Funding you earn now, next payment 22:00 UTC−0.0418%/8h= −45.8% APRpaid last 24h −0.218%
Price spread now: Aster against Extended−0.160%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
=Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.160% cheaper against Extended than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTW-USD | 0.9010 | 0.1872 | pay 0.0234% / 1h | 41m 07s | $43K | $13K | 5x |
| Short | Aster BTWUSDT | 0.8995 | 0.1454 | get 0.0727% / 4h | 2h 41m | $2.5M | $2.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$87.78
- Price spread: −0.160% → 0.000%
- −$15.96
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$116.74
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Aster: live order book, 2 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 2 min ago | 7.71 bp | 32.7 bp −$33 | 695.2 bp −$6,952 | doesn't fit | doesn't fit |
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 | 0.8951 | −0.647% | $219K | $763K | 10x | as long as short |
| Gate BTW_USDT | +0.0188% | 4h | 0.8974 | −0.397% | $3.9M | $14.9M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1394% | 4h | 0.8974 | −0.394% | $8.3M | $4.6M | 10x | as long as short |
| Aster BTWUSDTshort | +0.1454% | 4h | 0.8995 | −0.160% | $2.5M | $2.6M | 5x | |
| Bitget BTWUSDT | +0.1622% | 4h | 0.9010 | 0.000% | $28.5M | $12.6M | 5x | as long as short |
| BingX BTW-USDT | +0.1780% | 4h | 0.8994 | −0.173% | — | $4.4M | — | as long as short |
| Bybit BTWUSDT | +0.1828% | 4h | 0.8989 | −0.233% | $17.5M | $34.8M | 10x | as long as short |
| MEXC BTW_USDT | +0.1870% | 4h | 0.8997 | −0.140% | $12.0M | $5.9M | 20x | as long as short |
| Extended BTW-USDlong | +0.1872% | 1h | 0.9010 | long leg | $43K | $13K | 5x | |
| Binance BTWUSDT | +0.1873% | 4h | 0.8994 | −0.173% | $125.9M | $155.8M | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.1888% | 4h | 0.9010 | +0.008% | $371K | $488K | 10x | as long as short |
Extended BTW-USD
Aster BTWUSDT
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
BingX BTW-USDT
Bybit BTWUSDT
MEXC BTW_USDT
Binance BTWUSDT
edgeX BTWUSDC