Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.193%
Price spread now: MEXC against Aster−0.347%7-day average +0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 5 days (all we have)+0.850%+$85 on $10k
+Price spread, last 7 days+0.292%+$29 · spread now −0.347%, 7d avg +0.133%
=Together, before fees+1.143%+ Points / potential airdropAster: Stage 5 · farm board+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.480% cheaper against Aster than usual: you would sell low and buy high (spread −0.347% now, against its 7-day average of +0.133%). If the spread goes back, that is −$48 on $10k: about 3 months of funding at the current rate (+$1 a day). At the pace of the last 5 days (+0.850% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.7849 | 0.1033 | pay 0.0517% / 4h | 3h 42m | $2.2M | $2.9M | 5x |
| Short | MEXC BTW_USDT | 0.7822 | 0.1054 | get 0.0527% / 4h | 3h 42m | $9.3M | $6.2M | 20x |
Aster BTWUSDT
MEXC BTW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.38
- Price spread: −0.347% → +0.133%
- −$47.98
- Slippage, 4 orders
- −$61.26
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$112.85
- Costs to cover
- 0.693%
- Break-even
- 187.2 days
Slippage from Aster: live order book, 1 min ago; MEXC: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 1 min ago | 6.73 bp | 16.7 bp −$17 | 626.5 bp −$6,265 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.63 bp | 9.2 bp −$9 | 45.3 bp −$453 | 203.3 bp −$20.3K | 696.6 bp −$348.3K |
BTW on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.7808 | −0.528% | $3.3M | $16.1M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7900 | +0.647% | $197K | $745K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0894% | 4h | 0.7809 | −0.510% | $7.1M | $4.8M | 10x | as long as short |
| Bybit BTWUSDT | +0.0961% | 4h | 0.7807 | −0.535% | $15.3M | $38.6M | 10x | as long as short |
| Bitget BTWUSDT | +0.1022% | 4h | 0.7816 | −0.421% | $24.6M | $13.6M | 5x | as long as short |
| BingX BTW-USDT | +0.1026% | 4h | 0.7819 | −0.385% | — | $4.4M | — | as long as short |
| Aster BTWUSDTlong | +0.1033% | 4h | 0.7849 | long leg | $2.2M | $2.9M | 5x | |
| MEXC BTW_USDTshort | +0.1054% | 4h | 0.7822 | −0.347% | $9.3M | $6.2M | 20x | |
| Binance BTWUSDT | +0.1054% | 4h | 0.7831 | −0.232% | $109.0M | $168.4M | 10x | as long as short |
| Extended BTW-USD | +0.1056% | 1h | 0.7816 | −0.417% | $37K | $11K | 5x | as long as short |
Gate BTW_USDT
HTX BTW-USDT
KuCoin BTWUSDTM
Bybit BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
Binance BTWUSDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.1058% | 4h | 0.7882 | +0.416% | $325K | $502K | 10x | as long as short |
edgeX BTWUSDC