Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against MEXC+0.018%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.018%, 7d avg +0.030%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WAXP_USDT | 0.005480 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $105K | $91K | 20x |
| Short | BingX WAXP-USDT | 0.005481 | 0.0100 | get 0.0050% / 4h | 3h 53m | — | $2.3M | — |
MEXC WAXP_USDT
BingX WAXP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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: +0.018% → +0.030%
- −$1.2
- Slippage, 4 orders
- −$70.45
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.64
- Costs to cover
- 0.844%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 13 min ago; BingX: live order book, 10 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 MEXC live order book, 13 min ago | 1.82 bp | 10.6 bp −$11 | 60.7 bp −$607 | 241.3 bp −$24.1K | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.46 bp | 31.3 bp −$31 | 111.8 bp −$1,118 | 487.0 bp −$48.7K | 519.6 bp −$259.8K |
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 | 0.005480 | 0.000% | $1.0M | $945K | 25x | as long as short |
| Bybit WAXPUSDT | +0.0100% | 4h | 0.005483 | +0.055% | $498K | $129K | 25x | as long as short |
| Gate WAXP_USDT | +0.0100% | 4h | 0.005475 | −0.091% | $95K | $28K | 20x | as long as short |
| MEXC WAXP_USDTlong | +0.0100% | 4h | 0.005480 | long leg | $105K | $91K | 20x | |
| KuCoin WAXPUSDTM | +0.0100% | 4h | 0.005474 | −0.109% | $203K | $34K | 20x | as long as short |
| Bitget WAXPUSDT | +0.0100% | 4h | 0.005487 | +0.128% | $237K | $116K | 25x | as long as short |
| BingX WAXP-USDTshort | +0.0100% | 4h | 0.005481 | +0.018% | — | $2.3M | — |
Binance WAXPUSDT
Bybit WAXPUSDT
Gate WAXP_USDT
KuCoin WAXPUSDTM
Bitget WAXPUSDT