Funding you earn now, next payment 04:00 UTC+0.0143%/8h= +15.6% APRnext payment +$0.71 per $10,000 · paid last 24h +0.256%
Price spread now: edgeX against Bybit+2.857%91s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as 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−$1551.554% of the position
Funding, last 7 days+0.710%+$71 on $10k
+Price spread, last 4 days (all we have)−3.117%−$312 · spread now +2.857%, 7d avg +0.096%
=Together, before fees−2.407%+ Points / potential airdropedgeX: Active · farm board−$241 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 2.761% dearer against Bybit than usual: you sell high and buy low: +$276 more if the spread goes back to its 7-day average of +0.096%. The two prices were read 91 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 | Bybit BTWUSDT | 0.7446 | 0.0734 | pay 0.0367% / 4h | 2h 06m | $14.1M | $39.4M | 10x |
| Short | edgeX BTWUSDC | 0.7658 | 0.0877 | get 0.0439% / 4h | 2h 06m | $316K | $500K | 10x |
Bybit BTWUSDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $29.99
- Price spread: +2.857% → +0.096%
- $276.08
- Slippage, 4 orders
- −$135.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $150.64
- Costs to cover
- 1.554%
- Break-even
- from the start
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 38 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 Bybit live order book, 3 min ago | 5.81 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 38 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 | 0.7454 | +0.113% | $3.1M | $16.5M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7485 | +0.527% | $185K | $743K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0188% | 4h | 0.7449 | +0.040% | $6.8M | $4.8M | 10x | as long as short |
| Bitget BTWUSDT | +0.0590% | 4h | 0.7463 | +0.226% | $23.5M | $13.7M | 5x | as long as short |
| Aster BTWUSDT | +0.0704% | 4h | 0.7447 | +0.013% | $2.0M | $3.0M | 5x | as long as short |
| Bybit BTWUSDTlong | +0.0734% | 4h | 0.7446 | long leg | $14.1M | $39.4M | 10x | |
| BingX BTW-USDT | +0.0834% | 4h | 0.7463 | +0.232% | — | $4.3M | — | as long as short |
| Binance BTWUSDT | +0.0856% | 4h | 0.7459 | +0.175% | $103.7M | $171.0M | 10x | as long as short |
| Extended BTW-USD | +0.0856% | 1h | 0.7450 | +0.061% | $32K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0872% | 4h | 0.7447 | +0.017% | $8.8M | $6.3M | 20x | as long as short |
Gate BTW_USDT
HTX BTW-USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
Binance BTWUSDT
Extended BTW-USD
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDCshort | +0.0877% | 4h | 0.7658 | +2.857% | $316K | $500K | 10x |