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 BingX−0.036%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$387as in the Price arb table
costs, in and out, $10k−$3783.775% of the position
Funding, last 6 days (all we have)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.036%, 7d avg +0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.094% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WAXP-USDT | 0.005520 | 0.0100 | pay 0.0050% / 4h | 1h 43m | — | $2.3M | — |
| Short | Bybit WAXPUSDT | 0.005518 | 0.0100 | get 0.0050% / 4h | 1h 43m | $512K | $115K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: −0.036% → +0.058%
- −$9.4
- Slippage, 4 orders
- −$356.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$386.95
- Costs to cover
- 3.775%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 31 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 BingX live order book, 4 min ago | 7.26 bp | 35.7 bp −$36 | 212.8 bp −$2,128 | 521.2 bp −$52.1K | 549.5 bp −$274.8K |
| Sell Bybit live order book, 31 min ago | 6.34 bp | 143.5 bp −$144 | 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 WAXPUSDT | +0.0100% | 4h | 0.005518 | −0.040% | $1.0M | $971K | 25x | as long as short |
| Bybit WAXPUSDTshort | +0.0100% | 4h | 0.005518 | −0.036% | $512K | $115K | 25x | |
| Gate WAXP_USDT | +0.0100% | 4h | 0.005511 | −0.163% | $96K | $38K | 20x | as long as short |
| MEXC WAXP_USDT | +0.0100% | 4h | 0.005515 | −0.091% | $102K | $94K | 20x | as long as short |
| KuCoin WAXPUSDTM | +0.0100% | 4h | 0.005505 | −0.272% | $209K | $37K | 20x | as long as short |
| Bitget WAXPUSDT | +0.0100% | 4h | 0.005518 | −0.036% | $243K | $165K | 25x | as long as short |
| BingX WAXP-USDTlong | +0.0100% | 4h | 0.005520 | long leg | — | $2.3M | — |
BingX WAXP-USDT
Bybit WAXPUSDT
Binance WAXPUSDT
Gate WAXP_USDT
MEXC WAXP_USDT
KuCoin WAXPUSDTM
Bitget WAXPUSDT