Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Binance+0.007%90s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as 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−$840.838% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.007%, 7d avg +0.010%
=Together, before fees−0.029%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 90 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 | Binance BTWUSDT | 0.8357 | 0.0959 | pay 0.0480% / 4h | 24m 06s | $116.5M | $180.8M | 10x |
| Short | edgeX BTWUSDC | 0.8358 | 0.0974 | get 0.0487% / 4h | 24m 06s | $344K | $502K | 10x |
Binance BTWUSDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $3.19
- Price spread: +0.007% → +0.010%
- −$0.33
- Slippage, 4 orders
- −$64.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$80.97
- Costs to cover
- 0.838%
- Break-even
- 184.8 days
Slippage from Binance: live order book, 4 min ago; edgeX: live order book, 10 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 Binance live order book, 4 min ago | 1.79 bp | 23.4 bp −$23 | 136.6 bp −$1,366 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 10 min ago | 4.40 bp | 13.5 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.8319 | −0.452% | $3.5M | $17.8M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8353 | −0.046% | $7.4M | $4.9M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8344 | −0.161% | $214K | $786K | 10x | as long as short |
| Bybit BTWUSDT | +0.0126% | 4h | 0.8343 | −0.163% | $16.2M | $41.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.0616% | 4h | 0.8344 | −0.152% | $26.2M | $15.1M | 5x | as long as short |
| Aster BTWUSDT | +0.0887% | 4h | 0.8336 | −0.256% | $2.3M | $3.2M | 5x | as long as short |
| BingX BTW-USDT | +0.0928% | 4h | 0.8348 | −0.108% | — | $4.4M | — | as long as short |
| MEXC BTW_USDT | +0.0958% | 4h | 0.8368 | +0.132% | $9.6M | $6.4M | 20x | as long as short |
| Binance BTWUSDTlong | +0.0959% | 4h | 0.8357 | long leg | $116.5M | $180.8M | 10x | |
| Extended BTW-USD | +0.0960% | 1h | 0.8365 | +0.100% | $36K | $15K | 5x | as long as short |
Gate BTW_USDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDCshort | +0.0974% | 4h | 0.8358 | +0.007% | $344K | $502K | 10x |