Settings8H · net · $10k
Funding arb · Price arb /

BITO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0880%/8h= +96.4% APRpaid last 24h +0.041%
Price spread now: MEXC against edgeX−0.026%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1811.807% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.296%+$30 on $10k
Price spread, last 4 days (all we have)−0.170%−$17 · spread now −0.026%, 7d avg −0.101%
Together, before fees+0.126%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and MEXC is 0.075% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.101%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.296% in total (about 15.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BITOUSDC11.523−0.0070get 0.0035% / 4h2h 51m$23K$271K10x
ShortMEXC BITO_USDT11.5200.0810get 0.0810% / 8h2h 51m$121K$84K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$184.8
Price spread: −0.026% → −0.101%
$7.53
Slippage, 4 orders
−$171.68
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
$11.64
Costs to cover
1.807%
Break-even
6.6 days
Slippage from edgeX: live order book, 61 min ago; MEXC: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 61 min ago17.32 bp42.8 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 34 min ago13.02 bp52.3 bp −$52129.8 bp −$1,298218.6 bp −$21.9Kdoesn't fit

BITO on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BITOUSDClong−0.0070%4h11.523long leg$23K$271K10x
Bybit BITOUSDT0.0000%8h11.503−0.173%$36K$36K25xas long as short
Gate BITO_USDT0.0000%8h11.522−0.009%$29K$34K20xas long as short
Bitget BITOUSDT0.0000%8h11.521−0.017%$1.2M$1.5M20xas long as short
HTX BITO-USDT0.0000%8h11.530+0.061%$5K$286K10xas long as short
MEXC BITO_USDTshort+0.0810%8h11.520−0.026%$121K$84K20x
Binance BITOUSDT+0.0810%8h11.525+0.020%$258K$2.0M25xas long as short