Funding you earn now, next payment 12:00 UTC+0.0334%/8h= +36.5% APRnext payment +$1.67 per $10,000 · paid last 24h +0.204%
Price spread now: edgeX against Bitget+0.292%104s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs+$24as 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−$1001.003% of the position
Funding, last 7 days+1.243%+$124 on $10k
+Price spread, last 4 days (all we have)−0.175%−$18 · spread now +0.292%, 7d avg −0.031%
=Together, before fees+1.068%+ Points / potential airdropedgeX: Active · farm board+$107 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and edgeX is 0.323% dearer against Bitget than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.031%. The two prices were read 104 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 | Bitget BTWUSDT | 0.8513 | 0.0422 | pay 0.0211% / 4h | 49m 54s | $26.8M | $13.9M | 5x |
| Short | edgeX BTWUSDC | 0.8538 | 0.0756 | get 0.0378% / 4h | 49m 54s | $371K | $503K | 10x |
Bitget BTWUSDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $70.04
- Price spread: +0.292% → −0.031%
- $32.3
- Slippage, 4 orders
- −$79.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $2.02
- Costs to cover
- 1.003%
- Break-even
- 6.8 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 5.30 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 min ago | 3.12 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
BTW on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.0100% | 4h | 0.8510 | −0.032% | $16.2M | $37.1M | 10x | as long as short |
| Gate BTW_USDT | +0.0100% | 4h | 0.8504 | −0.107% | $3.5M | $16.6M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8492 | −0.242% | $7.4M | $4.4M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8522 | +0.106% | $224K | $683K | 10x | as long as short |
| Bitget BTWUSDTlong | +0.0422% | 4h | 0.8513 | long leg | $26.8M | $13.9M | 5x | |
| Aster BTWUSDT | +0.0656% | 4h | 0.8505 | −0.094% | $2.4M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0714% | 4h | 0.8514 | +0.012% | — | $3.6M | — | as long as short |
| MEXC BTW_USDT | +0.0744% | 4h | 0.8511 | −0.023% | $9.5M | $6.0M | 20x | as long as short |
| Binance BTWUSDT | +0.0751% | 4h | 0.8508 | −0.057% | $117.9M | $163.8M | 10x | as long as short |
| Extended BTW-USD | +0.0752% | 1h | 0.8507 | −0.076% | $37K | $13K | 5x | as long as short |
Bybit BTWUSDT
Gate BTW_USDT
KuCoin BTWUSDTM
HTX BTW-USDT
Aster BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDCshort | +0.0756% | 4h | 0.8538 | +0.292% | $371K | $503K | 10x |