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 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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.149%+$15 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WAXP-USDT0.0055200.0100pay 0.0050% / 4h1h 43m$2.3M
ShortBybit WAXPUSDT0.0055180.0100get 0.0050% / 4h1h 43m$512K$115K25x

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 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: −0.036% → +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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago7.26 bp35.7 bp −$36212.8 bp −$2,128521.2 bp −$52.1K549.5 bp −$274.8K
Sell Bybit live order book, 31 min ago6.34 bp143.5 bp −$144doesn't fitdoesn'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 WAXPUSDT+0.0100%4h0.005518−0.040%$1.0M$971K25xas long as short
Bybit WAXPUSDTshort+0.0100%4h0.005518−0.036%$512K$115K25x
Gate WAXP_USDT+0.0100%4h0.005511−0.163%$96K$38K20xas long as short
MEXC WAXP_USDT+0.0100%4h0.005515−0.091%$102K$94K20xas long as short
KuCoin WAXPUSDTM+0.0100%4h0.005505−0.272%$209K$37K20xas long as short
Bitget WAXPUSDT+0.0100%4h0.005518−0.036%$243K$165K25xas long as short
BingX WAXP-USDTlong+0.0100%4h0.005520long leg$2.3M