Funding you earn now, next payment 06:00 UTC−0.0908%/8h= −99.4% APRpaid last 24h −0.459%
Price spread now: HTX against Extended+0.422%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. HTX is 0.422% dearer against Extended than usual: you sell high and buy low (spread +0.422% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTW-USD | 0.8148 | 0.1008 | pay 0.0126% / 1h | 55m 05s | $35K | $15K | 5x |
| Short | HTX BTW-USDT | 0.8182 | 0.0100 | get 0.0050% / 4h | 2h 55m | $210K | $793K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$190.68
- Price spread: +0.422% → 0.000%
- $42.23
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$165.45
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; HTX: live order book, 59 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 HTX live order book, 59 min ago | 32.21 bp | 287.6 bp −$288 | 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-USDTshort | +0.0100% | 4h | 0.8182 | +0.422% | $210K | $793K | 10x | |
| KuCoin BTWUSDTM | +0.0160% | 4h | 0.8151 | +0.036% | $7.2M | $4.9M | 10x | as long as short |
| Bybit BTWUSDT | +0.0663% | 4h | 0.8148 | −0.001% | $15.8M | $41.4M | 10x | as long as short |
| Bitget BTWUSDT | +0.0694% | 4h | 0.8174 | +0.320% | $25.7M | $15.2M | 5x | as long as short |
| Aster BTWUSDT | +0.0709% | 4h | 0.8148 | +0.003% | $2.2M | $3.2M | 5x | as long as short |
| BingX BTW-USDT | +0.0970% | 4h | 0.8169 | +0.257% | — | $4.4M | — | as long as short |
| Binance BTWUSDT | +0.1007% | 4h | 0.8160 | +0.148% | $113.7M | $181.1M | 10x | as long as short |
| Extended BTW-USDlong | +0.1008% | 1h | 0.8148 | long leg | $35K | $15K | 5x | |
| MEXC BTW_USDT | +0.1010% | 4h | 0.8157 | +0.110% | $9.3M | $6.4M | 20x | as long as short |
| edgeX BTWUSDC | +0.1022% | 4h | 0.8181 | +0.408% | $337K | $501K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1300% | 4h | 0.8139 | −0.106% | $3.4M | $17.8M | 10x | as long as short |
Extended BTW-USD
HTX BTW-USDT
KuCoin BTWUSDTM
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
Binance BTWUSDT
MEXC BTW_USDT
edgeX BTWUSDC
Gate BTW_USDT