← radar
WAXP — funding rate on Bybit
Bybit · WAXPUSDT+0.005%per 4h · +0.001%/hshorts receive
last settlement+0.005%→upcoming payout+0.005%• unchanged
57:24settlement
0calmheat
Price (mark)
0.005425
+2.7% 24h
Vol 24h
$177K
Open interest
$508K
Price move in 2 min
—
avg 7d
-0.006%/h
avg 30d
-0.001%/h
Price and skew
Event life curvePRO · open for now
Across 11 closed events of this pair: a typical one lives 3h 13m, the peak usually lands at minute 5–10
median across 11 eventsmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 1 of 11 cases
median — 0.51% accrued against a 1.65% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.13 · $0.03/hour
- Net snipe per settlement
- $-3.88 = 0.005% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.03×needs 0.160%+ per settlement
- Liquidation price
- 0.006483 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (10)
before cut-off · 5m · the snipe window (10)
avg+0.20% | -0.66%
max-1.91%
after · 5m
avg+1.63% | -0.78%
max+3.51%
before cut-off · 15m
avg+0.30% | -1.33%
max-3.05%
after · 15m
avg+0.97% | -1.34%
max-3.40%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 14.09 12:00 | -0.795% | -3.05% | -3.40% |
| 13.09 16:00 | -0.207% | -0.53% | +0.63% |
| 03.09 04:00 | -0.332% | -0.93% | -0.71% |
| 04.08 08:00 | -0.274% | -0.53% | -1.07% |
| 04.08 04:00 | -0.676% | -0.53% | +0.25% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 10 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 543 settlements
WAXP on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Bybit ← you are here | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Bitget | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Binance+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Bybit← you are here+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Bitget+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: 0.000%/h
WAXP across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bybitevery 4hBinanceevery 4hBitgetevery 4hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0000%/h
widest spread
0.120%/h
14.09 09:00 UTC · Bitget ↔ Bybit
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.