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 Bitget+0.018%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$369as in the Price arb table
costs, in and out, $10k−$3643.639% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.200%−$20 on $10k
Price spread, last 4 days (all we have)+0.176%+$18 · spread now +0.018%, 7d avg +0.067%
Together, before fees−0.023%−$2 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 0.048% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WAXPUSDT0.0055170.0100pay 0.0050% / 4h1h 43m$243K$165K25x
ShortBybit WAXPUSDT0.0055180.0100get 0.0050% / 4h1h 43m$512K$115K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.018% → +0.067%
−$4.84
Slippage, 4 orders
−$340.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$368.77
Costs to cover
3.639%
Break-even
never at this rate
Slippage from Bitget: live order book, 31 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 Bitget live order book, 31 min ago6.34 bp32.2 bp −$32383.4 bp −$3,834doesn't fitdoesn't fit
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%4h0.0055170.000%$1.0M$971K25xas long as short
Bybit WAXPUSDTshort+0.0100%4h0.005518+0.018%$512K$115K25x
Gate WAXP_USDT+0.0100%4h0.005511−0.109%$96K$38K20xas long as short
MEXC WAXP_USDT+0.0100%4h0.005515−0.036%$102K$94K20xas long as short
KuCoin WAXPUSDTM+0.0100%4h0.005505−0.218%$209K$37K20xas long as short
Bitget WAXPUSDTlong+0.0100%4h0.005517long leg$243K$165K25x
BingX WAXP-USDT+0.0100%4h0.005520+0.054%$2.3Mas long as short