Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: KuCoin against BingX−0.219%7-day average −0.003% · 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−$737as in the Price arb table
costs, in and out, $10k−$7167.156% of the position
Funding, last 6 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.330%+$33 · spread now −0.219%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.216% cheaper against BingX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WAXP-USDT | 0.005482 | 0.0100 | pay 0.0050% / 4h | 2h 12m | — | $2.3M | — |
| Short | KuCoin WAXPUSDTM | 0.005470 | 0.0100 | get 0.0050% / 4h | 2h 12m | $207K | $30K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.219% → −0.003%
- −$21.59
- Slippage, 4 orders
- −$693.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$737.14
- Costs to cover
- 7.156%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 43 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, 5 min ago | 5.48 bp | 37.9 bp −$38 | 196.6 bp −$1,966 | 489.9 bp −$49.0K | 516.8 bp −$258.4K |
| Sell KuCoin live order book, 43 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 WAXPUSDT | +0.0100% | 4h | 0.005487 | +0.093% | $1.0M | $961K | 25x | as long as short |
| Bybit WAXPUSDT | +0.0100% | 4h | 0.005483 | +0.018% | $496K | $124K | 25x | as long as short |
| Gate WAXP_USDT | +0.0100% | 4h | 0.005474 | −0.146% | $95K | $29K | 20x | as long as short |
| MEXC WAXP_USDT | +0.0100% | 4h | 0.005486 | +0.073% | $106K | $96K | 20x | as long as short |
| KuCoin WAXPUSDTMshort | +0.0100% | 4h | 0.005470 | −0.219% | $207K | $30K | 20x | |
| Bitget WAXPUSDT | +0.0100% | 4h | 0.005492 | +0.182% | $239K | $119K | 25x | as long as short |
| BingX WAXP-USDTlong | +0.0100% | 4h | 0.005482 | long leg | — | $2.3M | — |
BingX WAXP-USDT
KuCoin WAXPUSDTM
Binance WAXPUSDT
Bybit WAXPUSDT
Gate WAXP_USDT
MEXC WAXP_USDT
Bitget WAXPUSDT