Funding you earn now, next payment 12:00 UTC−0.0800%/8h= −87.5% APRnext payment −$4.00 per $10,000 · paid last 24h −0.445%
Price spread now: HTX against edgeX+0.375%77s7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs−$861as 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−$7087.082% of the position
Funding, last 7 days−1.526%−$153 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.375%, 7d avg +0.166%
=Together, before fees−1.613%+ Points / potential airdropedgeX: Active · farm board−$161 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.209% dearer against edgeX than usual: you sell high and buy low (spread +0.375% now, against its 7-day average of +0.166%): +$21 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 21 hours. The two prices were read 77 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 | 0.8066 | 0.0900 | pay 0.0450% / 4h | 3h 56m | $351K | $507K | 10x |
| Short | HTX BTW-USDT | 0.8096 | 0.0100 | get 0.0050% / 4h | 3h 56m | $210K | $733K | 10x |
edgeX BTWUSDC
HTX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$167.9
- Price spread: +0.375% → +0.166%
- $20.93
- Slippage, 4 orders
- −$687.22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$855.18
- Costs to cover
- 7.082%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 17 min ago; HTX: live order book, 42 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, 17 min ago | 3.28 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 42 min ago | 30.64 bp | 243.1 bp −$243 | 1503.1 bp −$15.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.0100% | 4h | 0.8092 | +0.318% | $15.7M | $40.2M | 10x | as long as short |
| Gate BTW_USDT | +0.0100% | 4h | 0.8081 | +0.182% | $3.3M | $17.2M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8091 | +0.313% | $7.2M | $4.7M | 10x | as long as short |
| HTX BTW-USDTshort | +0.0100% | 4h | 0.8096 | +0.375% | $210K | $733K | 10x | |
| Bitget BTWUSDT | +0.0626% | 4h | 0.8115 | +0.606% | $25.5M | $14.8M | 5x | as long as short |
| BingX BTW-USDT | +0.0870% | 4h | 0.8107 | +0.505% | — | $4.0M | — | as long as short |
| Aster BTWUSDT | +0.0891% | 4h | 0.8091 | +0.308% | $2.3M | $3.3M | 5x | as long as short |
| MEXC BTW_USDT | +0.0892% | 4h | 0.8105 | +0.481% | $9.0M | $6.3M | 20x | as long as short |
| Extended BTW-USD | +0.0896% | 1h | 0.8102 | +0.442% | $35K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.0896% | 4h | 0.8106 | +0.493% | $112.6M | $175.2M | 10x | as long as short |
Bybit BTWUSDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
BingX BTW-USDT
Aster BTWUSDT
MEXC BTW_USDT
Extended BTW-USD
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDClong | +0.0900% | 4h | 0.8066 | long leg | $351K | $507K | 10x |