Funding you earn now, next payment 03:00 UTC+0.0680%/8h= +74.5% APRpaid last 24h +0.155%
Price spread now: Extended against Gate−0.786%7-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
=Funding pays, the price is against you. Extended is 0.786% cheaper against Gate than usual: you would sell low and buy high (spread −0.786% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$79 on $10k: about 3.9 days of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BTW_USDT | 0.7705 | 0.0208 | pay 0.0104% / 4h | 1h 18m | $3.2M | $17.1M | 10x |
| Short | Extended BTW-USD | 0.7645 | 0.0888 | get 0.0111% / 1h | 18m 20s | $33K | $15K | 5x |
Gate BTW_USDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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
- $142.8
- Price spread: −0.786% → 0.000%
- −$78.63
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $44.17
- Costs to cover
- 0.200%
- Break-even
- 4.8 days
Slippage unknown: Gate: live order book, 5 min ago; Extended: no order-book sample. 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 Gate live order book, 5 min ago | 7.45 bp | 41.4 bp −$41 | 149.5 bp −$1,495 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.7661 | −0.569% | $6.9M | $4.8M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7648 | −0.738% | $196K | $794K | 10x | as long as short |
| Bybit BTWUSDT | +0.0146% | 4h | 0.7646 | −0.762% | $14.8M | $40.8M | 10x | as long as short |
| Gate BTW_USDTlong | +0.0208% | 4h | 0.7705 | long leg | $3.2M | $17.1M | 10x | |
| Bitget BTWUSDT | +0.0598% | 4h | 0.7657 | −0.621% | $24.1M | $14.4M | 5x | as long as short |
| BingX BTW-USDT | +0.0758% | 4h | 0.7681 | −0.313% | — | $4.4M | — | as long as short |
| edgeX BTWUSDC | +0.0820% | 4h | 0.8123 | +5.426% | $335K | $501K | 10x | as long as short |
| MEXC BTW_USDT | +0.0882% | 4h | 0.7666 | −0.508% | $8.8M | $6.4M | 20x | as long as short |
| Extended BTW-USDshort | +0.0888% | 1h | 0.7645 | −0.786% | $33K | $15K | 5x | |
| Binance BTWUSDT | +0.0889% | 4h | 0.7650 | −0.710% | $106.5M | $175.8M | 10x | as long as short |
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDT
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTWUSDT | +0.0967% | 4h | 0.7657 | −0.629% | $2.1M | $3.1M | 5x | as long as short |
Aster BTWUSDT