Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.074%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,567as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,545as in the Price arb table
costs, in and out, $10k−$1,54615.460% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.074%, 7d avg +0.068%
=The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WMTUSDTM | 107.72 | 0.0100 | pay 0.0100% / 8h | 3h 17m | $34K | $603K | 20x |
| Short | Bitget WMTUSDT | 107.80 | 0 | get 0.0000% / 8h | 3h 17m | $542K | $93K | 50x |
KuCoin WMTUSDTM
Bitget WMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$21
- Price spread: +0.074% → +0.068%
- $0.63
- Slippage, 4 orders
- −$1,522
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,566.37
- Costs to cover
- 15.460%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 57 min ago; Bitget: live order book, 33 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, 57 min ago | 13.97 bp | 655.3 bp −$655 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 33 min ago | 1.86 bp | 15.6 bp −$16 | 68.2 bp −$682 | 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 | 107.75 | +0.032% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 107.79 | +0.065% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | 0.0000% | 8h | 107.82 | +0.096% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.67 | −0.046% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.87 | +0.139% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.78 | +0.056% | $816K | $26K | 25x | as long as short |
| Bitget WMTUSDTshort | 0.0000% | 8h | 107.80 | +0.074% | $542K | $93K | 50x | |
| Variational Omni WMT | 0.0000% | 8h | 107.85 | +0.117% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.84 | +0.113% | $770 | $132K | 10x | as long as short |
| HTX WMT-USDT | 0.0000% | 8h | 107.97 | +0.232% | $5K | $351K | 20x | as long as short |
Aster WMTUSDT
Extended WMT-USD
Binance WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WMT-USD | +0.0008% | 1h | 107.81 | +0.084% | $1.1M | $2.6M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.835% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTMlong | +0.0100% | 8h | 107.72 | long leg | $34K | $603K | 20x | |
| SunX WMT-USDT | +0.0100% | 8h | 107.85 | +0.121% | $1K | $2.9M | 10x | as long as short |
| edgeX WMTUSDC | +0.0993% | 4h | 107.85 | +0.123% | $15K | $255K | 10x | as long as short |
QFEX WMT-USD
Injective WMT/USDC PERP
SunX WMT-USDT
edgeX WMTUSDC