Funding you earn now, next payment 00:00 UTC+0.1030%/8h= +112.8% APRnext payment +$5.15 per $10,000 · paid last 24h −0.149%
Price spread now: BingX against MEXC+0.023%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$710.713% of the position
Funding, last 7 days−0.791%−$79 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.023%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$31 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.791%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTW_USDT | 0.8700 | 0.1810 | pay 0.0905% / 4h | 2h 05m | $11.2M | $6.1M | 20x |
| Short | BingX BTW-USDT | 0.8702 | 0.2840 | get 0.1420% / 4h | 2h 05m | — | $4.4M | — |
MEXC BTW_USDT
BingX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $216.3
- Price spread: +0.023% → +0.041%
- −$1.8
- Slippage, 4 orders
- −$61.31
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $143.19
- Costs to cover
- 0.713%
- Break-even
- 2.4 days
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 25 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 MEXC live order book, 3 min ago | 1.72 bp | 14.1 bp −$14 | 33.3 bp −$333 | 140.3 bp −$14.0K | 656.2 bp −$328.1K |
| Sell BingX live order book, 25 min ago | 5.00 bp | 18.1 bp −$18 | 108.0 bp −$1,080 | 677.0 bp −$67.7K | 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 | 0.8730 | +0.351% | $214K | $766K | 10x | as long as short |
| Gate BTW_USDT | +0.0440% | 4h | 0.8682 | −0.211% | $3.9M | $15.6M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1454% | 4h | 0.8701 | +0.011% | $8.0M | $4.7M | 10x | as long as short |
| Aster BTWUSDT | +0.1484% | 4h | 0.8699 | −0.015% | $2.4M | $2.6M | 5x | as long as short |
| Bitget BTWUSDT | +0.1608% | 4h | 0.8729 | +0.329% | $27.6M | $12.8M | 5x | as long as short |
| edgeX BTWUSDC | +0.1791% | 4h | 0.8731 | +0.354% | $360K | $496K | 10x | as long as short |
| Extended BTW-USD | +0.1808% | 1h | 0.8712 | +0.136% | $41K | $13K | 5x | as long as short |
| MEXC BTW_USDTlong | +0.1810% | 4h | 0.8700 | long leg | $11.2M | $6.1M | 20x | |
| Binance BTWUSDT | +0.1815% | 4h | 0.8705 | +0.057% | $121.5M | $160.4M | 10x | as long as short |
| BingX BTW-USDTshort | +0.2840% | 4h | 0.8702 | +0.023% | — | $4.4M | — |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
edgeX BTWUSDC
Extended BTW-USD
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3042% | 4h | 0.8700 | 0.000% | $16.2M | $36.5M | 10x | as long as short |
Bybit BTWUSDT