Funding you earn now, next payment 04:00 UTC+0.0954%/8h= +104.5% APRnext payment +$4.77 per $10,000 · paid last 24h +0.446%
Price spread now: MEXC against HTX+0.256%50s7-day average −0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$665as 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−$8148.140% of the position
Funding, last 7 days+1.488%+$149 on $10k
+Price spread, last 3 days (all we have)−0.723%−$72 · spread now +0.256%, 7d avg −0.172%
=Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and MEXC is 0.428% dearer against HTX than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.172%. The two prices were read 50 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 | HTX BTW-USDT | 0.7820 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $196K | $747K | 10x |
| Short | MEXC BTW_USDT | 0.7840 | 0.1054 | get 0.0527% / 4h | 3h 33m | $9.3M | $6.2M | 20x |
HTX BTW-USDT
MEXC BTW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. 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
- $200.34
- Price spread: +0.256% → −0.172%
- $42.75
- Slippage, 4 orders
- −$802.01
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$570.92
- Costs to cover
- 8.140%
- Break-even
- 26.9 days
Slippage from HTX: live order book, 40 min ago; MEXC: live order book, 5 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 HTX live order book, 40 min ago | 34.74 bp | 455.3 bp −$455 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.15 bp | 11.4 bp −$11 | 38.2 bp −$382 | 261.1 bp −$26.1K | 844.8 bp −$422.4K |
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-USDTlong | +0.0100% | 4h | 0.7820 | long leg | $196K | $747K | 10x | |
| Gate BTW_USDT | +0.0398% | 4h | 0.7812 | −0.104% | $3.3M | $16.1M | 10x | as long as short |
| Bybit BTWUSDT | +0.0594% | 4h | 0.7812 | −0.106% | $15.2M | $38.7M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0812% | 4h | 0.7832 | +0.156% | $7.2M | $4.8M | 10x | as long as short |
| Bitget BTWUSDT | +0.0990% | 4h | 0.7857 | +0.471% | $24.7M | $13.6M | 5x | as long as short |
| BingX BTW-USDT | +0.0992% | 4h | 0.7825 | +0.064% | — | $4.4M | — | as long as short |
| Aster BTWUSDT | +0.1028% | 4h | 0.7821 | +0.010% | $2.1M | $2.9M | 5x | as long as short |
| edgeX BTWUSDC | +0.1051% | 4h | 0.7913 | +1.190% | $326K | $501K | 10x | as long as short |
| MEXC BTW_USDTshort | +0.1054% | 4h | 0.7840 | +0.256% | $9.3M | $6.2M | 20x | |
| Binance BTWUSDT | +0.1054% | 4h | 0.7825 | +0.064% | $109.0M | $169.0M | 10x | as long as short |
Gate BTW_USDT
Bybit BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
BingX BTW-USDT
Aster BTWUSDT
edgeX BTWUSDC
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BTW-USD | +0.1056% | 1h | 0.7822 | +0.031% | $37K | $11K | 5x | as long as short |
Extended BTW-USD