Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against edgeX−5.472%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$590as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+5.381%+$538 · spread now −5.472%, 7d avg −0.006%
=Together, before fees+5.381%+ Points / potential airdropedgeX: Active · farm board+$538 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 MEXC is 5.466% cheaper against edgeX than usual: you would sell low and buy high (−$547 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTWUSDC | 0.8381 | 0.1058 | pay 0.0529% / 4h | 2h 21m | $345K | $502K | 10x |
| Short | MEXC BTW_USDT | 0.7922 | 0.1038 | get 0.0519% / 4h | 2h 21m | $8.9M | $6.5M | 20x |
edgeX BTWUSDC
MEXC BTW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$4.16
- Price spread: −5.472% → −0.006%
- −$546.56
- Slippage, 4 orders
- −$34.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$594.52
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 3 min ago; MEXC: 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, 3 min ago | 3.64 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.38 bp | 11.5 bp −$11 | 37.0 bp −$370 | 242.1 bp −$24.2K | 610.1 bp −$305.0K |
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 | 0.7928 | −5.400% | $206K | $775K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0224% | 4h | 0.7928 | −5.402% | $7.0M | $4.9M | 10x | as long as short |
| Bybit BTWUSDT | +0.0623% | 4h | 0.7929 | −5.388% | $15.0M | $41.9M | 10x | as long as short |
| Bitget BTWUSDT | +0.0686% | 4h | 0.7931 | −5.367% | $24.9M | $15.3M | 5x | as long as short |
| Aster BTWUSDT | +0.0706% | 4h | 0.7911 | −5.609% | $2.2M | $3.3M | 5x | as long as short |
| Extended BTW-USD | +0.0984% | 1h | 0.7957 | −5.057% | $34K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.0987% | 4h | 0.7910 | −5.609% | $110.2M | $182.0M | 10x | as long as short |
| BingX BTW-USDT | +0.1020% | 4h | 0.7936 | −5.305% | — | $4.3M | — | as long as short |
| MEXC BTW_USDTshort | +0.1038% | 4h | 0.7922 | −5.472% | $8.9M | $6.5M | 20x | |
| edgeX BTWUSDClong | +0.1058% | 4h | 0.8381 | long leg | $345K | $502K | 10x |
HTX BTW-USDT
KuCoin BTWUSDTM
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
Extended BTW-USD
Binance BTWUSDT
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1104% | 4h | 0.7933 | −5.335% | $3.3M | $18.0M | 10x | as long as short |
Gate BTW_USDT