Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.196%
Price spread now: Aster against edgeX−1.053%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 5 days (all we have)−0.854%−$85 on $10k
+Price spread, last 3 days (all we have)+0.974%+$97 · spread now −1.053%, 7d avg −0.151%
=Together, before fees+0.120%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.902% cheaper against edgeX than usual: you would sell low and buy high (−$90 if the spread goes back to its 7-day average of −0.151%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTWUSDC | 0.7869 | 0.1024 | pay 0.0512% / 4h | 3h 21m | $324K | $500K | 10x |
| Short | Aster BTWUSDT | 0.7786 | 0.0978 | get 0.0489% / 4h | 3h 21m | $2.1M | $2.9M | 5x |
edgeX BTWUSDC
Aster BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against edgeX. 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
- −$9.62
- Price spread: −1.053% → −0.151%
- −$90.19
- Slippage, 4 orders
- −$56
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$172.81
- Costs to cover
- 0.730%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 28 min ago; Aster: live order book, 2 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 edgeX live order book, 28 min ago | 3.28 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 1.21 bp | 29.4 bp −$29 | 380.2 bp −$3,802 | 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 | 0.7800 | −0.877% | $195K | $741K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0738% | 4h | 0.7772 | −1.232% | $7.1M | $4.8M | 10x | as long as short |
| Gate BTW_USDT | +0.0770% | 4h | 0.7795 | −0.945% | $3.3M | $16.2M | 10x | as long as short |
| Bitget BTWUSDT | +0.0938% | 4h | 0.7799 | −0.885% | $24.5M | $13.6M | 5x | as long as short |
| Aster BTWUSDTshort | +0.0978% | 4h | 0.7786 | −1.053% | $2.1M | $2.9M | 5x | |
| Bybit BTWUSDT | +0.0984% | 4h | 0.7785 | −1.067% | $15.1M | $38.7M | 10x | as long as short |
| BingX BTW-USDT | +0.0988% | 4h | 0.7774 | −1.207% | — | $4.3M | — | as long as short |
| edgeX BTWUSDClong | +0.1024% | 4h | 0.7869 | long leg | $324K | $500K | 10x | |
| MEXC BTW_USDT | +0.1036% | 4h | 0.7767 | −1.296% | $9.2M | $6.2M | 20x | as long as short |
| Extended BTW-USD | +0.1040% | 1h | 0.7776 | −1.180% | $37K | $11K | 5x | as long as short |
HTX BTW-USDT
KuCoin BTWUSDTM
Gate BTW_USDT
Bitget BTWUSDT
Bybit BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BTWUSDT | +0.1042% | 4h | 0.7771 | −1.240% | $108.2M | $168.7M | 10x | as long as short |
Binance BTWUSDT