Funding you earn now, next payment 12:00 UTC−0.0283%/8h= −31.0% APRnext payment −$1.42 per $10,000 · paid last 24h −0.204%
Price spread now: Bitget against edgeX+0.568%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days−1.243%−$124 on $10k
+Price spread, last 4 days (all we have)−0.684%−$68 · spread now +0.568%, 7d avg +0.031%
=Together, before fees−1.928%+ Points / potential airdropedgeX: Active · farm board−$193 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.536% dearer against edgeX than usual: you sell high and buy low (spread +0.568% now, against its 7-day average of +0.031%): +$54 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6.3 days. At the pace of the last 7 days (−1.243% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTWUSDC | 0.8405 | 0.0707 | pay 0.0354% / 4h | 1h 29m | $365K | $509K | 10x |
| Short | Bitget BTWUSDT | 0.8452 | 0.0424 | get 0.0212% / 4h | 1h 29m | $26.6M | $14.0M | 5x |
edgeX BTWUSDC
Bitget BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$59.48
- Price spread: +0.568% → +0.031%
- $53.65
- Slippage, 4 orders
- −$80.98
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$107.81
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 17 min ago; Bitget: live order book, 3 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, 17 min ago | 3.12 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.59 bp | 36.7 bp −$37 | 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 | 0.8428 | +0.278% | $16.1M | $37.3M | 10x | as long as short |
| Gate BTW_USDT | +0.0100% | 4h | 0.8425 | +0.241% | $3.4M | $16.8M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8435 | +0.357% | $7.4M | $4.4M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8447 | +0.499% | $222K | $691K | 10x | as long as short |
| Bitget BTWUSDTshort | +0.0424% | 4h | 0.8452 | +0.568% | $26.6M | $14.0M | 5x | |
| Aster BTWUSDT | +0.0615% | 4h | 0.8426 | +0.256% | $2.3M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0684% | 4h | 0.8431 | +0.314% | — | $3.6M | — | as long as short |
| MEXC BTW_USDT | +0.0692% | 4h | 0.8437 | +0.385% | $9.5M | $6.2M | 20x | as long as short |
| Binance BTWUSDT | +0.0694% | 4h | 0.8434 | +0.349% | $116.9M | $164.8M | 10x | as long as short |
| Extended BTW-USD | +0.0696% | 1h | 0.8441 | +0.432% | $36K | $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 BTWUSDClong | +0.0707% | 4h | 0.8405 | long leg | $365K | $509K | 10x |