ArbiLayer

WAXP arbitrage

live

Live WAX price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.06%Gate → Bybit · Perp–Perp
Best perp–perp spread+0.10%Gate → Bybit
Markets tracked117 venues · 6 perp · 5 spot · 0 DEX
Price range0.24%$0.005759 – $0.005773

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.00576Bybit logoBybit$0.005766 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Gate logoGate$0.00576MEXC logoMEXC$0.005765 +0.09%-0.07% +0.09%— 0.000%— LS Chart →
Bitget logoBitget$0.005763Bybit logoBybit$0.005766 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Gate logoGate$0.00576Binance logoBinance$0.005762 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
Bitget logoBitget$0.005763MEXC logoMEXC$0.005765 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
Binance logoBinance$0.005765Bybit logoBybit$0.005766 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Binance logoBinance$0.005765MEXC logoMEXC$0.005765 0.00%-0.16% 0.00%— 0.000%— LS Chart →
MEXC logoMEXC$0.005767Bybit logoBybit$0.005766 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Bitget logoBitget$0.005763Binance logoBinance$0.005762 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Gate logoGate$0.00576Bitget logoBitget$0.005758 -0.03%-0.19% -0.03%— 0.000%— LS Chart →
Bybit logoBybit$0.005768MEXC logoMEXC$0.005765 -0.05%-0.21% -0.05%— 0.000%— LS Chart →
MEXC logoMEXC$0.005767Binance logoBinance$0.005762 -0.09%-0.25% -0.09%— 0.000%— LS Chart →
Gate logoGate$0.00576KuCoin logoKuCoin$0.005755 -0.09%-0.25% -0.09%— 0.000%— LS Chart →
Bybit logoBybit$0.005768Binance logoBinance$0.005762 -0.10%-0.26% -0.10%— 0.000%— LS Chart →
Bitget logoBitget$0.005763Gate logoGate$0.005757 -0.10%-0.26% -0.10%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

WAXP price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · WAXP_USDTPerpetual $0.005757$0.00576$0.005759-0.11% +0.030%$1.48M
Bybit logoBybitPerpetual · WAXPUSDTPerpetual $0.005766$0.005768$0.005767+0.03% +0.030%$204.6K
MEXC logoMEXCPerpetual · WAXP_USDTPerpetual $0.005765$0.005767$0.005766+0.02% +0.030%$96.0K
Bybit logoBybitSpot · WAXPUSDTSpot $0.005768$0.005777$0.005773+0.13% —$71.3K
Bitget logoBitgetPerpetual · WAXPUSDTPerpetual $0.005758$0.005763$0.005761-0.08% +0.030%$39.4K
KuCoin logoKuCoinPerpetual · WAXPUSDTMPerpetual $0.005755$0.005775$0.005765-0.00% +0.030%$23.3K
OKX logoOKXSpot · WAXP-USDTSpot $0.005764$0.005773$0.005769+0.06% —$16.3K
Gate logoGateSpot · WAXP_USDTSpot $0.005754$0.005774$0.005764-0.02% —$14.2K
Binance logoBinancePerpetual · WAXPUSDTPerpetual $0.005762$0.005765$0.005763-0.03% +0.030%—
Binance logoBinanceSpot · WAXPUSDTSpot $0.00576$0.00577$0.0057650.00% ——
MEXC logoMEXCSpot · WAXPUSDTSpot $0.005765$0.005771$0.005768+0.05% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

WAXP arbitrage explained

Right now WAX (WAXP) trades on 7 venues we scan: 6 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.00576 and the highest bid on Bybit spot at $0.005768.

The widest WAXP perpetual spread is between Gate and Bybit: long WAXP on Gate at $0.00576 and short on Bybit at $0.005766 for +0.10% gross, or -0.06% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best WAXP route is to buy spot on Binance and short the perpetual on Bybit: -0.07% gross, -0.27% net, with +0.030% a day of funding on the short leg.

Spot–spot WAXP arbitrage (buy on Binance, withdraw, deposit and sell on Bybit) shows -0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small WAXP gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: WAXP funding rates · WAXP spread charts · WAX price · arbitrage scanner for all coins.

Is there a WAXP arbitrage opportunity right now?

The best WAXP route right now is to buy on Gate → sell on Bybit (Perp–Perp): +0.10% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest WAXP?

Gate (perp) has the lowest WAXP ask at $0.00576, and Bybit (spot) the highest bid at $0.005768. Prices update every 15 seconds on this page.

How many exchanges list WAXP?

ArbiLayer tracks 11 WAXP markets on 7 venues: 6 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage WAXP without transferring coins?

Use two perpetual contracts: go long WAXP on the cheaper exchange (Gate now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins