Settings8H · net · $10k
Funding arb · Price arb /

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: edgeX against MEXC+0.734%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs+$33as in the Price arb table
costs, in and out, $10k−$400.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 3 days (all we have)−0.640%−$64 · spread now +0.734%, 7d avg +0.006%
Together, before fees−0.637%+ Points / potential airdropedgeX: Active · farm board−$64 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: edgeX is 0.728% dearer against MEXC than usual: you sell high and buy low, +$73 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTW_USDT0.87350.1800pay 0.0900% / 4h1h 47m$11.2M$5.9M20x
ShortedgeX BTWUSDC0.87990.1806get 0.0903% / 4h1h 47m$363K$497K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.19
Price spread: +0.734% → +0.006%
$72.76
Slippage, 4 orders
−$30.9
Fee MEXC: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$34.06
Costs to cover
0.399%
Break-even
from the start
Slippage from MEXC: live order book, 6 min ago; edgeX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 6 min ago2.86 bp12.8 bp −$1348.4 bp −$484232.6 bp −$23.3K603.4 bp −$301.7K
Sell edgeX live order book, 11 min ago1.95 bp9.8 bp −$10doesn't fitdoesn't fitdoesn't fit

BTW on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BTW-USDT+0.0100%4h0.8761+0.303%$215K$763K10xas long as short
Gate BTW_USDT+0.0702%4h0.8721−0.166%$3.8M$15.5M10xas long as short
KuCoin BTWUSDTM+0.1488%4h0.8731−0.046%$8.0M$4.7M10xas long as short
Aster BTWUSDT+0.1496%4h0.8737+0.019%$2.4M$2.7M5xas long as short
Bitget BTWUSDT+0.1640%4h0.8743+0.091%$27.7M$12.9M5xas long as short
Extended BTW-USD+0.1784%1h0.8733−0.022%$42K$13K5xas long as short
Binance BTWUSDT+0.1786%4h0.8735−0.002%$121.9M$161.2M10xas long as short
MEXC BTW_USDTlong+0.1800%4h0.8735long leg$11.2M$5.9M20x
edgeX BTWUSDCshort+0.1806%4h0.8799+0.734%$363K$497K10x
BingX BTW-USDT+0.2886%4h0.8746+0.126%$4.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BTWUSDT+0.3008%4h0.8726−0.101%$16.2M$36.7M10xas long as short