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

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Extended against MEXC−0.034%7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.034% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTW_USDT0.86460.1814pay 0.0907% / 4h2h 02m$11.2M$6.1M20x
ShortExtended BTW-USD0.86430.1816get 0.0227% / 1h2m 17s$41K$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
$0.42
Price spread: −0.034% → 0.000%
−$3.36
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$7.94
Costs to cover
0.050%
Break-even
139.4 days
Slippage unknown: MEXC: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago0.57 bp13.6 bp −$1439.0 bp −$390221.1 bp −$22.1K628.4 bp −$314.2K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BTW-USDT+0.0100%4h0.8642−0.040%$212K$766K10xas long as short
Gate BTW_USDT+0.0580%4h0.8640−0.071%$3.8M$15.6M10xas long as short
KuCoin BTWUSDTM+0.1498%4h0.8667+0.238%$8.0M$4.7M10xas long as short
Aster BTWUSDT+0.1501%4h0.8672+0.306%$2.4M$2.6M5xas long as short
Bitget BTWUSDT+0.1618%4h0.8655+0.101%$27.4M$12.8M5xas long as short
edgeX BTWUSDC+0.1810%4h0.8707+0.706%$359K$497K10xas long as short
MEXC BTW_USDTlong+0.1814%4h0.8646long leg$11.2M$6.1M20x
Binance BTWUSDT+0.1815%4h0.8641−0.058%$120.6M$160.6M10xas long as short
Extended BTW-USDshort+0.1816%1h0.8643−0.034%$41K$13K5x
BingX BTW-USDT+0.2877%4h0.8640−0.069%$4.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BTWUSDT+0.3115%4h0.8627−0.217%$16.0M$36.5M10xas long as short