Funding you earn now, next payment 20:00 UTC−0.1477%/8hnext payment −$7.39 per $10,000 · paid last 24h −0.081%
Price spread now: BingX against edgeX+0.455%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.744%−$74 on $10k
+Price spread, last 3 days (all we have)−0.075%−$8 · spread now +0.455%, 7d avg +0.008%
=Together, before fees−0.819%+ Points / potential airdropedgeX: Active · farm board−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.447% dearer against edgeX than usual: you sell high and buy low (spread +0.455% now, against its 7-day average of +0.008%): +$45 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.744% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.744% in total (about -38.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTWUSDC | 0.9613 | 0.2315 | pay 0.1158% / 4h | 7m 06s | $357K | $443K | 10x |
| Short | BingX BTW-USDT | 0.9657 | 0.0838 | get 0.0419% / 4h | 7m 06s | — | $4.1M | — |
edgeX BTWUSDC
BingX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- −$310.18
- Price spread: +0.455% → +0.008%
- $44.7
- Slippage, 4 orders
- −$35.89
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$320.37
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 25 min ago; BingX: live order book, 2 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 edgeX live order book, 25 min ago | 1.90 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.64 bp | 17.3 bp −$17 | 63.5 bp −$635 | 512.1 bp −$51.2K | 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 | 0.9588 | −0.257% | $238K | $597K | 10x | as long as short |
| BingX BTW-USDTshort | +0.0838% | 4h | 0.9657 | +0.455% | — | $4.1M | — | |
| Bybit BTWUSDT | +0.1209% | 4h | 0.9647 | +0.348% | $19.5M | $25.9M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1306% | 4h | 0.9652 | +0.405% | $9.0M | $3.3M | 10x | as long as short |
| Gate BTW_USDT | +0.1354% | 4h | 0.9630 | +0.173% | $4.3M | $10.8M | 10x | as long as short |
| Bitget BTWUSDT | +0.1932% | 4h | 0.9679 | +0.688% | $30.9M | $8.3M | 5x | as long as short |
| Aster BTWUSDT | +0.2238% | 4h | 0.9586 | −0.282% | $2.7M | $2.1M | 5x | as long as short |
| Extended BTW-USD | +0.2304% | 1h | 0.9654 | +0.427% | $46K | $10K | 5x | as long as short |
| MEXC BTW_USDT | +0.2306% | 4h | 0.9658 | +0.466% | $15.5M | $4.9M | 20x | as long as short |
| Binance BTWUSDT | +0.2307% | 4h | 0.9654 | +0.424% | $137.3M | $115.4M | 10x | as long as short |
HTX BTW-USDT
Bybit BTWUSDT
KuCoin BTWUSDTM
Gate BTW_USDT
Bitget BTWUSDT
Aster BTWUSDT
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 BTWUSDClong | +0.2315% | 4h | 0.9613 | long leg | $357K | $443K | 10x |