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

WAXP

All WAXP markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXWAXP-USDT
0.003880+0.0070pay 0.0035% / 4h8m 11s$334K$675K—Long BingX
SHORT
BinanceWAXPUSDT
0.003881+0.0100get 0.0050% / 4h8m 11s$751K$772K25xShort Binance
Price gap+0.026%
Funding gap+0.0030% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

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+$1spread +0.026% now, avg +0.018% → +0.008% if it goes back
Costs−$1001.002% of $10k · taker + slippage, in and out
Result−$90−0.90%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+0.026%
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 · 3 to watch
  • Watch: Thin at this size24.2 / 27.2 bp
    At $10k entering Binance costs 27.2 bp, fee and slippage, 1.1× BingX’s.
  • Note: Margin at max leverage— + $400
    BingX —, Binance 25x. 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 BingX: 6 payments, −$2.10; short Binance: 6 payments, +$3.00.
  • Note: Gap at its usual level+0.026% vs +0.018%
    The price leg adds little either way.
  • Watch: Long leg is thinner$334K vs $751K OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Binance Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

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+0.026% → +0.018% (7d avg)+$0.76
Slippage, 4 orderslive order books−$80.17
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$90.26
Costs to cover1.002%Break-even76.1 days
Slippage: BingX: live order book, 2 min ago; Binance: live order book, 44 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX1.2924.2 bp−$24139.9 bp−$1,399411.8 bp−$41.2K436.7 bp−$218.3K
SELL · SHORTBinance1.3127.2 bp−$27192.6 bp−$1,926doesn’t fitdoesn’t fit

Closing costs about the same again.

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