WAVES funding rates and arbitrage
Updated 2026-11-11 23:02 UTC
Best WAVES arbitrage after every cost
No WAVES pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
WAVES funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| KuCoin | WAVESUSDTM | -0.2125% | 8 h | −232.7% | −132.1% | $254.9K | 2026-11-12 00:00 |
| BingX | WAVES-USDT | -0.3355% | 8 h | −367.4% | −199.1% | $950.5K | 2026-11-12 00:00 |
| Variational | WAVES-PERP | -0.3376% | 8 h | −369.7% | −359.5% | $1.7K | 2026-11-12 00:00 |
| Bybit | WAVESUSDT | -0.3518% | 8 h | −385.2% | −221.1% | $1.4M | 2026-11-12 00:00 |
| BloFin | WAVES-USDT | -0.3547% | 8 h | −388.4% | −221.2% | $95.7K | 2026-11-12 00:00 |
Borrow WAVES to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 429.80% | $10K |
Cost to enter $10,000 of WAVES
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Variational | WAVES-PERP | 10.8 bp | top of book only |
| Bybit | WAVESUSDT | 10.9 bp | top of book only |
| BingX | WAVES-USDT | 13.1 bp | top of book only |
| BloFin | WAVES-USDT | 19.5 bp | top of book only |
| Bybit | WAVESUSDT (spot) | 28.9 bp | top of book only |
| Gate | WAVES_USDT (spot) | 46.1 bp | top of book only |
| KuCoin | WAVESUSDTM | 71.0 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on WAVES
Questions
Is WAVES funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no WAVES pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest WAVES funding rate?
KuCoin at −232.7% a year (-0.2125% every 8 h); the lowest is BloFin at −388.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.