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

BTW

all BTW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h −0.133%
Price spread now: BingX against Extended−0.011%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: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTW-USD0.84370.1928pay 0.0241% / 1h57m 37s$40K$13K5x
ShortBingX BTW-USDT0.84360.2158get 0.1079% / 4h2h 57m$4.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$48.3
Price spread: −0.011% → 0.000%
−$1.07
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
$32.23
Costs to cover
0.150%
Break-even
2.3 days
Slippage unknown: Extended: no order-book sample; BingX: live order book, 8 min ago. 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 Extended no order-book sample
Sell BingX live order book, 8 min ago8.46 bp26.5 bp −$27145.8 bp −$1,458714.4 bp −$71.4Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BTW-USDT+0.0100%4h0.8500+0.748%$208K$758K10xas long as short
Gate BTW_USDT+0.1068%4h0.8435−0.022%$3.8M$14.2M10xas long as short
Aster BTWUSDT+0.1269%4h0.8464+0.320%$2.3M$2.5M5xas long as short
KuCoin BTWUSDTM+0.1454%4h0.8429−0.089%$7.7M$4.4M10xas long as short
Bitget BTWUSDT+0.1658%4h0.8443+0.067%$26.7M$12.0M5xas long as short
Extended BTW-USDlong+0.1928%1h0.8437long leg$40K$13K5x
MEXC BTW_USDT+0.1928%4h0.8470+0.392%$11.6M$5.7M20xas long as short
Binance BTWUSDT+0.1929%4h0.8439+0.024%$118.3M$150.3M10xas long as short
edgeX BTWUSDC+0.1947%4h0.8320−1.383%$343K$484K10xas long as short
Bybit BTWUSDT+0.2153%4h0.8430−0.079%$17.0M$33.3M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BTW-USDTshort+0.2158%4h0.8436−0.011%$4.3M