Funding you earn now, next payment 04:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h +0.273%
Price spread now: edgeX against Bitget−0.658%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days+1.247%+$125 on $10k
+Price spread, last 4 days (all we have)+0.348%+$35 · spread now −0.658%, 7d avg −0.004%
=Together, before fees+1.595%+ Points / potential airdropedgeX: Active · farm board+$159 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.654% cheaper against Bitget than usual: you would sell low and buy high (spread −0.658% now, against its 7-day average of −0.004%). If the spread goes back, that is −$65 on $10k: about 8.6 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+1.247% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTWUSDT | 0.7675 | 0.0610 | pay 0.0305% / 4h | 2h 09m | $24.1M | $13.7M | 5x |
| Short | edgeX BTWUSDC | 0.7625 | 0.0864 | get 0.0432% / 4h | 2h 09m | $314K | $500K | 10x |
Bitget BTWUSDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $53.29
- Price spread: −0.658% → −0.004%
- −$65.44
- Slippage, 4 orders
- −$89.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$122.19
- Costs to cover
- 1.100%
- Break-even
- 23.1 days
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 34 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 | 9.24 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 34 min ago | 2.56 bp | 24.5 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.7660 | −0.198% | $3.2M | $16.4M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7668 | −0.094% | $190K | $747K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0216% | 4h | 0.7653 | −0.296% | $6.9M | $4.8M | 10x | as long as short |
| Bitget BTWUSDTlong | +0.0610% | 4h | 0.7675 | long leg | $24.1M | $13.7M | 5x | |
| Aster BTWUSDT | +0.0721% | 4h | 0.7659 | −0.209% | $2.1M | $3.0M | 5x | as long as short |
| Bybit BTWUSDT | +0.0778% | 4h | 0.7640 | −0.468% | $14.5M | $39.4M | 10x | as long as short |
| BingX BTW-USDT | +0.0826% | 4h | 0.7663 | −0.162% | — | $4.3M | — | as long as short |
| edgeX BTWUSDCshort | +0.0864% | 4h | 0.7625 | −0.658% | $314K | $500K | 10x | |
| MEXC BTW_USDT | +0.0876% | 4h | 0.7664 | −0.149% | $9.0M | $6.3M | 20x | as long as short |
| Binance BTWUSDT | +0.0878% | 4h | 0.7649 | −0.345% | $106.3M | $170.9M | 10x | as long as short |
Gate BTW_USDT
HTX BTW-USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bybit BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BTW-USD | +0.0880% | 1h | 0.7650 | −0.330% | $33K | $15K | 5x | as long as short |
Extended BTW-USD