Funding you earn now, next payment 04:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.072%7-day average — · 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−$96as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.072% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WAXP-USDT | 0.005528 | 0.0358 | pay 0.0179% / 4h | 46m 20s | — | $2.3M | — |
| Short | MEXC WAXP_USDT | 0.005524 | 0.0100 | get 0.0050% / 4h | 46m 20s | $99K | $93K | 20x |
BingX WAXP-USDT
MEXC WAXP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$54.18
- Price spread: −0.072% → 0.000%
- −$7.24
- Slippage, 4 orders
- −$74.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$150.2
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 35 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, 2 min ago | 5.42 bp | 26.9 bp −$27 | 158.5 bp −$1,585 | 481.3 bp −$48.1K | 511.0 bp −$255.5K |
| Sell MEXC live order book, 35 min ago | 2.69 bp | 11.4 bp −$11 | 74.9 bp −$749 | 245.5 bp −$24.5K | 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 | 0.005524 | −0.064% | $1.0M | $1.1M | 25x | as long as short |
| Gate WAXP_USDT | +0.0100% | 4h | 0.005514 | −0.253% | $96K | $34K | 20x | as long as short |
| MEXC WAXP_USDTshort | +0.0100% | 4h | 0.005524 | −0.072% | $99K | $93K | 20x | |
| KuCoin WAXPUSDTM | +0.0100% | 4h | 0.005521 | −0.127% | $209K | $36K | 20x | as long as short |
| Bitget WAXPUSDT | +0.0100% | 4h | 0.005533 | +0.090% | $249K | $164K | 25x | as long as short |
| BingX WAXP-USDTlong | +0.0358% | 4h | 0.005528 | long leg | — | $2.3M | — | |
| Bybit WAXPUSDT | +0.0401% | 4h | 0.005532 | +0.072% | $509K | $139K | 25x | as long as short |
Binance WAXPUSDT
Gate WAXP_USDT
KuCoin WAXPUSDTM
Bitget WAXPUSDT
Bybit WAXPUSDT