Funding you earn now, next payment 00:00 UTC+0.1096%/8h= +120.0% APRnext payment +$5.48 per $10,000 · paid last 24h −0.149%
Price spread now: BingX against MEXC+0.058%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days−0.791%−$79 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now +0.058%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$33 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.791%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTW_USDT | 0.8626 | 0.1790 | pay 0.0895% / 4h | 1h 43m | $11.1M | $6.0M | 20x |
| Short | BingX BTW-USDT | 0.8631 | 0.2886 | get 0.1443% / 4h | 1h 43m | — | $4.3M | — |
MEXC BTW_USDT
BingX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $230.16
- Price spread: +0.058% → +0.041%
- $1.71
- Slippage, 4 orders
- −$56.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $165.74
- Costs to cover
- 0.661%
- Break-even
- 2.0 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 7 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, 5 min ago | 1.14 bp | 9.7 bp −$10 | 51.1 bp −$511 | 238.6 bp −$23.9K | 740.6 bp −$370.3K |
| Sell BingX live order book, 7 min ago | 5.68 bp | 26.0 bp −$26 | 109.1 bp −$1,091 | 651.3 bp −$65.1K | 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 | 0.8714 | +1.026% | $214K | $763K | 10x | as long as short |
| Gate BTW_USDT | +0.0698% | 4h | 0.8650 | +0.281% | $3.8M | $15.5M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1478% | 4h | 0.8624 | −0.026% | $7.9M | $4.7M | 10x | as long as short |
| Aster BTWUSDT | +0.1505% | 4h | 0.8626 | −0.003% | $2.4M | $2.7M | 5x | as long as short |
| Bitget BTWUSDT | +0.1640% | 4h | 0.8665 | +0.456% | $27.4M | $12.9M | 5x | as long as short |
| Binance BTWUSDT | +0.1782% | 4h | 0.8625 | −0.012% | $120.3M | $161.4M | 10x | as long as short |
| Extended BTW-USD | +0.1784% | 1h | 0.8641 | +0.169% | $41K | $13K | 5x | as long as short |
| MEXC BTW_USDTlong | +0.1790% | 4h | 0.8626 | long leg | $11.1M | $6.0M | 20x | |
| edgeX BTWUSDC | +0.1792% | 4h | 0.8742 | +1.344% | $360K | $499K | 10x | as long as short |
| Bybit BTWUSDT | +0.2867% | 4h | 0.8616 | −0.121% | $16.0M | $36.8M | 10x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
Binance BTWUSDT
Extended BTW-USD
edgeX BTWUSDC
Bybit BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDTshort | +0.2886% | 4h | 0.8631 | +0.058% | — | $4.3M | — |