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 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: KuCoin against Bybit−0.308%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$867as in the Funding arb table
Net, price: spread back to 7d avg − costs−$893as in the Price arb table
costs, in and out, $10k−$8698.689% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.308%, 7d avg −0.067%
Together, before fees+0.247%+$25 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 0.241% cheaper against Bybit than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WAXPUSDT0.0055220.0100pay 0.0050% / 4h2h 58m$502K$129K25x
ShortKuCoin WAXPUSDTM0.0055050.0100get 0.0050% / 4h2h 58m$204K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: −0.308% → −0.067%
−$24.09
Slippage, 4 orders
−$845.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$892.98
Costs to cover
8.689%
Break-even
never at this rate
Slippage from Bybit: live order book, 26 min ago; KuCoin: live order book, 23 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 Bybit live order book, 26 min ago4.56 bp126.3 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 23 min ago21.01 bp296.5 bp −$297doesn'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%4h0.005513−0.163%$1.0M$932K25xas long as short
Bybit WAXPUSDTlong+0.0100%4h0.005522long leg$502K$129K25x
Gate WAXP_USDT+0.0100%4h0.005510−0.217%$95K$26K20xas long as short
MEXC WAXP_USDT+0.0100%4h0.005514−0.145%$106K$89K20xas long as short
KuCoin WAXPUSDTMshort+0.0100%4h0.005505−0.308%$204K$34K20x
Bitget WAXPUSDT+0.0100%4h0.005520−0.036%$235K$116K25xas long as short
BingX WAXP-USDT+0.0100%4h0.005519−0.054%$2.3Mas long as short