Funding you earn now, next payment 08:00 UTC+0.0959%/8h= +105.0% APRnext payment +$4.79 per $10,000 · paid last 24h +0.444%
Price spread now: Binance against HTX+0.272%7-day average −0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$867as in the Funding arb table
Net, price: spread back to 7d avg − costs−$975as in the Price arb table
costs, in and out, $10k−$1,02010.196% of the position
Funding, last 7 days+1.523%+$152 on $10k
+Price spread, last 4 days (all we have)−0.737%−$74 · spread now +0.272%, 7d avg −0.175%
=Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Binance is 0.448% dearer against HTX than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of −0.175%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BTW-USDT | 0.8248 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $213K | $778K | 10x |
| Short | Binance BTWUSDT | 0.8270 | 0.1059 | get 0.0529% / 4h | 2h 40m | $115.3M | $180.8M | 10x |
HTX BTW-USDT
Binance BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $201.36
- Price spread: +0.272% → −0.175%
- $44.77
- Slippage, 4 orders
- −$997.61
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$773.48
- Costs to cover
- 10.196%
- Break-even
- 33.9 days
Slippage from HTX: live order book, 8 min ago; Binance: live order book, 3 min ago.
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 HTX live order book, 8 min ago | 28.23 bp | 658.7 bp −$659 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.61 bp | 26.4 bp −$26 | 141.1 bp −$1,411 | doesn't fit | doesn't fit |
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-USDTlong | +0.0100% | 4h | 0.8248 | long leg | $213K | $778K | 10x | |
| KuCoin BTWUSDTM | +0.0210% | 4h | 0.8267 | +0.227% | $7.4M | $4.9M | 10x | as long as short |
| Bitget BTWUSDT | +0.0712% | 4h | 0.8277 | +0.352% | $26.0M | $15.1M | 5x | as long as short |
| Aster BTWUSDT | +0.0771% | 4h | 0.8273 | +0.303% | $2.3M | $3.2M | 5x | as long as short |
| Bybit BTWUSDT | +0.0783% | 4h | 0.8270 | +0.266% | $15.9M | $41.4M | 10x | as long as short |
| BingX BTW-USDT | +0.0992% | 4h | 0.8271 | +0.281% | — | $4.4M | — | as long as short |
| Extended BTW-USD | +0.1040% | 1h | 0.8270 | +0.266% | $36K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.1042% | 4h | 0.8274 | +0.317% | $9.4M | $6.5M | 20x | as long as short |
| edgeX BTWUSDC | +0.1042% | 4h | 0.8240 | −0.090% | $340K | $501K | 10x | as long as short |
| Binance BTWUSDTshort | +0.1059% | 4h | 0.8270 | +0.272% | $115.3M | $180.8M | 10x |
KuCoin BTWUSDTM
Bitget BTWUSDT
Aster BTWUSDT
Bybit BTWUSDT
BingX BTW-USDT
Extended BTW-USD
MEXC BTW_USDT
edgeX BTWUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1618% | 4h | 0.8264 | +0.195% | $3.4M | $17.8M | 10x | as long as short |
Gate BTW_USDT