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: BingX against edgeX−1.278%55s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as 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)+1.125%+$113 · spread now −1.278%, 7d avg +0.022%
=Together, before fees+0.331%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 1.300% cheaper against edgeX than usual: you would sell low and buy high (spread −1.278% now, against its 7-day average of +0.022%). If the spread goes back, that is −$130 on $10k: about 40 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.794%, so the current rate has only just turned in your favour. 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 | edgeX BTWUSDC | 0.8441 | 0.1929 | pay 0.0964% / 4h | 2h 54m | $348K | $484K | 10x |
| Short | BingX BTW-USDT | 0.8333 | 0.2038 | get 0.1019% / 4h | 2h 54m | — | $4.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $22.97
- Price spread: −1.278% → +0.022%
- −$129.97
- Slippage, 4 orders
- −$122.85
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$248.85
- Costs to cover
- 1.418%
- Break-even
- 82.8 days
Slippage from edgeX: live order book, 9 min ago; BingX: live order book, 11 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, 9 min ago | 28.78 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 8.46 bp | 26.5 bp −$27 | 145.8 bp −$1,458 | 714.4 bp −$71.4K | 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 | −0.539% | $204K | $758K | 10x | as long as short |
| Gate BTW_USDT | +0.0284% | 4h | 0.8299 | −1.680% | $3.7M | $14.3M | 10x | as long as short |
| Aster BTWUSDT | +0.1252% | 4h | 0.8330 | −1.316% | $2.3M | $2.5M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1430% | 4h | 0.8314 | −1.504% | $7.5M | $4.4M | 10x | as long as short |
| Bitget BTWUSDT | +0.1638% | 4h | 0.8314 | −1.499% | $26.3M | $12.0M | 5x | as long as short |
| Bybit BTWUSDT | +0.1784% | 4h | 0.8316 | −1.479% | $16.6M | $33.5M | 10x | as long as short |
| Binance BTWUSDT | +0.1888% | 4h | 0.8319 | −1.449% | $116.6M | $151.0M | 10x | as long as short |
| MEXC BTW_USDT | +0.1908% | 4h | 0.8323 | −1.396% | $11.4M | $5.7M | 20x | as long as short |
| Extended BTW-USD | +0.1912% | 1h | 0.8316 | −1.477% | $40K | $13K | 5x | as long as short |
| edgeX BTWUSDClong | +0.1929% | 4h | 0.8441 | long leg | $348K | $484K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDTshort | +0.2038% | 4h | 0.8333 | −1.278% | — | $4.3M | — |
edgeX BTWUSDC
BingX BTW-USDT
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Bybit BTWUSDT
Binance BTWUSDT
MEXC BTW_USDT
Extended BTW-USD