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

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.008%
Price spread now: MEXC against Extended+0.001%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: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTW-USD0.78950.1008pay 0.0126% / 1h14m 45s$34K$15K5x
ShortMEXC BTW_USDT0.78950.1020get 0.0510% / 4h3h 14m$9.4M$6.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$2.52
Price spread: +0.001% → 0.000%
$0.06
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$2.42
Costs to cover
0.050%
Break-even
13.7 days
Slippage unknown: Extended: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago0.64 bp10.5 bp −$1043.7 bp −$437222.5 bp −$22.3K729.1 bp −$364.5K
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%4h0.7871−0.300%$196K$742K10xas long as short
Gate BTW_USDT+0.0682%4h0.7879−0.208%$3.3M$16.2M10xas long as short
KuCoin BTWUSDTM+0.0692%4h0.7884−0.133%$7.2M$4.7M10xas long as short
Bybit BTWUSDT+0.0902%4h0.7890−0.065%$15.2M$38.9M10xas long as short
Bitget BTWUSDT+0.0910%4h0.7912+0.220%$24.9M$13.6M5xas long as short
Aster BTWUSDT+0.0921%4h0.7894−0.017%$2.2M$2.9M5xas long as short
BingX BTW-USDT+0.0976%4h0.7899+0.051%$4.3Mas long as short
Extended BTW-USDlong+0.1008%1h0.7895long leg$34K$15K5x
Binance BTWUSDT+0.1012%4h0.7901+0.077%$110.0M$168.8M10xas long as short
MEXC BTW_USDTshort+0.1020%4h0.7895+0.001%$9.4M$6.2M20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BTWUSDC+0.1032%4h0.7837−0.728%$323K$501K10xas long as short