Funding you earn now, next payment 00:00 UTC−0.0247%/8h= −27.1% APRnext payment −$1.24 per $10,000 · paid last 24h +0.149%
Price spread now: Binance against BingX−0.049%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 7 days+0.789%+$79 on $10k
+Price spread, last 7 days+0.185%+$19 · spread now −0.049%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.789%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.8102 | 0.1602 | pay 0.0801% / 4h | 34m 44s | — | $4.4M | — |
| Short | Binance BTWUSDT | 0.8098 | 0.1355 | get 0.0677% / 4h | 34m 44s | $112.9M | $167.7M | 10x |
BingX BTW-USDT
Binance BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$51.95
- Price spread: −0.049% → −0.040%
- −$0.98
- Slippage, 4 orders
- −$80.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.71
- Costs to cover
- 1.008%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Binance: live order book, 9 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 BingX live order book, 15 min ago | 5.45 bp | 29.1 bp −$29 | 150.5 bp −$1,505 | 816.6 bp −$81.7K | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.61 bp | 18.2 bp −$18 | 131.2 bp −$1,312 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8114 | +0.148% | $201K | $766K | 10x | as long as short |
| Gate BTW_USDT | +0.0664% | 4h | 0.8110 | +0.093% | $3.5M | $15.9M | 10x | as long as short |
| Aster BTWUSDT | +0.1201% | 4h | 0.8101 | −0.007% | $2.2M | $2.9M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1302% | 4h | 0.8095 | −0.089% | $7.5M | $4.8M | 10x | as long as short |
| Bitget BTWUSDT | +0.1322% | 4h | 0.8112 | +0.123% | $25.7M | $13.4M | 5x | as long as short |
| Extended BTW-USD | +0.1352% | 1h | 0.8106 | +0.045% | $39K | $11K | 5x | as long as short |
| MEXC BTW_USDT | +0.1354% | 4h | 0.8103 | +0.012% | $9.7M | $6.1M | 20x | as long as short |
| Binance BTWUSDTshort | +0.1355% | 4h | 0.8098 | −0.049% | $112.9M | $167.7M | 10x | |
| edgeX BTWUSDC | +0.1392% | 4h | 0.8143 | +0.508% | $336K | $499K | 10x | as long as short |
| Bybit BTWUSDT | +0.1583% | 4h | 0.8089 | −0.164% | $15.8M | $38.6M | 10x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Extended BTW-USD
MEXC BTW_USDT
edgeX BTWUSDC
Bybit BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDTlong | +0.1602% | 4h | 0.8102 | long leg | — | $4.4M | — |