WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0794%/8h= +86.9% APRnext payment +$7.94 per $10,000 · paid last 24h +0.100%

Price spread now: Binance against Gate+0.053%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1501.503% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 2 days (all we have)−0.004%$0 · spread now +0.053%, 7d avg +0.046%

Together, before fees+0.158%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.94 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	Gate WMT_USDT	107.46	0	get 0.0000% / 8h	7h 28m	$814K	$20K	25x
Short	Binance WMTUSDT	107.52	0.0794	get 0.0794% / 8h	7h 28m	$1.6M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.053%Rate

Funding earned: $166.71
Price spread: +0.053% → +0.046%: $0.68
Slippage, 4 orders: −$125.32
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: $17.07
Costs to cover: 1.503%
Break-even: 6.3 days

Slippage from Gate: live order book, 43 min ago; Binance: live order book, 4 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, 43 min ago	3.26 bp	17.9 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.93 bp	11.1 bp −$11	48.1 bp −$481	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	107.38	−0.071%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.58	+0.112%	$118K	$12K	50x	as long as short
Gate WMT_USDTlong	0.0000%	8h	107.46	long leg	$814K	$20K	25x
Bitget WMTUSDT	0.0000%	8h	107.46	0.000%	$540K	$97K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.47	+0.011%	$613	$126K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.56	+0.093%	$6K	$348K	20x	as long as short
QFEX WMT-USD	+0.0030%	1h	107.48	+0.019%	$1.1M	$2.8M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.596%	$3K	$26K	12x	as long as short
OKX WMT-USDT-SWAP	+0.0088%	8h	107.63	+0.158%	$82K	$34K	20x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.52	+0.056%	$33K	$793K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX WMT-USDT	+0.0100%	8h	107.48	+0.019%	$2K	$2.9M	10x	as long as short
edgeX WMTUSDC	+0.0109%	4h	107.46	+0.002%	$15K	$256K	10x	as long as short
Variational Omni WMT	+0.0596%	8h	107.46	+0.003%	$61K	$76K	—	as long as short
Extended WMT-USD	+0.0792%	1h	107.47	+0.007%	$23K	$115K	10x	as long as short
Binance WMTUSDTshort	+0.0794%	8h	107.52	+0.053%	$1.6M	$1.0M	20x