Funding you earn now, next payment 04:00 UTC+0.0980%/8h= +107.3% APRnext payment +$4.90 per $10,000 · paid last 24h +0.280%
Price spread now: edgeX against Bybit+1.114%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$1391.394% of the position
Funding, last 7 days+0.727%+$73 on $10k
+Price spread, last 3 days (all we have)−0.959%−$96 · spread now +1.114%, 7d avg +0.091%
=Together, before fees−0.232%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and edgeX is 1.023% dearer against Bybit than usual: you sell high and buy low: +$102 more if the spread goes back to its 7-day average of +0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTWUSDT | 0.7926 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $15.5M | $38.4M | 10x |
| Short | edgeX BTWUSDC | 0.8014 | 0.1080 | get 0.0540% / 4h | 3h 55m | $330K | $499K | 10x |
Bybit BTWUSDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $205.7
- Price spread: +1.114% → +0.091%
- $102.34
- Slippage, 4 orders
- −$119.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $168.6
- Costs to cover
- 1.394%
- Break-even
- 1.3 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 58 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 Bybit live order book, 3 min ago | 5.18 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 58 min ago | 3.21 bp | 11.4 bp −$11 | 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 | −0.0040% | 4h | 0.7929 | +0.037% | $3.4M | $15.9M | 10x | as long as short |
| Bybit BTWUSDTlong | +0.0100% | 4h | 0.7926 | long leg | $15.5M | $38.4M | 10x | |
| HTX BTW-USDT | +0.0100% | 4h | 0.7973 | +0.596% | $198K | $743K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0932% | 4h | 0.7953 | +0.345% | $7.3M | $4.8M | 10x | as long as short |
| Aster BTWUSDT | +0.1047% | 4h | 0.7948 | +0.278% | $2.2M | $2.9M | 5x | as long as short |
| Extended BTW-USD | +0.1064% | 1h | 0.7936 | +0.132% | $38K | $11K | 5x | as long as short |
| Binance BTWUSDT | +0.1067% | 4h | 0.7935 | +0.110% | $110.5M | $167.8M | 10x | as long as short |
| MEXC BTW_USDT | +0.1078% | 4h | 0.7939 | +0.164% | $9.5M | $6.1M | 20x | as long as short |
| edgeX BTWUSDCshort | +0.1080% | 4h | 0.8014 | +1.114% | $330K | $499K | 10x | |
| Bitget BTWUSDT | +0.1084% | 4h | 0.7959 | +0.419% | $25.2M | $13.5M | 5x | as long as short |
Gate BTW_USDT
HTX BTW-USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Extended BTW-USD
Binance BTWUSDT
MEXC BTW_USDT
Bitget BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDT | +0.1166% | 4h | 0.7941 | +0.189% | — | $4.4M | — | as long as short |
BingX BTW-USDT