Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.011%
Price spread now: Extended against Binance−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.042% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTWUSDT | 0.7649 | 0.0878 | pay 0.0439% / 4h | 2h 08m | $106.3M | $170.9M | 10x |
| Short | Extended BTW-USD | 0.7646 | 0.0880 | get 0.0110% / 1h | 8m 07s | $33K | $15K | 5x |
Binance BTWUSDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.4
- Price spread: −0.042% → 0.000%
- −$4.18
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.78
- Costs to cover
- 0.150%
- Break-even
- 336.5 days
Slippage unknown: Binance: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 0.66 bp | 28.2 bp −$28 | 246.0 bp −$2,460 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.7658 | +0.114% | $3.2M | $16.5M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7668 | +0.254% | $190K | $743K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0206% | 4h | 0.7648 | −0.009% | $6.9M | $4.8M | 10x | as long as short |
| Bitget BTWUSDT | +0.0608% | 4h | 0.7658 | +0.116% | $24.1M | $13.7M | 5x | as long as short |
| Aster BTWUSDT | +0.0733% | 4h | 0.7648 | −0.015% | $2.1M | $3.0M | 5x | as long as short |
| Bybit BTWUSDT | +0.0774% | 4h | 0.7641 | −0.102% | $14.5M | $39.4M | 10x | as long as short |
| BingX BTW-USDT | +0.0826% | 4h | 0.7653 | +0.055% | — | $4.3M | — | as long as short |
| edgeX BTWUSDC | +0.0864% | 4h | 0.7625 | −0.312% | $314K | $500K | 10x | as long as short |
| MEXC BTW_USDT | +0.0878% | 4h | 0.7647 | −0.024% | $9.0M | $6.3M | 20x | as long as short |
| Binance BTWUSDTlong | +0.0878% | 4h | 0.7649 | long leg | $106.3M | $170.9M | 10x |
Gate BTW_USDT
HTX BTW-USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Aster BTWUSDT
Bybit BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BTW-USDshort | +0.0880% | 1h | 0.7646 | −0.042% | $33K | $15K | 5x |