Funding you earn now, next payment 04:00 UTC+0.0431%/8h= +47.2% APRnext payment +$2.16 per $10,000 · paid last 24h +0.147%
Price spread now: edgeX against Gate−0.323%67s7-day average +0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as 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−$1081.078% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 3 days (all we have)+0.518%+$52 · spread now −0.323%, 7d avg +0.174%
=Together, before fees+0.869%+ Points / potential airdropedgeX: Active · farm board+$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.497% cheaper against Gate than usual: you would sell low and buy high (spread −0.323% now, against its 7-day average of +0.174%). If the spread goes back, that is −$50 on $10k: about 3.8 days of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.350% in total) that is about 9.9 days. The two prices were read 67 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 | Gate BTW_USDT | 0.7805 | 0.0548 | pay 0.0274% / 4h | 3h 06m | $3.3M | $16.3M | 10x |
| Short | edgeX BTWUSDC | 0.7780 | 0.0979 | get 0.0490% / 4h | 3h 06m | $321K | $500K | 10x |
Gate BTW_USDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $90.58
- Price spread: −0.323% → +0.174%
- −$49.72
- Slippage, 4 orders
- −$83.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$66.96
- Costs to cover
- 1.078%
- Break-even
- 12.2 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 43 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 Gate live order book, 2 min ago | 9.88 bp | 43.4 bp −$43 | 79.3 bp −$793 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 43 min ago | 3.28 bp | 12.6 bp −$13 | 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 | 0.7813 | +0.105% | $194K | $742K | 10x | as long as short |
| Gate BTW_USDTlong | +0.0548% | 4h | 0.7805 | long leg | $3.3M | $16.3M | 10x | |
| KuCoin BTWUSDTM | +0.0654% | 4h | 0.7795 | −0.134% | $7.1M | $4.7M | 10x | as long as short |
| Bybit BTWUSDT | +0.0807% | 4h | 0.7794 | −0.149% | $14.9M | $39.0M | 10x | as long as short |
| Aster BTWUSDT | +0.0842% | 4h | 0.7803 | −0.026% | $2.1M | $2.9M | 5x | as long as short |
| Bitget BTWUSDT | +0.0860% | 4h | 0.7797 | −0.107% | $24.5M | $13.6M | 5x | as long as short |
| BingX BTW-USDT | +0.0954% | 4h | 0.7804 | −0.017% | — | $4.3M | — | as long as short |
| Extended BTW-USD | +0.0960% | 1h | 0.7801 | −0.051% | $33K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0962% | 4h | 0.7799 | −0.081% | $9.3M | $6.3M | 20x | as long as short |
| Binance BTWUSDT | +0.0962% | 4h | 0.7798 | −0.098% | $108.5M | $169.0M | 10x | as long as short |
HTX BTW-USDT
KuCoin BTWUSDTM
Bybit BTWUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDCshort | +0.0979% | 4h | 0.7780 | −0.323% | $321K | $500K | 10x |