Funding you earn now, next payment 00:00 UTC−0.0637%/8h= −69.7% APRnext payment −$3.18 per $10,000 · paid last 24h −0.218%
Price spread now: Aster against MEXC−0.275%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1621.615% of the position
Funding, last 5 days (all we have)−0.848%−$85 on $10k
+Price spread, last 7 days+0.251%+$25 · spread now −0.275%, 7d avg −0.145%
=Together, before fees−0.598%+ Points / potential airdropAster: Stage 5 · farm board−$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Aster is 0.130% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.145%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTW_USDT | 0.8417 | 0.1928 | pay 0.0964% / 4h | 2h 56m | $11.6M | $5.7M | 20x |
| Short | Aster BTWUSDT | 0.8394 | 0.1291 | get 0.0646% / 4h | 2h 56m | $2.3M | $2.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- −$133.69
- Price spread: −0.275% → −0.145%
- −$12.96
- Slippage, 4 orders
- −$153.51
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$308.16
- Costs to cover
- 1.615%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Aster: 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 MEXC live order book, 2 min ago | 26.48 bp | 67.7 bp −$68 | 102.6 bp −$1,026 | 222.2 bp −$22.2K | 728.0 bp −$364.0K |
| Sell Aster live order book, 2 min ago | 7.89 bp | 32.1 bp −$32 | 491.8 bp −$4,918 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8566 | +1.776% | $208K | $758K | 10x | as long as short |
| Gate BTW_USDT | +0.0866% | 4h | 0.8395 | −0.260% | $3.7M | $14.2M | 10x | as long as short |
| Aster BTWUSDTshort | +0.1291% | 4h | 0.8394 | −0.275% | $2.3M | $2.5M | 5x | |
| KuCoin BTWUSDTM | +0.1438% | 4h | 0.8403 | −0.164% | $7.6M | $4.4M | 10x | as long as short |
| Bitget BTWUSDT | +0.1650% | 4h | 0.8427 | +0.116% | $26.7M | $12.0M | 5x | as long as short |
| Binance BTWUSDT | +0.1925% | 4h | 0.8404 | −0.154% | $117.8M | $150.5M | 10x | as long as short |
| Extended BTW-USD | +0.1928% | 1h | 0.8389 | −0.336% | $40K | $13K | 5x | as long as short |
| MEXC BTW_USDTlong | +0.1928% | 4h | 0.8417 | long leg | $11.6M | $5.7M | 20x | |
| edgeX BTWUSDC | +0.1947% | 4h | 0.8320 | −1.150% | $343K | $484K | 10x | as long as short |
| Bybit BTWUSDT | +0.2033% | 4h | 0.8373 | −0.518% | $16.9M | $33.3M | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDT | +0.2038% | 4h | 0.8416 | −0.012% | — | $4.3M | — | as long as short |
MEXC BTW_USDT
Aster BTWUSDT
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Binance BTWUSDT
Extended BTW-USD
edgeX BTWUSDC
Bybit BTWUSDT
BingX BTW-USDT