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

WAXP

All WAXP markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BybitWAXPUSDT
0.003878+0.0100pay 0.0050% / 4h8m 12s$300K$86K25xLong Bybit
SHORT
BitgetWAXPUSDT
0.003882+0.0100get 0.0050% / 4h8m 12s$148K$11K25xShort Bitget
Price gap+0.090%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.

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+$3spread +0.090% now, avg +0.057% → +0.034% if it goes back
Costs−$2142.135% of $10k · taker + slippage, in and out
Result−$221−2.21%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+0.090%
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

2 ok · 3 to watch
  • Watch: Thin at this size62.1 / 47.8 bp
    At $10k entering Bybit costs 62.1 bp, fee and slippage, 1.3× Bitget’s.
  • Note: Margin at max leverage$400 + $400
    Bybit 25x, Bitget 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 Bybit: 6 payments, −$3.00; short Bitget: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.090% vs +0.057%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short 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: KYCBybit Yes · Bitget Yes
    Standard verification is mandatory for every product.

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+0.090% → +0.057% (7d avg)+$3.37
Slippage, 4 orderslive order books−$190.53
Fee Bybit bp × 2 orders−$11.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$220.55
Costs to cover2.135%Break-evennever at this rate
Slippage: Bybit: live order book, 27 min ago; Bitget: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit6.5162.1 bp−$621098.5 bp−$11.0Kdoesn’t fitdoesn’t fit
SELL · SHORTBitget7.7747.8 bp−$48400.6 bp−$4,006doesn’t fitdoesn’t fit

Closing costs about the same again.

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