Funding you earn now, next payment 22:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.002%
Price spread now: Extended against edgeX+4.681%53s7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropedgeX: Active · Extended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 4.681% dearer against edgeX than usual: you sell high and buy low (spread +4.681% now, against zero (this spread has no 7-day history yet)): +$468 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about years. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTWUSDC | 0.8631 | 0.1888 | pay 0.0944% / 4h | 2h 48m | $356K | $486K | 10x |
| Short | Extended BTW-USD | 0.9035 | 0.1872 | get 0.0234% / 1h | 48m 31s | $43K | $13K | 5x |
edgeX BTWUSDC
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against edgeX. 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
- −$3.42
- Price spread: +4.681% → 0.000%
- $468.06
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $450.64
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 15 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 edgeX live order book, 15 min ago | 28.78 bp | 40.3 bp −$40 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.9003 | +4.304% | $217K | $763K | 10x | as long as short |
| Gate BTW_USDT | +0.0464% | 4h | 0.9050 | +4.852% | $4.0M | $14.8M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1370% | 4h | 0.9016 | +4.458% | $8.2M | $4.5M | 10x | as long as short |
| Aster BTWUSDT | +0.1468% | 4h | 0.9049 | +4.843% | $2.5M | $2.6M | 5x | as long as short |
| Bybit BTWUSDT | +0.1528% | 4h | 0.8986 | +4.115% | $17.6M | $34.5M | 10x | as long as short |
| Bitget BTWUSDT | +0.1610% | 4h | 0.9034 | +4.661% | $28.6M | $12.5M | 5x | as long as short |
| BingX BTW-USDT | +0.1794% | 4h | 0.9026 | +4.574% | — | $4.4M | — | as long as short |
| MEXC BTW_USDT | +0.1870% | 4h | 0.9066 | +5.037% | $12.3M | $5.8M | 20x | as long as short |
| Extended BTW-USDshort | +0.1872% | 1h | 0.9035 | +4.681% | $43K | $13K | 5x | |
| edgeX BTWUSDClong | +0.1888% | 4h | 0.8631 | long leg | $356K | $486K | 10x |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bybit BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BTWUSDT | +0.1893% | 4h | 0.9017 | +4.469% | $126.2M | $154.5M | 10x | as long as short |
Binance BTWUSDT