Funding arb · Price arb / Crypto

BTW

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LONGAster▾Aster −1.3515%edgeX −1.3475%Extended −1.3352%MEXC −1.3350%Binance −1.3276%Bitget −1.3208%KuCoin −1.2566%HTX −1.1510%Gate −1.1390%Bybit −0.8894%BingX −0.6346%

⇄⇅

SHORTOKX▾BingX −0.6346%Bybit −0.8894%OKX −1.0152%Gate −1.1390%HTX −1.1510%KuCoin −1.2566%Bitget −1.3208%Binance −1.3276%MEXC −1.3350%Extended −1.3352%edgeX −1.3475%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterBTWUSDT	1.6061	−1.3515	get 0.6757% / 4h	1h 52m	$322K	$718K	5x	Long Aster≤10% back
SHORT	OKXBTW-USDT-SWAP	1.6071	−1.0152	pay 0.1269% / 1h	52m 23s	$1.3M	$15.3M	20x	Short OKX

Price gap+0.060%

Funding gap+0.3363% /8h

Both sides work: funding pays +$101 a day on $10k, and the gap is 0.323% above its 7d average: +$32 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid −0.718% in total, about −0.0638%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.060%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

AsterOKX

BTW on 12 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

• !
  Watch: Thin at this size21.7 / 31.9 bp

  At $10k entering OKX costs 31.9 bp, fee and slippage, 1.5× Aster’s.
• i
  Note: Margin at max leverage$2,000 + $500

  Aster 5x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ4h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long Aster · 4h+$405.45

  Short OKX · 1h−$304.55

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$100.90Long Aster: 6 payments, +$405.45; short OKX: 24 payments, −$304.55.
• ✓
  OK: Entry gap works for you+0.060% vs −0.263%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Long leg is thinner$322K vs $1.3M OI

  Aster sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legAster Stage 5

  Volume here counts toward the points program.
• !
  Watch: KYCAster No · OKX Yes

  Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0638%/8h × 21 periods−$133.92

Price spread+0.060% → −0.263% (7d avg)+$32.30

Slippage, 4 orderslive order books−$94.87

Fee Aster bp × 2 orders−$8.00

Fee OKX bp × 2 orders−$10.00

Net · 7 days · $10k−$214.49

Costs to cover1.129%Break-evennever at this rate

Slippage: Aster: live order book, 25 min ago; OKX: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAster4.1821.7 bp−$22201.4 bp−$2,014doesn’t fitdoesn’t fit

SELL · SHORTOKX2.1831.9 bp−$32doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

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BTW news

posts that mention BTW, from every exchangeSearch all news →

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