Funding you earn now, next payment 00:00 UTC−0.1049%/8h= −114.8% APRnext payment −$5.24 per $10,000 · paid last 24h +0.152%
Price spread now: edgeX against BingX+0.632%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days+0.794%+$79 on $10k
+Price spread, last 3 days (all we have)−0.562%−$56 · spread now +0.632%, 7d avg −0.028%
=Together, before fees+0.232%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.660% dearer against BingX than usual: you sell high and buy low (spread +0.632% now, against its 7-day average of −0.028%): +$66 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.794%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.8676 | 0.2840 | pay 0.1420% / 4h | 2h 07m | — | $4.4M | — |
| Short | edgeX BTWUSDC | 0.8731 | 0.1791 | get 0.0896% / 4h | 2h 07m | $360K | $496K | 10x |
BingX BTW-USDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BingX. 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
- −$220.23
- Price spread: +0.632% → −0.028%
- $66
- Slippage, 4 orders
- −$106.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$279.26
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from BingX: live order book, 23 min ago; edgeX: live order book, 57 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 BingX live order book, 23 min ago | 5.00 bp | 29.2 bp −$29 | 111.1 bp −$1,111 | 632.7 bp −$63.3K | doesn't fit |
| Sell edgeX live order book, 57 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 | 0.8730 | +0.628% | $214K | $766K | 10x | as long as short |
| Gate BTW_USDT | +0.0472% | 4h | 0.8677 | +0.011% | $3.9M | $15.6M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1454% | 4h | 0.8681 | +0.063% | $8.0M | $4.7M | 10x | as long as short |
| Aster BTWUSDT | +0.1480% | 4h | 0.8699 | +0.262% | $2.4M | $2.6M | 5x | as long as short |
| Bitget BTWUSDT | +0.1620% | 4h | 0.8700 | +0.277% | $27.5M | $12.8M | 5x | as long as short |
| edgeX BTWUSDCshort | +0.1791% | 4h | 0.8731 | +0.632% | $360K | $496K | 10x | |
| MEXC BTW_USDT | +0.1800% | 4h | 0.8687 | +0.127% | $11.2M | $6.1M | 20x | as long as short |
| Extended BTW-USD | +0.1808% | 1h | 0.8701 | +0.286% | $41K | $13K | 5x | as long as short |
| Binance BTWUSDT | +0.1810% | 4h | 0.8690 | +0.161% | $121.3M | $160.4M | 10x | as long as short |
| BingX BTW-USDTlong | +0.2840% | 4h | 0.8676 | long leg | — | $4.4M | — |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
MEXC BTW_USDT
Extended BTW-USD
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3071% | 4h | 0.8685 | +0.104% | $16.1M | $36.5M | 10x | as long as short |
Bybit BTWUSDT