Funding spread now, next payment 16:00 UTC−0.1604%/8h
next payment, per $10,000−$8.02paid, last 24h−0.240%paid, last 7 days−0.623%to open and close $10k−$153
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.623% in total (about -32.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTWUSDT | 0.8707 | 0.1810 | pay 0.0905% / 4h | 2h 37m | $122.6M | $92.3M | 10x |
| Short | Bybit BTWUSDT | 0.8699 | 0.0206 | get 0.0103% / 4h | 2h 37m | $16.8M | $21.4M | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$336.88
- Slippage, 4 orders
- −$132.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$490.1
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 2 min ago.
Price risk
price view- Price gap now
- −0.090%
- Avg gap 7d
- −0.092%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 0.61 bp | 22.6 bp −$23 | 81.0 bp −$810 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 8.95 bp | 68.2 bp −$68 | 242.3 bp −$2,423 | doesn't fit | doesn't fit |
BTW on 11 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bitget BTWUSDT | +0.0100% | 4h | $27.3M | $6.6M | 5x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | $221K | $471K | 10x | as long as short |
| Bybit BTWUSDTshort | +0.0206% | 4h | $16.8M | $21.4M | 10x | |
| KuCoin BTWUSDTM | +0.0994% | 4h | $7.9M | $2.4M | 10x | as long as short |
| Aster BTWUSDT | +0.1128% | 4h | $2.4M | $1.0M | 5x | as long as short |
| BingX BTW-USDT | +0.1730% | 4h | — | $3.7M | — | as long as short |
| MEXC BTW_USDT | +0.1806% | 4h | $15.8M | $4.1M | 20x | as long as short |
| Extended BTW-USD | +0.1808% | 1h | $37K | $4K | 5x | as long as short |
| Binance BTWUSDTlong | +0.1810% | 4h | $122.6M | $92.3M | 10x | |
| edgeX BTWUSDC | +0.1822% | 4h | $306K | $410K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.2548% | 4h | $3.7M | $7.3M | 10x | as long as short |
Binance BTWUSDT
Bybit BTWUSDT
Bitget BTWUSDT
HTX BTW-USDT
KuCoin BTWUSDTM
Aster BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
Extended BTW-USD
Gate BTW_USDT