Funding you earn now, next payment 00:00 UTC+0.1792%/8h= +196.2% APRnext payment +$8.96 per $10,000 · paid last 24h +0.423%
Price spread now: MEXC against HTX−0.038%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,024as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,156as in the Price arb table
costs, in and out, $10k−$1,17011.695% of the position
Funding, last 7 days+1.459%+$146 on $10k
+Price spread, last 3 days (all we have)−0.692%−$69 · spread now −0.038%, 7d avg −0.176%
=Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and MEXC is 0.138% dearer against HTX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.176%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BTW-USDT | 0.9062 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $221K | $764K | 10x |
| Short | MEXC BTW_USDT | 0.9059 | 0.1892 | get 0.0946% / 4h | 2h 34m | $12.0M | $5.9M | 20x |
HTX BTW-USDT
MEXC BTW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. 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
- $376.32
- Price spread: −0.038% → −0.176%
- $13.81
- Slippage, 4 orders
- −$1,157.53
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$779.4
- Costs to cover
- 11.695%
- Break-even
- 21.5 days
Slippage from HTX: live order book, 53 min ago; MEXC: live order book, 3 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 HTX live order book, 53 min ago | 58.81 bp | 779.6 bp −$780 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.31 bp | 9.8 bp −$10 | 33.8 bp −$338 | 218.5 bp −$21.9K | 868.4 bp −$434.2K |
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-USDTlong | +0.0100% | 4h | 0.9062 | long leg | $221K | $764K | 10x | |
| Gate BTW_USDT | +0.0228% | 4h | 0.9037 | −0.284% | $3.9M | $15.0M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1346% | 4h | 0.9043 | −0.218% | $8.3M | $4.6M | 10x | as long as short |
| Aster BTWUSDT | +0.1505% | 4h | 0.9062 | −0.009% | $2.5M | $2.6M | 5x | as long as short |
| Bitget BTWUSDT | +0.1620% | 4h | 0.9076 | +0.150% | $28.7M | $12.7M | 5x | as long as short |
| BingX BTW-USDT | +0.1774% | 4h | 0.9068 | +0.062% | — | $4.4M | — | as long as short |
| edgeX BTWUSDC | +0.1873% | 4h | 0.8979 | −0.916% | $370K | $487K | 10x | as long as short |
| Binance BTWUSDT | +0.1886% | 4h | 0.9066 | +0.044% | $126.9M | $156.9M | 10x | as long as short |
| Extended BTW-USD | +0.1888% | 1h | 0.9057 | −0.060% | $43K | $13K | 5x | as long as short |
| MEXC BTW_USDTshort | +0.1892% | 4h | 0.9059 | −0.038% | $12.0M | $5.9M | 20x |
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
Binance BTWUSDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2061% | 4h | 0.9061 | −0.011% | $17.4M | $35.2M | 10x | as long as short |
Bybit BTWUSDT