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

BTW

all BTW markets
SwapBacktest
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: Bitget against Extended+0.014%7-day average · you sell dearer than you buy
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
LongExtended BTW-USD0.87410.1800pay 0.0225% / 1h56m 23s$42K$13K5x
ShortBitget BTWUSDT0.87420.1618get 0.0809% / 4h1h 56m$27.7M$12.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$38.22
Price spread: +0.014% → 0.000%
$1.44
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$53.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Bitget live order book, 2 min ago3.72 bp33.4 bp −$33148.1 bp −$1,481doesn't fitdoesn'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%4h0.8700−0.459%$213K$763K10xas long as short
Gate BTW_USDT+0.0690%4h0.8719−0.243%$3.9M$15.4M10xas long as short
Aster BTWUSDT+0.1479%4h0.8709−0.368%$2.4M$2.6M5xas long as short
KuCoin BTWUSDTM+0.1526%4h0.8722−0.210%$8.0M$4.7M10xas long as short
Bitget BTWUSDTshort+0.1618%4h0.8742+0.014%$27.7M$12.8M5x
MEXC BTW_USDT+0.1796%4h0.8728−0.144%$11.2M$5.9M20xas long as short
Binance BTWUSDT+0.1800%4h0.8727−0.156%$121.8M$160.8M10xas long as short
Extended BTW-USDlong+0.1800%1h0.8741long leg$42K$13K5x
edgeX BTWUSDC+0.1804%4h0.8718−0.261%$359K$495K10xas long as short
BingX BTW-USDT+0.2918%4h0.8728−0.144%$4.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BTWUSDT+0.3195%4h0.8716−0.287%$16.2M$36.5M10xas long as short