ArbiLayer

WAXP arbitrage

live

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

Best net spread+0.01%Gate → Bybit · Perp–Perp
Best perp–perp spread+0.17%Gate → Bybit
Markets tracked117 venues · 6 perp · 5 spot · 0 DEX
Price range0.35%$0.005782 – $0.005803

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKXspot$0.005797Bybit logoBybitspot$0.005798 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.005799Bybit logoBybitspot$0.005798 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Binance logoBinancespot$0.0058Bybit logoBybitspot$0.005798 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Gate logoGatespot$0.005803Bybit logoBybitspot$0.005798 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
OKX logoOKXspot$0.005797Binance logoBinancespot$0.00579 -0.12%-0.32% -0.12%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.005799Binance logoBinancespot$0.00579 -0.16%-0.36% -0.16%— 0.000%— LS Chart →
OKX logoOKXspot$0.005797MEXC logoMEXCspot$0.005787 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.005799OKX logoOKXspot$0.005787 -0.21%-0.41% -0.21%— 0.000%— LS Chart →
Gate logoGatespot$0.005803Binance logoBinancespot$0.00579 -0.22%-0.42% -0.22%— 0.000%— LS Chart →
Binance logoBinancespot$0.0058OKX logoOKXspot$0.005787 -0.22%-0.42% -0.22%— 0.000%— LS Chart →
Binance logoBinancespot$0.0058MEXC logoMEXCspot$0.005787 -0.22%-0.42% -0.22%— 0.000%— LS Chart →
OKX logoOKXspot$0.005797Gate logoGatespot$0.005782 -0.26%-0.46% -0.26%— 0.000%— LS Chart →
Gate logoGatespot$0.005803OKX logoOKXspot$0.005787 -0.28%-0.48% -0.28%— 0.000%— LS Chart →
Gate logoGatespot$0.005803MEXC logoMEXCspot$0.005787 -0.28%-0.48% -0.28%— 0.000%— LS Chart →
Bybit logoBybitspot$0.005807Binance logoBinancespot$0.00579 -0.29%-0.49% -0.29%— 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 $0.005782$0.005783$0.005782-0.16% +0.030%$1.57M
Bybit logoBybitPerpetual · WAXPUSDTPerpetual $0.005793$0.005797$0.005795+0.05% +0.030%$239.1K
MEXC logoMEXCPerpetual · WAXP_USDTPerpetual $0.005791$0.005793$0.0057920.00% +0.030%$101.5K
Bybit logoBybitSpot · WAXPUSDTSpot $0.005798$0.005807$0.005803+0.18% —$79.7K
Bitget logoBitgetPerpetual · WAXPUSDTPerpetual $0.005783$0.005791$0.005787-0.09% +0.030%$38.0K
KuCoin logoKuCoinPerpetual · WAXPUSDTMPerpetual $0.005778$0.005799$0.005789-0.06% +0.030%$23.7K
Gate logoGateSpot · WAXP_USDTSpot $0.005782$0.005803$0.005793+0.01% —$15.2K
OKX logoOKXSpot · WAXP-USDTSpot $0.005787$0.005797$0.0057920.00% —$14.3K
Binance logoBinancePerpetual · WAXPUSDTPerpetual $0.00579$0.005793$0.005792-0.01% +0.030%—
Binance logoBinanceSpot · WAXPUSDTSpot $0.00579$0.0058$0.005795+0.05% ——
MEXC logoMEXCSpot · WAXPUSDTSpot $0.005787$0.005799$0.005793+0.02% ——
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 $0.005783 and the highest bid on Bybit spot at $0.005798.

The widest WAXP perpetual spread is between Gate and Bybit: long WAXP on Gate at $0.005783 and short on Bybit at $0.005793 for +0.17% gross, or +0.01% 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 OKX 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 OKX, withdraw, deposit and sell on Bybit) shows +0.02% 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): +0.17% gross and +0.01% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest WAXP?

Gate (perp) has the lowest WAXP ask at $0.005783, and Bybit (spot) the highest bid at $0.005798. 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