Funding you earn now, next payment 00:00 UTC−0.0673%/8h= −73.7% APRnext payment −$3.36 per $10,000 · paid last 24h +0.079%
Price spread now: Gate against Aster−0.227%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1371.373% of the position
Funding, last 5 days (all we have)+0.501%+$50 on $10k
+Price spread, last 7 days+0.144%+$14 · spread now −0.227%, 7d avg −0.026%
=Together, before fees+0.644%+ Points / potential airdropAster: Stage 5 · farm board+$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Gate is 0.201% cheaper against Aster than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.501%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.8042 | 0.1253 | pay 0.0626% / 4h | 1h 02m | $2.2M | $2.8M | 5x |
| Short | Gate BTW_USDT | 0.8024 | 0.0580 | get 0.0290% / 4h | 1h 02m | $3.5M | $15.9M | 10x |
Aster BTWUSDT
Gate BTW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aster. 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
- −$141.28
- Price spread: −0.227% → −0.026%
- −$20.12
- Slippage, 4 orders
- −$114.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$298.73
- Costs to cover
- 1.373%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Gate: live order book, 1 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 Aster live order book, 1 min ago | 3.40 bp | 21.8 bp −$22 | 459.5 bp −$4,595 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 11.74 bp | 45.1 bp −$45 | 78.0 bp −$780 | 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 | 0.8156 | +1.410% | $201K | $758K | 10x | as long as short |
| Gate BTW_USDTshort | +0.0580% | 4h | 0.8024 | −0.227% | $3.5M | $15.9M | 10x | |
| Aster BTWUSDTlong | +0.1253% | 4h | 0.8042 | long leg | $2.2M | $2.8M | 5x | |
| KuCoin BTWUSDTM | +0.1370% | 4h | 0.8050 | +0.099% | $7.4M | $4.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.1444% | 4h | 0.8068 | +0.322% | $25.6M | $13.3M | 5x | as long as short |
| Binance BTWUSDT | +0.1490% | 4h | 0.8055 | +0.158% | $112.3M | $166.4M | 10x | as long as short |
| MEXC BTW_USDT | +0.1508% | 4h | 0.8056 | +0.170% | $9.8M | $6.2M | 20x | as long as short |
| Extended BTW-USD | +0.1512% | 1h | 0.8033 | −0.113% | $38K | $11K | 5x | as long as short |
| edgeX BTWUSDC | +0.1523% | 4h | 0.8056 | +0.172% | $332K | $499K | 10x | as long as short |
| BingX BTW-USDT | +0.2020% | 4h | 0.8057 | +0.183% | — | $4.4M | — | as long as short |
HTX BTW-USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Binance BTWUSDT
MEXC BTW_USDT
Extended BTW-USD
edgeX BTWUSDC
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2081% | 4h | 0.8041 | −0.023% | $15.6M | $38.1M | 10x | as long as short |
Bybit BTWUSDT