Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.272%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$734as in the Price arb table
costs, in and out, $10k−$7037.031% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.406%+$41 · spread now −0.272%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.304% cheaper against Binance than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WAXPUSDT | 0.005511 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $1.0M | $963K | 25x |
| Short | KuCoin WAXPUSDTM | 0.005496 | 0.0100 | get 0.0050% / 4h | 2h 51m | $208K | $31K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.272% → +0.032%
- −$30.4
- Slippage, 4 orders
- −$681.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$733.54
- Costs to cover
- 7.031%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 4 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, 11 min ago | 0.91 bp | 34.0 bp −$34 | 257.8 bp −$2,578 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 20.93 bp | 327.2 bp −$327 | 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 | 0.005511 | long leg | $1.0M | $963K | 25x | |
| Bybit WAXPUSDT | +0.0100% | 4h | 0.005509 | −0.036% | $503K | $116K | 25x | as long as short |
| Gate WAXP_USDT | +0.0100% | 4h | 0.005505 | −0.109% | $96K | $29K | 20x | as long as short |
| MEXC WAXP_USDT | +0.0100% | 4h | 0.005510 | −0.018% | $106K | $94K | 20x | as long as short |
| KuCoin WAXPUSDTMshort | +0.0100% | 4h | 0.005496 | −0.272% | $208K | $31K | 20x | |
| Bitget WAXPUSDT | +0.0100% | 4h | 0.005519 | +0.145% | $244K | $126K | 25x | as long as short |
| BingX WAXP-USDT | +0.0100% | 4h | 0.005513 | +0.036% | — | $2.3M | — | as long as short |
Binance WAXPUSDT
KuCoin WAXPUSDTM
Bybit WAXPUSDT
Gate WAXP_USDT
MEXC WAXP_USDT
Bitget WAXPUSDT
BingX WAXP-USDT