Funding you earn now, next payment 08:00 UTC−0.0150%/8h= −16.5% APRnext payment −$0.75 per $10,000 · paid last 24h −0.242%
Price spread now: Bitget against edgeX−0.168%84s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as 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−$880.878% of the position
Funding, last 7 days−1.253%−$125 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.168%, 7d avg +0.022%
=Together, before fees−1.286%+ Points / potential airdropedgeX: Active · farm board−$129 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.190% cheaper against edgeX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 84 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 | 0.8009 | 0.0930 | pay 0.0465% / 4h | 1h 04m | $348K | $511K | 10x |
| Short | Bitget BTWUSDT | 0.7995 | 0.0780 | get 0.0390% / 4h | 1h 04m | $25.1M | $15.0M | 5x |
edgeX BTWUSDC
Bitget BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$31.57
- Price spread: −0.168% → +0.022%
- −$19
- Slippage, 4 orders
- −$66.78
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$138.35
- Costs to cover
- 0.878%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 15 min ago; Bitget: live order book, 5 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, 15 min ago | 3.13 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 6.19 bp | 26.7 bp −$27 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.7969 | −0.499% | $7.1M | $4.8M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7983 | −0.325% | $207K | $751K | 10x | as long as short |
| Bybit BTWUSDT | +0.0519% | 4h | 0.7966 | −0.526% | $15.4M | $41.3M | 10x | as long as short |
| Gate BTW_USDT | +0.0774% | 4h | 0.7963 | −0.563% | $3.3M | $17.9M | 10x | as long as short |
| Bitget BTWUSDTshort | +0.0780% | 4h | 0.7995 | −0.168% | $25.1M | $15.0M | 5x | |
| Aster BTWUSDT | +0.0785% | 4h | 0.7982 | −0.330% | $2.2M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0884% | 4h | 0.7982 | −0.331% | — | $4.2M | — | as long as short |
| Extended BTW-USD | +0.0920% | 1h | 0.7980 | −0.361% | $34K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.0920% | 4h | 0.7987 | −0.269% | $111.0M | $178.6M | 10x | as long as short |
| MEXC BTW_USDT | +0.0926% | 4h | 0.7987 | −0.269% | $8.9M | $6.5M | 20x | as long as short |
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
Gate BTW_USDT
Aster BTWUSDT
BingX BTW-USDT
Extended BTW-USD
Binance BTWUSDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDClong | +0.0930% | 4h | 0.8009 | long leg | $348K | $511K | 10x |