Funding you earn now, next payment 00:00 UTC+0.0649%/8h= +71.1% APRnext payment +$3.24 per $10,000 · paid last 24h +0.069%
Price spread now: BingX against Aster+0.288%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 5 days (all we have)+0.410%+$41 on $10k
+Price spread, last 7 days−0.345%−$35 · spread now +0.288%, 7d avg +0.176%
=Together, before fees+0.065%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BingX is 0.112% dearer against Aster than usual: you sell high and buy low: +$11 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 | Aster BTWUSDT | 0.8199 | 0.1249 | pay 0.0625% / 4h | 50m 53s | $2.3M | $2.8M | 5x |
| Short | BingX BTW-USDT | 0.8223 | 0.1898 | get 0.0949% / 4h | 50m 53s | — | $4.4M | — |
Aster BTWUSDT
BingX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- $136.28
- Price spread: +0.288% → +0.176%
- $11.18
- Slippage, 4 orders
- −$71.09
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $58.36
- Costs to cover
- 0.891%
- Break-even
- 4.0 days
Slippage from Aster: live order book, 3 min ago; BingX: live order book, 9 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 Aster live order book, 3 min ago | 5.29 bp | 23.9 bp −$24 | 333.3 bp −$3,333 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.33 bp | 22.6 bp −$23 | 92.0 bp −$920 | 630.6 bp −$63.1K | 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 | 0.8219 | +0.238% | $204K | $765K | 10x | as long as short |
| Gate BTW_USDT | +0.0614% | 4h | 0.8187 | −0.157% | $3.6M | $15.8M | 10x | as long as short |
| Aster BTWUSDTlong | +0.1249% | 4h | 0.8199 | long leg | $2.3M | $2.8M | 5x | |
| KuCoin BTWUSDTM | +0.1346% | 4h | 0.8220 | +0.254% | $7.6M | $4.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.1402% | 4h | 0.8226 | +0.323% | $26.0M | $13.4M | 5x | as long as short |
| MEXC BTW_USDT | +0.1446% | 4h | 0.8220 | +0.251% | $9.9M | $6.1M | 20x | as long as short |
| Binance BTWUSDT | +0.1447% | 4h | 0.8215 | +0.190% | $114.5M | $167.2M | 10x | as long as short |
| Extended BTW-USD | +0.1448% | 1h | 0.8207 | +0.087% | $39K | $11K | 5x | as long as short |
| edgeX BTWUSDC | +0.1481% | 4h | 0.8255 | +0.676% | $340K | $498K | 10x | as long as short |
| BingX BTW-USDTshort | +0.1898% | 4h | 0.8223 | +0.288% | — | $4.4M | — |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USD
edgeX BTWUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.1923% | 4h | 0.8210 | +0.130% | $15.9M | $38.4M | 10x | as long as short |
Bybit BTWUSDT