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: Bybit against KuCoin+0.183%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$793as in the Funding arb table
Net, price: spread back to 7d avg − costs−$779as in the Price arb table
costs, in and out, $10k−$7917.909% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.183%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.116% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WAXPUSDTM | 0.005478 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $203K | $34K | 20x |
| Short | Bybit WAXPUSDT | 0.005488 | 0.0100 | get 0.0050% / 4h | 3h 48m | $499K | $129K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $0
- Price spread: +0.183% → +0.067%
- $11.56
- Slippage, 4 orders
- −$767.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$779.3
- Costs to cover
- 7.909%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 43 min ago; Bybit: live order book, 41 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 KuCoin live order book, 43 min ago | 10.97 bp | 302.9 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 41 min ago | 2.73 bp | 117.8 bp −$118 | doesn't fit | doesn't fit | 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 | 0.005484 | +0.101% | $1.0M | $942K | 25x | as long as short |
| Bybit WAXPUSDTshort | +0.0100% | 4h | 0.005488 | +0.183% | $499K | $129K | 25x | |
| Gate WAXP_USDT | +0.0100% | 4h | 0.005475 | −0.055% | $95K | $28K | 20x | as long as short |
| MEXC WAXP_USDT | +0.0100% | 4h | 0.005483 | +0.091% | $106K | $91K | 20x | as long as short |
| KuCoin WAXPUSDTMlong | +0.0100% | 4h | 0.005478 | long leg | $203K | $34K | 20x | |
| Bitget WAXPUSDT | +0.0100% | 4h | 0.005484 | +0.110% | $237K | $116K | 25x | as long as short |
| BingX WAXP-USDT | +0.0100% | 4h | 0.005487 | +0.164% | — | $2.3M | — | as long as short |
KuCoin WAXPUSDTM
Bybit WAXPUSDT
Binance WAXPUSDT
Gate WAXP_USDT
MEXC WAXP_USDT
Bitget WAXPUSDT
BingX WAXP-USDT