Settings8H · net · $10k
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Funding arb · Price arb / Crypto

WAXP

All WAXP markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceWAXPUSDT
0.003874+0.0100pay 0.0050% / 4h3h 58m$751K$777K25xLong Binance
SHORT
BingXWAXP-USDT
0.003871+0.0070get 0.0035% / 4h3h 58m$332K$676K—Short BingX
Price gap−0.077%
Funding gap−0.0030% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.059% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$9−0.0030% /8h now · paid −0.091% over the last 7D
Price−$6spread −0.077% now, avg −0.018% → −0.059% if it goes back
Costs−$1001.002% of $10k · taker + slippage, in and out
Result−$115−1.15%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.077%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WAXP on 7 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size30.8 / 17.9 bp
    At $10k entering Binance costs 30.8 bp, fee and slippage, 1.7× BingX’s.
  • Note: Margin at max leverage$400 + —
    Binance 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$0.90Long Binance: 6 payments, −$3.00; short BingX: 6 payments, +$2.10.
  • Watch: Gap narrower than usual−0.077% vs −0.018%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$332K vs $751K OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · BingX Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0044%/8h × 21 periods−$9.14
Price spread−0.077% → −0.018% (7d avg)−$5.93
Slippage, 4 orderslive order books−$80.17
Fee Binance bp × 2 orders−$10.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$115.24
Costs to cover1.002%Break-evennever at this rate
Slippage: Binance: live order book, 54 min ago; BingX: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance1.3130.8 bp−$31330.0 bp−$3,300doesn’t fitdoesn’t fit
SELL · SHORTBingX1.2917.9 bp−$1895.3 bp−$953499.3 bp−$49.9K545.2 bp−$272.6K

Closing costs about the same again.

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