WMT

Alert: funding

Alert: spread

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: Gate against KuCoin+0.028%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,847as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,830as in the Price arb table

costs, in and out, $10k−$1,82618.258% 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)+0.042%+$4 · spread now +0.028%, 7d avg +0.075%

Together, before fees−0.168%−$17 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 0.047% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.075%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WMTUSDTM	107.31	0.0100	pay 0.0100% / 8h	4h 36m	$33K	$673K	20x
Short	Gate WMT_USDT	107.34	0	get 0.0000% / 8h	4h 36m	$813K	$26K	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 +0.028%Rate

Funding earned: −$21
Price spread: +0.028% → +0.075%: −$4.71
Slippage, 4 orders: −$1,798.78
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,851.49
Costs to cover: 18.258%
Break-even: never at this rate

Slippage from KuCoin: live order book, 48 min ago; Gate: live order book, 20 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, 48 min ago	12.10 bp	771.7 bp −$772	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 20 min ago	4.19 bp	116.2 bp −$116	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	−0.0294%	4h	107.38	+0.070%	$15K	$255K	10x	as long as short
Aster WMTUSDT	0.0000%	8h	107.32	+0.006%	$4K	$71	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.50	+0.177%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.55	+0.224%	$81K	$33K	20x	as long as short
Gate WMT_USDTshort	0.0000%	8h	107.34	+0.028%	$813K	$26K	25x
Bitget WMTUSDT	0.0000%	8h	107.42	+0.103%	$540K	$93K	50x	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.41	+0.094%	$440	$128K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	107.82	+0.475%	$5K	$352K	20x	as long as short
QFEX WMT-USD	+0.0010%	1h	107.37	+0.056%	$1.1M	$2.7M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.457%	$3K	$26K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni WMT	+0.0049%	8h	107.38	+0.065%	$60K	$76K	—	as long as short
KuCoin WMTUSDTMlong	+0.0100%	8h	107.31	long leg	$33K	$673K	20x
SunX WMT-USDT	+0.0100%	8h	107.38	+0.065%	$1K	$2.9M	10x	as long as short
Binance WMTUSDT	+0.0166%	8h	107.41	+0.089%	$1.6M	$1.0M	20x	as long as short
Extended WMT-USD	+0.0168%	1h	107.37	+0.060%	$23K	$115K	10x	as long as short