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

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.253%
Price spread now: KuCoin against Extended+0.004%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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTW-USD0.80340.1112pay 0.0139% / 1h1m 32s$38K$11K5x
ShortKuCoin BTWUSDTM0.80340.0978get 0.0489% / 4h1m 32s$7.3M$4.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$28.14
Price spread: +0.004% → 0.000%
$0.39
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$44.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago9.23 bp180.9 bp −$181doesn't fitdoesn'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%4h0.8064+0.371%$200K$741K10xas long as short
Gate BTW_USDT+0.0478%4h0.8042+0.096%$3.5M$16.1M10xas long as short
KuCoin BTWUSDTMshort+0.0978%4h0.8034+0.004%$7.3M$4.8M10x
Bybit BTWUSDT+0.1055%4h0.8027−0.085%$15.7M$38.5M10xas long as short
Aster BTWUSDT+0.1075%4h0.8046+0.152%$2.2M$2.9M5xas long as short
Binance BTWUSDT+0.1107%4h0.8032−0.032%$111.9M$167.5M10xas long as short
BingX BTW-USDT+0.1110%4h0.8038+0.048%$4.4Mas long as short
Extended BTW-USDlong+0.1112%1h0.8034long leg$38K$11K5x
Bitget BTWUSDT+0.1112%4h0.8052+0.219%$25.5M$13.4M5xas long as short
MEXC BTW_USDT+0.1114%4h0.8035+0.011%$9.6M$6.2M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BTWUSDC+0.1121%4h0.8040+0.070%$331K$501K10xas long as short