WAX (WAXP) Funding Rate History
WAX (WAXP) perpetual futures funding ranges from 1.00 bps on BINANCE to 7.10 bps on KUCOIN across 7 reporting venues, a spread of 6.10 bps. The most extreme rate (77.74% APY annualized) is on KUCOIN. Currently all venues currently report positive funding (longs paying shorts).
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on WAXP price.
WAXP Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | 7.10 bps | 77.74% APY | -2.10 bps | $53.10K |
| BINANCE | 1.00 bps | 10.95% APY | 0.70 bps | $1.24M |
| BITGET | 1.00 bps | 10.95% APY | 0.60 bps | $872.88K |
| BYBIT | 1.00 bps | 10.95% APY | -0.30 bps | $131.84K |
| PHEMEX | 1.00 bps | 10.95% APY | 0.90 bps | $98.49K |
| GATEIO | 1.00 bps | 10.95% APY | -1.00 bps | $81.93K |
| MEXC | 1.00 bps | 10.95% APY | 0.70 bps | $70.19K |
Last updated 2026-05-23T15:12:33.446598Z (UTC).
Loading WAXP funding history...
Related: WAXP open interest, WAXP volume, WAXP perp market data.