Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against edgeX−1.593%110s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as 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−$780.780% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)+1.441%+$144 · spread now −1.593%, 7d avg −0.013%
=Together, before fees+1.435%+ Points / potential airdropedgeX: Active · farm board+$144 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: Binance is 1.580% cheaper against edgeX than usual: you would sell low and buy high, −$158 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 110 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 | edgeX BTWUSDC | 0.7959 | 0.1046 | pay 0.0523% / 4h | 3h 33m | $328K | $499K | 10x |
| Short | Binance BTWUSDT | 0.7832 | 0.1054 | get 0.0527% / 4h | 3h 33m | $109.1M | $168.9M | 10x |
edgeX BTWUSDC
Binance BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $1.84
- Price spread: −1.593% → −0.013%
- −$158.03
- Slippage, 4 orders
- −$59.05
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$234.23
- Costs to cover
- 0.780%
- Break-even
- 898.3 days
Slippage from edgeX: live order book, 15 min ago; Binance: 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 edgeX live order book, 15 min ago | 3.28 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.54 bp | 26.4 bp −$26 | 116.3 bp −$1,163 | 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 | 0.7820 | −1.749% | $196K | $747K | 10x | as long as short |
| Gate BTW_USDT | +0.0536% | 4h | 0.7826 | −1.672% | $3.3M | $16.1M | 10x | as long as short |
| Bybit BTWUSDT | +0.0594% | 4h | 0.7829 | −1.640% | $15.3M | $38.7M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0822% | 4h | 0.7820 | −1.745% | $7.1M | $4.8M | 10x | as long as short |
| BingX BTW-USDT | +0.0992% | 4h | 0.7836 | −1.547% | — | $4.4M | — | as long as short |
| Bitget BTWUSDT | +0.0994% | 4h | 0.7825 | −1.681% | $24.6M | $13.6M | 5x | as long as short |
| Aster BTWUSDT | +0.1028% | 4h | 0.7814 | −1.825% | $2.1M | $2.9M | 5x | as long as short |
| edgeX BTWUSDClong | +0.1046% | 4h | 0.7959 | long leg | $328K | $499K | 10x | |
| MEXC BTW_USDT | +0.1054% | 4h | 0.7827 | −1.661% | $9.3M | $6.2M | 20x | as long as short |
| Binance BTWUSDTshort | +0.1054% | 4h | 0.7832 | −1.593% | $109.1M | $168.9M | 10x |
HTX BTW-USDT
Gate BTW_USDT
Bybit BTWUSDT
KuCoin BTWUSDTM
BingX BTW-USDT
Bitget BTWUSDT
Aster BTWUSDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BTW-USD | +0.1056% | 1h | 0.7814 | −1.826% | $37K | $11K | 5x | as long as short |
Extended BTW-USD