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AXARBITRAGEX
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W Funding Rates

W perp funding on 26 venues, normalized to APR. High APR is not guaranteed yield.
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Venues26
Highest APR77.53%XT
Lowest APR-49.53%Crypto.com
Verified signals, 14 days141Average net 5.5 bps
26 rates
WXT+0.0354%4h+77.5%n/an/an/a
WBackpack+0.0026%1h+22.7%+0.026%*+0.026%*n/a
WDeepcoin+0.0089%4h+19.5%+0.004%*+0.004%*n/a
WKraken+0.0019%1h+16.6%n/an/an/a
WMEXC+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WKuCoin+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WWhiteBIT+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WBTSE+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WToobit+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WWEEX+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WBitunix+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WArcus+0.0013%1h+10.9%+0.007%*+0.007%*n/a
WGRVT+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WBinance+0.0049%4h+10.7%+0.005%*+0.005%*n/a
WBingX+0.0046%4h+10.1%+0.005%*+0.005%*n/a
WLBank+0.0046%4h+10.1%+0.005%*+0.005%*n/a
WGate+0.0034%4h+7.4%-0.003%*-0.003%*n/a
WBitget+0.0034%4h+7.4%+0.005%*+0.005%*n/a
WHelix+0.0004%1h+3.6%-0.002%*-0.002%*n/a
WAster0.0000%4h-0.1%+0.005%*+0.005%*n/a
WHyperliquid-0.0022%1h-19.6%n/an/an/a
WOKX-0.0096%4h-21.0%-0.002%*-0.002%*n/a
WDeribit-0.0224%8h-24.5%n/an/an/a
WBybit-0.0130%4h-28.6%+0.005%*+0.005%*n/a
WZoomex-0.0130%4h-28.6%+0.005%*+0.005%*n/a
WCrypto.com-0.0057%1h-49.5%n/an/an/a

Paid is what a short collected per dollar over the last 7 or 30 days, from the settlements we kept. * marks a stretch with settlements missing, which is never filled in.

W funding paid, last 30 days

Each settlement as we read its rate just before it paid. A venue that names no settlement time, or a stretch we missed, has no line, never a guess.

12%0%-6%Nov 4Nov 4
  • Binance+0.005% paid, 1x
  • OKX-0.002% paid, 1x
  • WhiteBIT+0.005% paid, 1x

APR of each settlement. Paid is what a short collected per dollar, summed.

W regional premiums

Where it trades for a local currency, how far that price sits from the USDT price.

W/TRY0.0 bps24h avg 0.0 bpsNone
VenuePrice (TRY)TRY per USDTPremiumRoute
BtcTurk WTRY0.560449.960.0 bps—
CoinTR WTRY0.560549.980.0 bps—
Paribu w_tl0.560749.950.0 bps—
W/KRW0.0 bps24h avg -2.1 bpsNone
VenuePrice (KRW)KRW per USDTPremiumRoute
Upbit KRW-W15.151,3450.0 bps—
Korbit w_krw14.731,344.50.0 bps—
Bithumb KRW-W14.961,344.5-66.0 bps—
W/EUR0.0 bps24h avg 0.0 bpsNone
VenuePrice (EUR)EUR per USDTPremiumRoute
Bitstamp weur0.0099930.88940.0 bps—
Bitvavo W-EUR0.0099920.88960.0 bps—
10-14Nov 4, 20:40Nov 4, 23:40
  • TRY0.0 bps
  • KRW-4.7 bps
  • EUR0.0 bps

5-minute means over the USDT price, in bps. A break is a stretch with no fresh book.

Each local price is converted at that exchange's own USDT book, the rate its money really converts at, and compared with the middle USDT price on order book exchanges. Verified means a route that passes every check trades that market the way the premium pays. A premium is not a promise of profit.

Where W trades

24-hour volume and open interest, as each venue publishes them. A venue that publishes none shows n/a.

VenueType24h volumeOpen interest
BinanceWUSDTPerp$6.6Mn/a
OKXW-USDT-SWAPPerp$3.5M$1.6M
BloFinW-USDTSpot$3.3M
WhiteBITW_PERPPerp$3.1Mn/a
ZoomexWUSDTPerp$3.0Mn/a
BybitWUSDTPerp$3.0M$4.1M
LBankWUSDTPerp$1.2Mn/a
BitgetWUSDTPerp$969k$1.3M
BinanceWUSDTSpot$919k
BingXW-USDTPerp$907kn/a
WhiteBITW_USDTSpot$697k
ToobitW-SWAP-USDTPerp$664kn/a

Recent W gaps

From the free feed and the Proof Log, at least 15 minutes old. Paid plans and the trial see them live.

No W gap in the free feed or the latest Proof Log rows right now.

Across 25 venues over 1 of the last 14 days. Last closed Nov 4, 23:27 UTC. See the Proof Log.

See W routes as they open

Net after fees, depth and transfer checks, on every venue we read. No card required.

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