Funding you earn now, next payment 00:00 UTC−0.0109%/8h= −12.0% APRnext payment −$0.55 per $10,000 · paid last 24h +0.152%
Price spread now: edgeX against BingX+1.294%55s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1421.418% of the position
Funding, last 7 days+0.794%+$79 on $10k
+Price spread, last 3 days (all we have)−1.142%−$114 · spread now +1.294%, 7d avg −0.022%
=Together, before fees−0.348%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 1.316% dearer against BingX than usual: you sell high and buy low (spread +1.294% now, against its 7-day average of −0.022%): +$132 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 40 days. Mind the row above: over the last 7 days funding on this pair paid +0.794%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.8333 | 0.2038 | pay 0.1019% / 4h | 2h 54m | — | $4.3M | — |
| Short | edgeX BTWUSDC | 0.8441 | 0.1929 | get 0.0964% / 4h | 2h 54m | $348K | $484K | 10x |
BingX BTW-USDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$22.97
- Price spread: +1.294% → −0.022%
- $131.63
- Slippage, 4 orders
- −$122.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$33.19
- Costs to cover
- 1.418%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; edgeX: 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, 11 min ago | 8.46 bp | 37.6 bp −$38 | 128.2 bp −$1,282 | 678.5 bp −$67.8K | doesn't fit |
| Sell edgeX live order book, 9 min ago | 28.78 bp | 37.5 bp −$38 | doesn't fit | 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 | 0.8395 | +0.748% | $204K | $758K | 10x | as long as short |
| Gate BTW_USDT | +0.0284% | 4h | 0.8299 | −0.408% | $3.7M | $14.3M | 10x | as long as short |
| Aster BTWUSDT | +0.1252% | 4h | 0.8330 | −0.039% | $2.3M | $2.5M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1430% | 4h | 0.8314 | −0.229% | $7.5M | $4.4M | 10x | as long as short |
| Bitget BTWUSDT | +0.1638% | 4h | 0.8314 | −0.224% | $26.3M | $12.0M | 5x | as long as short |
| Bybit BTWUSDT | +0.1784% | 4h | 0.8316 | −0.204% | $16.6M | $33.5M | 10x | as long as short |
| Binance BTWUSDT | +0.1888% | 4h | 0.8319 | −0.174% | $116.6M | $151.0M | 10x | as long as short |
| MEXC BTW_USDT | +0.1908% | 4h | 0.8323 | −0.120% | $11.4M | $5.7M | 20x | as long as short |
| Extended BTW-USD | +0.1912% | 1h | 0.8316 | −0.202% | $40K | $13K | 5x | as long as short |
| edgeX BTWUSDCshort | +0.1929% | 4h | 0.8441 | +1.294% | $348K | $484K | 10x |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Bybit BTWUSDT
Binance BTWUSDT
MEXC BTW_USDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDTlong | +0.2038% | 4h | 0.8333 | long leg | — | $4.3M | — |