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 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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.314%+$31 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WAXP-USDT0.0054820.0100pay 0.0050% / 4h2h 12m$2.3M
ShortKuCoin WAXPUSDTM0.0054700.0100get 0.0050% / 4h2h 12m$207K$30K20x

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 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: −0.219% → −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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago5.48 bp37.9 bp −$38196.6 bp −$1,966489.9 bp −$49.0K516.8 bp −$258.4K
Sell KuCoin live order book, 43 min ago20.93 bp327.2 bp −$327doesn'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%4h0.005487+0.093%$1.0M$961K25xas long as short
Bybit WAXPUSDT+0.0100%4h0.005483+0.018%$496K$124K25xas long as short
Gate WAXP_USDT+0.0100%4h0.005474−0.146%$95K$29K20xas long as short
MEXC WAXP_USDT+0.0100%4h0.005486+0.073%$106K$96K20xas long as short
KuCoin WAXPUSDTMshort+0.0100%4h0.005470−0.219%$207K$30K20x
Bitget WAXPUSDT+0.0100%4h0.005492+0.182%$239K$119K25xas long as short
BingX WAXP-USDTlong+0.0100%4h0.005482long leg$2.3M