Funding you earn now, next payment 00:00 UTC−0.0319%/8h= −34.9% APRnext payment −$1.59 per $10,000 · paid last 24h −0.218%
Price spread now: Aster against MEXC+0.202%7-day average −0.133% · 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−$52as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 5 days (all we have)−0.848%−$85 on $10k
+Price spread, last 7 days−0.212%−$21 · spread now +0.202%, 7d avg −0.133%
=Together, before fees−1.060%+ Points / potential airdropAster: Stage 5 · farm board−$106 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.335% dearer against MEXC than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of −0.133%): +$33 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTW_USDT | 0.8674 | 0.1800 | pay 0.0900% / 4h | 2h 06m | $11.2M | $6.1M | 20x |
| Short | Aster BTWUSDT | 0.8691 | 0.1481 | get 0.0741% / 4h | 2h 06m | $2.4M | $2.6M | 5x |
MEXC BTW_USDT
Aster BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- −$66.99
- Price spread: +0.202% → −0.133%
- $33.49
- Slippage, 4 orders
- −$77.57
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$119.07
- Costs to cover
- 0.856%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Aster: live order book, 2 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 MEXC live order book, 1 min ago | 1.72 bp | 14.1 bp −$14 | 33.3 bp −$333 | 140.3 bp −$14.0K | 656.2 bp −$328.1K |
| Sell Aster live order book, 2 min ago | 7.08 bp | 28.1 bp −$28 | 1266.8 bp −$12.7K | 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 | +0.651% | $214K | $766K | 10x | as long as short |
| Gate BTW_USDT | +0.0472% | 4h | 0.8678 | +0.051% | $3.9M | $15.6M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1454% | 4h | 0.8695 | +0.240% | $8.0M | $4.7M | 10x | as long as short |
| Aster BTWUSDTshort | +0.1481% | 4h | 0.8691 | +0.202% | $2.4M | $2.6M | 5x | |
| Bitget BTWUSDT | +0.1620% | 4h | 0.8700 | +0.300% | $27.5M | $12.8M | 5x | as long as short |
| edgeX BTWUSDC | +0.1791% | 4h | 0.8731 | +0.655% | $360K | $496K | 10x | as long as short |
| MEXC BTW_USDTlong | +0.1800% | 4h | 0.8674 | long leg | $11.2M | $6.1M | 20x | |
| Extended BTW-USD | +0.1808% | 1h | 0.8678 | +0.045% | $41K | $13K | 5x | as long as short |
| Binance BTWUSDT | +0.1810% | 4h | 0.8698 | +0.281% | $121.4M | $160.4M | 10x | as long as short |
| BingX BTW-USDT | +0.2840% | 4h | 0.8699 | +0.288% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
edgeX BTWUSDC
Extended BTW-USD
Binance BTWUSDT
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3064% | 4h | 0.8708 | +0.386% | $16.2M | $36.5M | 10x | as long as short |
Bybit BTWUSDT