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 108.14 | −0.044% | $111 | $134K | 10x | as long as short |
edgeX WMTUSDC
Aster WMTUSDT
Extended WMT-USD
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_PerpShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX WMT-USDT | 0.0000% | 8h | 108.57 | +0.351% | $5K | $347K | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −1.266% | $3K | $26K | 12x | as long as short |
| QFEX WMT-USD | +0.0045% | 1h | 108.13 | −0.055% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin WMTUSDTM | +0.0100% | 8h | 108.03 | −0.148% | $34K | $553K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 108.15 | −0.037% | $2K | $2.9M | 10x | as long as short |
HTX WMT-USDT
Injective WMT/USDC PERP
QFEX WMT-USD
KuCoin WMTUSDTM
SunX WMT-USDT