WAXL arbitrage between HTX and BingX: we compare the price of WAXL on HTX (spot) and BingX (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Wrapped Axelar

Axelar powers the interchain future. Axelar is a programmable blockchain interoperability layer that spans all of Web3. That means application users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus.

Crypto-Backed Tokens, Wrapped-Tokens

Over the past 24 hours the spread between HTX and BingX stayed between 0.23% and 1.72%, median 1.33% across 163 samples (spot to spot).

WAXL: HTX — deposit open, withdrawal open; BingX — deposit open, withdrawal open.

About WAXL arbitrage

How do I read the WAXL spread?

The spread is how many percent higher WAXL trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HTX and BingX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get WAXL alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.