Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.246%
Price spread now: edgeX against Bybit+0.220%101s7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as 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−$1791.789% of the position
Funding, last 7 days+0.740%+$74 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.220%, 7d avg +0.092%
=Together, before fees+0.675%+ Points / potential airdropedgeX: Active · farm board+$68 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 0.128% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.092%. The two prices were read 101 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 | Bybit BTWUSDT | 0.7985 | 0.0955 | pay 0.0477% / 4h | 1h 55m | $15.2M | $42.2M | 10x |
| Short | edgeX BTWUSDC | 0.8003 | 0.0993 | get 0.0497% / 4h | 1h 55m | $348K | $520K | 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
- $8.05
- Price spread: +0.220% → +0.092%
- $12.81
- Slippage, 4 orders
- −$158.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$158.04
- Costs to cover
- 1.789%
- Break-even
- 144.4 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 28 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 | 4.83 bp | 75.1 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 28 min ago | 3.64 bp | 11.6 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.7986 | +0.010% | $206K | $784K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0210% | 4h | 0.7972 | −0.159% | $7.1M | $5.0M | 10x | as long as short |
| Aster BTWUSDT | +0.0710% | 4h | 0.7989 | +0.045% | $2.2M | $3.3M | 5x | as long as short |
| Bitget BTWUSDT | +0.0724% | 4h | 0.7995 | +0.123% | $25.1M | $15.5M | 5x | as long as short |
| BingX BTW-USDT | +0.0944% | 4h | 0.7998 | +0.160% | — | $4.3M | — | as long as short |
| Bybit BTWUSDTlong | +0.0955% | 4h | 0.7985 | long leg | $15.2M | $42.2M | 10x | |
| Extended BTW-USD | +0.0968% | 1h | 0.7983 | −0.027% | $34K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0968% | 4h | 0.7984 | −0.015% | $8.8M | $6.5M | 20x | as long as short |
| Binance BTWUSDT | +0.0968% | 4h | 0.7990 | +0.064% | $111.0M | $183.5M | 10x | as long as short |
| edgeX BTWUSDCshort | +0.0993% | 4h | 0.8003 | +0.220% | $348K | $520K | 10x |
HTX BTW-USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
BingX 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1128% | 4h | 0.7944 | −0.514% | $3.3M | $17.7M | 10x | as long as short |
Gate BTW_USDT