Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: edgeX against MEXC+0.799%98s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as 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−$980.983% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.785%−$78 · spread now +0.799%, 7d avg +0.017%
=Together, before fees−0.782%+ Points / potential airdropedgeX: Active · farm board−$78 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.782% dearer against MEXC than usual: you sell high and buy low, +$78 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 98 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 | MEXC BTW_USDT | 0.8638 | 0.1814 | pay 0.0907% / 4h | 2h 01m | $11.1M | $6.1M | 20x |
| Short | edgeX BTWUSDC | 0.8707 | 0.1810 | get 0.0905% / 4h | 2h 01m | $359K | $497K | 10x |
MEXC BTW_USDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$0.78
- Price spread: +0.799% → +0.017%
- $78.2
- Slippage, 4 orders
- −$89.27
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$20.85
- Costs to cover
- 0.983%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; edgeX: live order book, 62 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, 1 min ago | 0.57 bp | 13.6 bp −$14 | 39.0 bp −$390 | 221.1 bp −$22.1K | 628.4 bp −$314.2K |
| Sell edgeX live order book, 62 min ago | 28.78 bp | 37.5 bp −$38 | doesn't fit | 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 | 0.8642 | +0.052% | $212K | $766K | 10x | as long as short |
| Gate BTW_USDT | +0.0580% | 4h | 0.8643 | +0.054% | $3.8M | $15.6M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1498% | 4h | 0.8647 | +0.101% | $7.9M | $4.7M | 10x | as long as short |
| Aster BTWUSDT | +0.1501% | 4h | 0.8631 | −0.077% | $2.4M | $2.6M | 5x | as long as short |
| Bitget BTWUSDT | +0.1618% | 4h | 0.8669 | +0.361% | $27.4M | $12.8M | 5x | as long as short |
| edgeX BTWUSDCshort | +0.1810% | 4h | 0.8707 | +0.799% | $359K | $497K | 10x | |
| MEXC BTW_USDTlong | +0.1814% | 4h | 0.8638 | long leg | $11.1M | $6.1M | 20x | |
| Binance BTWUSDT | +0.1815% | 4h | 0.8639 | +0.012% | $120.6M | $160.6M | 10x | as long as short |
| Extended BTW-USD | +0.1816% | 1h | 0.8631 | −0.077% | $41K | $13K | 5x | as long as short |
| BingX BTW-USDT | +0.2902% | 4h | 0.8642 | +0.046% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
Binance BTWUSDT
Extended BTW-USD
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3115% | 4h | 0.8649 | +0.127% | $16.0M | $36.5M | 10x | as long as short |
Bybit BTWUSDT