Settings8H · net · $10k
Funding arb · Price arb /

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0289%/8h= +31.7% APRpaid last 24h +0.169%
Price spread now: Extended against Aster+0.131%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.131% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTWUSDT0.83290.0783pay 0.0391% / 4h2h 31m$2.3M$3.2M5x
ShortExtended BTW-USD0.83400.1072get 0.0134% / 1h31m 47s$36K$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$60.74
Price spread: +0.131% → 0.000%
$13.14
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$60.88
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Aster: live order book, 2 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago4.39 bp22.5 bp −$22238.0 bp −$2,380doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BTW on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BTW-USDT+0.0100%4h0.8311−0.215%$214K$774K10xas long as short
KuCoin BTWUSDTM+0.0236%4h0.8329+0.001%$7.4M$4.9M10xas long as short
Bybit BTWUSDT+0.0676%4h0.8336+0.086%$15.9M$41.5M10xas long as short
Bitget BTWUSDT+0.0724%4h0.8347+0.225%$26.2M$15.2M5xas long as short
Aster BTWUSDTlong+0.0783%4h0.8329long leg$2.3M$3.2M5x
BingX BTW-USDT+0.1015%4h0.8342+0.158%$4.4Mas long as short
Binance BTWUSDT+0.1071%4h0.8343+0.170%$116.3M$180.8M10xas long as short
Extended BTW-USDshort+0.1072%1h0.8340+0.131%$36K$15K5x
edgeX BTWUSDC+0.1078%4h0.8349+0.241%$344K$503K10xas long as short
MEXC BTW_USDT+0.1078%4h0.8345+0.195%$9.5M$6.5M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BTW_USDT+0.1460%4h0.8319−0.114%$3.4M$17.9M10xas long as short