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

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.298%
Price spread now: Extended against Bitget−0.014%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BTWUSDT0.87420.1618pay 0.0809% / 4h1h 56m$27.7M$12.8M5x
ShortExtended BTW-USD0.87410.1800get 0.0225% / 1h56m 25s$42K$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$38.22
Price spread: −0.014% → 0.000%
−$1.44
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$19.78
Costs to cover
0.170%
Break-even
3.4 days
Slippage unknown: Bitget: 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 Bitget live order book, 2 min ago3.72 bp41.1 bp −$41doesn't fitdoesn'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%4h0.8700−0.473%$213K$763K10xas long as short
Gate BTW_USDT+0.0690%4h0.8719−0.257%$3.9M$15.4M10xas long as short
Aster BTWUSDT+0.1479%4h0.8709−0.382%$2.4M$2.6M5xas long as short
KuCoin BTWUSDTM+0.1526%4h0.8722−0.225%$8.0M$4.7M10xas long as short
Bitget BTWUSDTlong+0.1618%4h0.8742long leg$27.7M$12.8M5x
MEXC BTW_USDT+0.1796%4h0.8728−0.159%$11.2M$5.9M20xas long as short
Binance BTWUSDT+0.1800%4h0.8727−0.170%$121.8M$160.8M10xas long as short
Extended BTW-USDshort+0.1800%1h0.8741−0.014%$42K$13K5x
edgeX BTWUSDC+0.1804%4h0.8718−0.275%$359K$495K10xas long as short
BingX BTW-USDT+0.2918%4h0.8728−0.159%$4.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BTWUSDT+0.3195%4h0.8716−0.302%$16.2M$36.5M10xas long as short