Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against edgeX+0.662%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$980.983% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.676%−$68 · spread now +0.662%, 7d avg −0.017%
=Together, before fees−0.679%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.679% dearer against edgeX than usual: you sell high and buy low (spread +0.662% now, against its 7-day average of −0.017%): +$68 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7 months. At the pace of the last 7 days (−0.003% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTWUSDC | 0.8655 | 0.1815 | pay 0.0908% / 4h | 1h 59m | $357K | $498K | 10x |
| Short | MEXC BTW_USDT | 0.8712 | 0.1804 | get 0.0902% / 4h | 1h 59m | $11.2M | $5.9M | 20x |
edgeX BTWUSDC
MEXC BTW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$2.32
- Price spread: +0.662% → −0.017%
- $67.89
- Slippage, 4 orders
- −$89.27
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$32.7
- Costs to cover
- 0.983%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 64 min ago; MEXC: live order book, 4 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, 64 min ago | 28.78 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.57 bp | 6.8 bp −$7 | 25.9 bp −$259 | 209.4 bp −$20.9K | 615.4 bp −$307.7K |
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 | 0.8642 | −0.141% | $211K | $765K | 10x | as long as short |
| Gate BTW_USDT | +0.0620% | 4h | 0.8702 | +0.542% | $3.8M | $15.4M | 10x | as long as short |
| Aster BTWUSDT | +0.1492% | 4h | 0.8716 | +0.709% | $2.4M | $2.6M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1498% | 4h | 0.8725 | +0.809% | $8.0M | $4.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.1616% | 4h | 0.8737 | +0.946% | $27.6M | $12.8M | 5x | as long as short |
| MEXC BTW_USDTshort | +0.1804% | 4h | 0.8712 | +0.662% | $11.2M | $5.9M | 20x | |
| Binance BTWUSDT | +0.1804% | 4h | 0.8702 | +0.547% | $121.5M | $160.7M | 10x | as long as short |
| Extended BTW-USD | +0.1808% | 1h | 0.8723 | +0.786% | $42K | $13K | 5x | as long as short |
| edgeX BTWUSDClong | +0.1815% | 4h | 0.8655 | long leg | $357K | $498K | 10x | |
| BingX BTW-USDT | +0.2902% | 4h | 0.8701 | +0.535% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Binance BTWUSDT
Extended BTW-USD
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3067% | 4h | 0.8700 | +0.529% | $16.1M | $36.5M | 10x | as long as short |
Bybit BTWUSDT