WAX Funding Rate (WAXP)

Compare WAX perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

WAX current price: $0.003923

Rate MatrixHeatmapCumulative Fees

WAXP Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$1.0M
2KuCoin+0.0050%+10.95%4h00:00 UTC$1.0M
3Bybit+0.0050%+10.95%4h00:00 UTC$0.4M
4WhiteBIT+0.0050%+10.95%4h00:00 UTC$0.2M
5Bitget+0.0050%+10.95%4h$0.2M
6Gatehighest+0.0083%+18.18%4h00:00 UTC$0.1M
7MEXC+0.0050%$0.1M
8Bitunix+0.0050%+10.95%4h00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0054%
OI-Weighted Rate
+0.0051%
Volume-Weighted Rate
+0.0051%

WAXP Funding Rate History

WAXP Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0049%-0.0411%-8.4420%-8.0917%

About WAX Funding Rate

What is the WAXP funding rate?

The WAXP funding rate is a periodic payment between long and short traders on WAX perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged WAXP perpetual position.

What does a positive or negative WAXP funding rate mean?

A persistently positive WAXP funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current WAXP funding rate?

As of now, the WAXP funding rate averages 0.0054% across 8 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest WAXP funding rate?

Right now gate shows the highest (or most extreme) WAXP funding rate among tracked exchanges, at 0.0083%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.