Funding you earn now, next payment 12:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.042%
Price spread now: BingX against Aster−0.044%7-day average +0.169% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$960.962% of the position
Funding, last 6 days (all we have)+0.418%+$42 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.044%, 7d avg +0.169%
=Together, before fees+0.316%+ Points / potential airdropAster: Stage 5 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.212% cheaper against Aster than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.169%). If the spread goes back, that is −$21 on $10k: about 26 days of funding at the current rate (+$1 a day). At the pace of the last 6 days (+0.418% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.8034 | 0.0679 | pay 0.0339% / 4h | 3h 15m | $2.2M | $3.3M | 5x |
| Short | BingX BTW-USDT | 0.8031 | 0.0706 | get 0.0353% / 4h | 3h 15m | — | $3.9M | — |
Aster BTWUSDT
BingX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- $5.73
- Price spread: −0.044% → +0.169%
- −$21.22
- Slippage, 4 orders
- −$78.24
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$111.73
- Costs to cover
- 0.962%
- Break-even
- 143.4 days
Slippage from Aster: live order book, 3 min ago; BingX: live order book, 5 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 Aster live order book, 3 min ago | 4.61 bp | 22.2 bp −$22 | 209.2 bp −$2,092 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 4.99 bp | 25.0 bp −$25 | 97.2 bp −$972 | 573.2 bp −$57.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.0100% | 4h | 0.8022 | −0.157% | $15.5M | $39.2M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8036 | +0.016% | $7.1M | $4.6M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8036 | +0.019% | $210K | $718K | 10x | as long as short |
| Bitget BTWUSDT | +0.0576% | 4h | 0.8058 | +0.297% | $25.3M | $14.6M | 5x | as long as short |
| Gate BTW_USDT | +0.0578% | 4h | 0.8030 | −0.055% | $3.3M | $17.3M | 10x | as long as short |
| Aster BTWUSDTlong | +0.0679% | 4h | 0.8034 | long leg | $2.2M | $3.3M | 5x | |
| BingX BTW-USDTshort | +0.0706% | 4h | 0.8031 | −0.044% | — | $3.9M | — | |
| Extended BTW-USD | +0.0728% | 1h | 0.8045 | +0.131% | $35K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0730% | 4h | 0.8041 | +0.081% | $9.0M | $6.4M | 20x | as long as short |
| Binance BTWUSDT | +0.0731% | 4h | 0.8032 | −0.031% | $111.5M | $172.2M | 10x | as long as short |
Bybit BTWUSDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bitget BTWUSDT
Gate BTW_USDT
Extended BTW-USD
MEXC BTW_USDT
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0733% | 4h | 0.8035 | +0.010% | $349K | $511K | 10x | as long as short |
edgeX BTWUSDC