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

WAXP

all WAXP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.004%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.004%, 7d avg +0.026%
Together, before fees+0.017%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WAXPUSDT0.0055180.0100pay 0.0050% / 4h1h 43m$1.0M$971K25x
ShortBitget WAXPUSDT0.0055180.0100get 0.0050% / 4h1h 43m$243K$165K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
$0
Price spread: +0.004% → +0.026%
−$2.23
Slippage, 4 orders
−$109.18
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$133.41
Costs to cover
1.312%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago0.91 bp30.5 bp −$31285.4 bp −$2,854doesn't fitdoesn't fit
Sell Bitget live order book, 31 min ago6.34 bp36.6 bp −$37282.3 bp −$2,823doesn't fitdoesn't fit

WAXP on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WAXPUSDTlong+0.0100%4h0.005518long leg$1.0M$971K25x
Bybit WAXPUSDT+0.0100%4h0.005518+0.004%$512K$115K25xas long as short
Gate WAXP_USDT+0.0100%4h0.005511−0.123%$96K$38K20xas long as short
MEXC WAXP_USDT+0.0100%4h0.005515−0.051%$102K$94K20xas long as short
KuCoin WAXPUSDTM+0.0100%4h0.005505−0.232%$209K$37K20xas long as short
Bitget WAXPUSDTshort+0.0100%4h0.005518+0.004%$243K$165K25x
BingX WAXP-USDT+0.0100%4h0.005520+0.040%$2.3Mas long as short