Funding you earn now, next payment 02:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.158%
Price spread now: Extended against BingX−0.155%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 pays, the price is against you. Extended is 0.155% cheaper against BingX than usual: you would sell low and buy high (spread −0.155% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 20 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.7776 | 0.0878 | pay 0.0439% / 4h | 2h 55m | — | $4.3M | — |
| Short | Extended BTW-USD | 0.7764 | 0.0904 | get 0.0113% / 1h | 55m 01s | $33K | $15K | 5x |
BingX BTW-USDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- $5.46
- Price spread: −0.155% → 0.000%
- −$15.47
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.01
- Costs to cover
- 0.150%
- Break-even
- 39.1 days
Slippage unknown: BingX: live order book, 9 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 BingX live order book, 9 min ago | 5.74 bp | 31.1 bp −$31 | 124.6 bp −$1,246 | 809.4 bp −$80.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.7764 | −0.154% | $193K | $742K | 10x | as long as short |
| Gate BTW_USDT | +0.0344% | 4h | 0.7744 | −0.413% | $3.2M | $16.2M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0564% | 4h | 0.7752 | −0.302% | $7.0M | $4.8M | 10x | as long as short |
| Aster BTWUSDT | +0.0732% | 4h | 0.7754 | −0.285% | $2.1M | $2.9M | 5x | as long as short |
| Bybit BTWUSDT | +0.0772% | 4h | 0.7772 | −0.055% | $14.8M | $39.1M | 10x | as long as short |
| Bitget BTWUSDT | +0.0782% | 4h | 0.7798 | +0.287% | $24.5M | $13.6M | 5x | as long as short |
| BingX BTW-USDTlong | +0.0878% | 4h | 0.7776 | long leg | — | $4.3M | — | |
| Extended BTW-USDshort | +0.0904% | 1h | 0.7764 | −0.155% | $33K | $15K | 5x | |
| MEXC BTW_USDT | +0.0906% | 4h | 0.7767 | −0.116% | $9.3M | $6.2M | 20x | as long as short |
| Binance BTWUSDT | +0.0907% | 4h | 0.7774 | −0.027% | $108.1M | $169.2M | 10x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bybit BTWUSDT
Bitget BTWUSDT
MEXC BTW_USDT
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0921% | 4h | 0.7764 | −0.153% | $320K | $499K | 10x | as long as short |
edgeX BTWUSDC