Funding you earn now, next payment 07:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.004%
Price spread now: Extended against Binance−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTWUSDT | 0.7978 | 0.0927 | pay 0.0463% / 4h | 1h 05m | $110.8M | $178.6M | 10x |
| Short | Extended BTW-USD | 0.7976 | 0.0928 | get 0.0116% / 1h | 5m 19s | $34K | $15K | 5x |
Binance BTWUSDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.27
- Price spread: −0.020% → 0.000%
- −$1.95
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$16.68
- Costs to cover
- 0.150%
- Break-even
- 434.6 days
Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago | 0.62 bp | 25.8 bp −$26 | 190.9 bp −$1,909 | 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 | 0.7974 | −0.052% | $7.1M | $4.8M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8016 | +0.476% | $208K | $751K | 10x | as long as short |
| Bybit BTWUSDT | +0.0522% | 4h | 0.7964 | −0.179% | $15.4M | $41.3M | 10x | as long as short |
| Bitget BTWUSDT | +0.0782% | 4h | 0.7990 | +0.150% | $25.1M | $15.1M | 5x | as long as short |
| Aster BTWUSDT | +0.0786% | 4h | 0.7974 | −0.045% | $2.2M | $3.3M | 5x | as long as short |
| Gate BTW_USDT | +0.0788% | 4h | 0.7961 | −0.208% | $3.3M | $17.9M | 10x | as long as short |
| BingX BTW-USDT | +0.0900% | 4h | 0.7983 | +0.063% | — | $4.2M | — | as long as short |
| MEXC BTW_USDT | +0.0926% | 4h | 0.7982 | +0.050% | $8.9M | $6.5M | 20x | as long as short |
| Binance BTWUSDTlong | +0.0927% | 4h | 0.7978 | long leg | $110.8M | $178.6M | 10x | |
| Extended BTW-USDshort | +0.0928% | 1h | 0.7976 | −0.020% | $34K | $15K | 5x |
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
Gate BTW_USDT
BingX BTW-USDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0930% | 4h | 0.8009 | +0.383% | $348K | $511K | 10x | as long as short |
edgeX BTWUSDC