Settings8H · net · $10k
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Funding arb · Price arb / Crypto

WAXP

All WAXP markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BitgetWAXPUSDT
0.003874+0.0100pay 0.0050% / 4h3h 58m$148K$11K25xLong Bitget
SHORT
BybitWAXPUSDT
0.003868+0.0100get 0.0050% / 4h3h 58m$300K$87K25xShort Bybit
Price gap−0.168%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.111% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$100.0000% /8h now · paid +0.104% over the last 7D
Price−$11spread −0.168% now, avg −0.057% → −0.111% if it goes back
Costs−$2142.135% of $10k · taker + slippage, in and out
Result−$214−2.14%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.168%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WAXP on 7 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size43.7 / 59.9 bp
    At $10k entering Bybit costs 59.9 bp, fee and slippage, 1.4× Bitget’s.
  • Note: Margin at max leverage$400 + $400
    Bitget 25x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.168% vs −0.057%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$148K vs $300K OI
    Bitget sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · Bybit Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0049%/8h × 21 periods+$10.39
Price spread−0.168% → −0.057% (7d avg)−$11.12
Slippage, 4 orderslive order books−$190.53
Fee Bitget bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$214.26
Costs to cover2.135%Break-even151.4 days
Slippage: Bitget: live order book, 19 min ago; Bybit: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget7.7743.7 bp−$44672.8 bp−$6,728doesn’t fitdoesn’t fit
SELL · SHORTBybit6.5159.9 bp−$60doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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