Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h +0.120%
Price spread now: BingX against Bitget−0.061%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1361.364% of the position
Funding, last 7 days+0.473%+$47 on $10k
+Price spread, last 7 days−0.055%−$6 · spread now −0.061%, 7d avg +0.030%
=Funding pays, the price is against you. BingX is 0.091% cheaper against Bitget than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.030%). If the spread goes back, that is −$9 on $10k: about 24 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTWUSDT | 0.8197 | 0.0622 | pay 0.0311% / 4h | 55m 07s | $25.8M | $15.0M | 5x |
| Short | BingX BTW-USDT | 0.8192 | 0.0922 | get 0.0461% / 4h | 55m 07s | — | $4.4M | — |
Bitget BTWUSDT
BingX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $63
- Price spread: −0.061% → +0.030%
- −$9.11
- Slippage, 4 orders
- −$114.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$82.46
- Costs to cover
- 1.364%
- Break-even
- 16.2 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 10 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 Bitget live order book, 4 min ago | 8.44 bp | 36.6 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 7.31 bp | 35.7 bp −$36 | 119.6 bp −$1,196 | 689.3 bp −$68.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.8144 | −0.646% | $3.4M | $17.5M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8176 | −0.255% | $7.3M | $4.9M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8245 | +0.584% | $212K | $797K | 10x | as long as short |
| Bybit BTWUSDT | +0.0101% | 4h | 0.8182 | −0.178% | $15.9M | $41.5M | 10x | as long as short |
| Bitget BTWUSDTlong | +0.0622% | 4h | 0.8197 | long leg | $25.8M | $15.0M | 5x | |
| BingX BTW-USDTshort | +0.0922% | 4h | 0.8192 | −0.061% | — | $4.4M | — | |
| Extended BTW-USD | +0.0960% | 1h | 0.8181 | −0.193% | $35K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0960% | 4h | 0.8174 | −0.281% | $9.4M | $6.4M | 20x | as long as short |
| Binance BTWUSDT | +0.0964% | 4h | 0.8196 | −0.012% | $114.2M | $179.6M | 10x | as long as short |
| edgeX BTWUSDC | +0.0971% | 4h | 0.8136 | −0.749% | $335K | $501K | 10x | as long as short |
Gate BTW_USDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
Extended BTW-USD
MEXC BTW_USDT
Binance BTWUSDT
edgeX BTWUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTWUSDT | +0.1007% | 4h | 0.8185 | −0.149% | $2.2M | $3.2M | 5x | as long as short |
Aster BTWUSDT