Funding you earn now, next payment 12:00 UTC+0.0042%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.151%
Price spread now: edgeX against BingX+0.280%100s7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as 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−$760.763% of the position
Funding, last 7 days+0.742%+$74 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.280%, 7d avg −0.038%
=Together, before fees+0.598%+ Points / potential airdropedgeX: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.318% dearer against BingX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 100 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 | BingX BTW-USDT | 0.8514 | 0.0714 | pay 0.0357% / 4h | 49m 54s | — | $3.6M | — |
| Short | edgeX BTWUSDC | 0.8538 | 0.0756 | get 0.0378% / 4h | 49m 54s | $371K | $503K | 10x |
BingX BTW-USDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BingX. 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
- $8.72
- Price spread: +0.280% → −0.038%
- $31.83
- Slippage, 4 orders
- −$57.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$35.75
- Costs to cover
- 0.763%
- Break-even
- 35.7 days
Slippage from BingX: live order book, 8 min ago; edgeX: live order book, 57 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 BingX live order book, 8 min ago | 4.67 bp | 26.9 bp −$27 | 78.7 bp −$787 | 559.3 bp −$55.9K | doesn't fit |
| Sell edgeX live order book, 57 min ago | 3.12 bp | 10.7 bp −$11 | 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 | 0.8510 | −0.043% | $16.2M | $37.1M | 10x | as long as short |
| Gate BTW_USDT | +0.0100% | 4h | 0.8504 | −0.118% | $3.5M | $16.6M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8492 | −0.253% | $7.4M | $4.4M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8522 | +0.094% | $224K | $683K | 10x | as long as short |
| Bitget BTWUSDT | +0.0422% | 4h | 0.8513 | −0.012% | $26.8M | $13.9M | 5x | as long as short |
| Aster BTWUSDT | +0.0656% | 4h | 0.8505 | −0.106% | $2.4M | $3.3M | 5x | as long as short |
| BingX BTW-USDTlong | +0.0714% | 4h | 0.8514 | long leg | — | $3.6M | — | |
| MEXC BTW_USDT | +0.0744% | 4h | 0.8511 | −0.035% | $9.5M | $6.0M | 20x | as long as short |
| Binance BTWUSDT | +0.0751% | 4h | 0.8508 | −0.069% | $117.9M | $163.8M | 10x | as long as short |
| Extended BTW-USD | +0.0752% | 1h | 0.8507 | −0.088% | $37K | $13K | 5x | as long as short |
Bybit BTWUSDT
Gate BTW_USDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bitget BTWUSDT
Aster BTWUSDT
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 BTWUSDCshort | +0.0756% | 4h | 0.8538 | +0.280% | $371K | $503K | 10x |