Funding you earn now, next payment 00:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.012%
Price spread now: edgeX against Extended−0.748%93s7-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 · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.748% cheaper against Extended than usual: you would sell low and buy high (spread −0.748% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$75 on $10k: about 2 months of funding at the current rate (+$1 a day). The two prices were read 93 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 | Extended BTW-USD | 0.8158 | 0.1472 | pay 0.0184% / 1h | 58m 01s | $39K | $11K | 5x |
| Short | edgeX BTWUSDC | 0.8097 | 0.1509 | get 0.0754% / 4h | 58m 01s | $334K | $500K | 10x |
Extended BTW-USD
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $7.76
- Price spread: −0.748% → 0.000%
- −$74.77
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$81.02
- Costs to cover
- 0.140%
- Break-even
- 80.1 days
Slippage unknown: Extended: no order-book sample; edgeX: live order book, 61 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 edgeX live order book, 61 min ago | 1.95 bp | 9.8 bp −$10 | doesn't fit | 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 | 0.8144 | −0.181% | $200K | $759K | 10x | as long as short |
| Gate BTW_USDT | +0.0614% | 4h | 0.8129 | −0.362% | $3.6M | $15.7M | 10x | as long as short |
| Aster BTWUSDT | +0.1235% | 4h | 0.8131 | −0.335% | $2.2M | $2.8M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1372% | 4h | 0.8145 | −0.166% | $7.5M | $4.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.1430% | 4h | 0.8218 | +0.736% | $26.0M | $13.3M | 5x | as long as short |
| Extended BTW-USDlong | +0.1472% | 1h | 0.8158 | long leg | $39K | $11K | 5x | |
| MEXC BTW_USDT | +0.1474% | 4h | 0.8205 | +0.573% | $9.9M | $6.1M | 20x | as long as short |
| Binance BTWUSDT | +0.1475% | 4h | 0.8139 | −0.235% | $113.4M | $166.6M | 10x | as long as short |
| edgeX BTWUSDCshort | +0.1509% | 4h | 0.8097 | −0.748% | $334K | $500K | 10x | |
| BingX BTW-USDT | +0.2020% | 4h | 0.8137 | −0.260% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
MEXC BTW_USDT
Binance BTWUSDT
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2051% | 4h | 0.8169 | +0.127% | $15.8M | $38.2M | 10x | as long as short |
Bybit BTWUSDT