Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.303%
Price spread now: Gate against HTX−0.537%7-day average −0.339% · you buy dearer than you sell
Net, funding: paid 7d − costs−$456as in the Funding arb table
Net, price: spread back to 7d avg − costs−$590as in the Price arb table
costs, in and out, $10k−$5705.699% of the position
Funding, last 7 days+1.142%+$114 on $10k
+Price spread, last 4 days (all we have)−0.495%−$49 · spread now −0.537%, 7d avg −0.339%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.198% cheaper against HTX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.339%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BTW-USDT | 0.7265 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $186K | $793K | 10x |
| Short | Gate BTW_USDT | 0.7226 | 0.0100 | get 0.0050% / 4h | 1h 45m | $3.0M | $16.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.537% → −0.339%
- −$19.84
- Slippage, 4 orders
- −$542.87
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$589.71
- Costs to cover
- 5.699%
- Break-even
- never at this rate
Slippage from HTX: live order book, 18 min ago; Gate: 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, 18 min ago | 56.98 bp | 169.5 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 12.26 bp | 48.3 bp −$48 | 87.5 bp −$875 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDTshort | +0.0100% | 4h | 0.7226 | −0.537% | $3.0M | $16.6M | 10x | |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.7227 | −0.536% | $6.5M | $4.8M | 10x | as long as short |
| HTX BTW-USDTlong | +0.0100% | 4h | 0.7265 | long leg | $186K | $793K | 10x | |
| Bitget BTWUSDT | +0.0532% | 4h | 0.7248 | −0.243% | $22.8M | $13.9M | 5x | as long as short |
| Bybit BTWUSDT | +0.0577% | 4h | 0.7228 | −0.510% | $14.1M | $40.2M | 10x | as long as short |
| Aster BTWUSDT | +0.0621% | 4h | 0.7245 | −0.283% | $2.0M | $3.1M | 5x | as long as short |
| BingX BTW-USDT | +0.0774% | 4h | 0.7246 | −0.268% | — | $4.3M | — | as long as short |
| Extended BTW-USD | +0.0792% | 1h | 0.7235 | −0.422% | $31K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.0792% | 4h | 0.7237 | −0.396% | $100.7M | $172.7M | 10x | as long as short |
| MEXC BTW_USDT | +0.0798% | 4h | 0.7235 | −0.419% | $8.5M | $6.3M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0806% | 4h | 0.7217 | −0.674% | $297K | $502K | 10x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Bybit BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
Extended BTW-USD
Binance BTWUSDT
MEXC BTW_USDT
edgeX BTWUSDC