Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: edgeX against MEXC−0.195%113s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as 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−$390.390% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.285%+$29 · spread now −0.195%, 7d avg +0.009%
=Together, before fees+0.288%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.204% cheaper against MEXC than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of +0.009%). If the spread goes back, that is −$20 on $10k: about 24 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 18 months. The two prices were read 113 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 | MEXC BTW_USDT | 0.8152 | 0.1246 | pay 0.0623% / 4h | 19m 40s | $9.8M | $6.1M | 20x |
| Short | edgeX BTWUSDC | 0.8136 | 0.1274 | get 0.0637% / 4h | 19m 40s | $335K | $499K | 10x |
MEXC BTW_USDT
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $5.89
- Price spread: −0.195% → +0.009%
- −$20.36
- Slippage, 4 orders
- −$29.96
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$53.43
- Costs to cover
- 0.390%
- Break-even
- 70.5 days
Slippage from MEXC: live order book, 3 min ago; edgeX: live order book, 34 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 | 0.61 bp | 9.4 bp −$9 | 41.4 bp −$414 | 226.7 bp −$22.7K | 783.2 bp −$391.6K |
| Sell edgeX live order book, 34 min ago | 3.21 bp | 11.4 bp −$11 | 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 | 0.8162 | +0.121% | $202K | $759K | 10x | as long as short |
| Gate BTW_USDT | +0.0588% | 4h | 0.8146 | −0.068% | $3.5M | $16.0M | 10x | as long as short |
| Aster BTWUSDT | +0.1142% | 4h | 0.8141 | −0.132% | $2.2M | $2.9M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1154% | 4h | 0.8153 | +0.008% | $7.4M | $4.8M | 10x | as long as short |
| Bitget BTWUSDT | +0.1232% | 4h | 0.8166 | +0.174% | $25.8M | $13.5M | 5x | as long as short |
| Binance BTWUSDT | +0.1238% | 4h | 0.8153 | +0.012% | $113.6M | $167.8M | 10x | as long as short |
| MEXC BTW_USDTlong | +0.1246% | 4h | 0.8152 | long leg | $9.8M | $6.1M | 20x | |
| Extended BTW-USD | +0.1248% | 1h | 0.8151 | −0.011% | $39K | $11K | 5x | as long as short |
| edgeX BTWUSDCshort | +0.1274% | 4h | 0.8136 | −0.195% | $335K | $499K | 10x | |
| Bybit BTWUSDT | +0.1319% | 4h | 0.8137 | −0.184% | $15.9M | $38.7M | 10x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Binance BTWUSDT
Extended BTW-USD
Bybit BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDT | +0.1320% | 4h | 0.8153 | +0.012% | — | $4.4M | — | as long as short |
BingX BTW-USDT