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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.018%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.032%−$3 on $10k
Price spread, last 6 days (all we have)−0.041%−$4 · spread now −0.018%, 7d avg −0.056%
Together, before fees−0.072%−$7 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: Binance is 0.038% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WAXP-USDT0.0055320.0100pay 0.0050% / 4h1h 41m$2.3M
ShortBinance WAXPUSDT0.0055310.0100get 0.0050% / 4h1h 41m$1.0M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.018% → −0.056%
$3.78
Slippage, 4 orders
−$114.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$130.99
Costs to cover
1.348%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 6 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 BingX live order book, 6 min ago5.44 bp39.8 bp −$40212.9 bp −$2,129538.3 bp −$53.8K568.2 bp −$284.1K
Sell Binance live order book, 6 min ago1.81 bp28.4 bp −$28204.2 bp −$2,042doesn'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 WAXPUSDTshort+0.0100%4h0.005531−0.018%$1.0M$1.1M25x
Bybit WAXPUSDT+0.0100%4h0.005533+0.018%$510K$132K25xas long as short
Gate WAXP_USDT+0.0100%4h0.005524−0.145%$96K$35K20xas long as short
MEXC WAXP_USDT+0.0100%4h0.005538+0.108%$100K$93K20xas long as short
KuCoin WAXPUSDTM+0.0100%4h0.005527−0.090%$209K$36K20xas long as short
Bitget WAXPUSDT+0.0100%4h0.005542+0.181%$249K$165K25xas long as short
BingX WAXP-USDTlong+0.0100%4h0.005532long leg$2.3M