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: Bybit against Binance+0.090%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$388as in the Funding arb table
Net, price: spread back to 7d avg − costs−$375as in the Price arb table
costs, in and out, $10k−$3753.746% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.090%, 7d avg +0.094%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WAXPUSDT | 0.005508 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $1.0M | $966K | 25x |
| Short | Bybit WAXPUSDT | 0.005513 | 0.0100 | get 0.0050% / 4h | 2h 35m | $512K | $115K | 25x |
Binance WAXPUSDT
Bybit WAXPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: +0.090% → +0.094%
- −$0.34
- Slippage, 4 orders
- −$353.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$374.9
- Costs to cover
- 3.746%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 48 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 Binance live order book, 12 min ago | 2.73 bp | 34.9 bp −$35 | 299.8 bp −$2,998 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 48 min ago | 4.54 bp | 137.7 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
WAXP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WAXPUSDTlong | +0.0100% | 4h | 0.005508 | long leg | $1.0M | $966K | 25x | |
| Bybit WAXPUSDTshort | +0.0100% | 4h | 0.005513 | +0.090% | $512K | $115K | 25x | |
| Gate WAXP_USDT | +0.0100% | 4h | 0.005492 | −0.291% | $96K | $39K | 20x | as long as short |
| MEXC WAXP_USDT | +0.0100% | 4h | 0.005506 | −0.037% | $102K | $96K | 20x | as long as short |
| KuCoin WAXPUSDTM | +0.0100% | 4h | 0.005506 | −0.037% | $209K | $35K | 20x | as long as short |
| Bitget WAXPUSDT | +0.0100% | 4h | 0.005503 | −0.091% | $242K | $166K | 25x | as long as short |
| BingX WAXP-USDT | +0.0100% | 4h | 0.005510 | +0.036% | — | $2.3M | — | as long as short |
Gate WAXP_USDT
MEXC WAXP_USDT
KuCoin WAXPUSDTM
Bitget WAXPUSDT
BingX WAXP-USDT