Funding you earn now, next payment 09:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.157%
Price spread now: Extended against BingX−0.016%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.8132 | 0.0876 | pay 0.0438% / 4h | 3h 44m | — | $4.0M | — |
| Short | Extended BTW-USD | 0.8131 | 0.0936 | get 0.0117% / 1h | 44m 59s | $35K | $15K | 5x |
BingX BTW-USDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- $12.6
- Price spread: −0.016% → 0.000%
- −$1.6
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$4
- Costs to cover
- 0.150%
- Break-even
- 9.2 days
Slippage unknown: BingX: live order book, 5 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 BingX live order book, 5 min ago | 4.91 bp | 26.2 bp −$26 | 101.7 bp −$1,017 | 755.9 bp −$75.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.0100% | 4h | 0.8129 | −0.042% | $15.7M | $39.8M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8127 | −0.066% | $7.2M | $4.7M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8170 | +0.467% | $214K | $732K | 10x | as long as short |
| Gate BTW_USDT | +0.0342% | 4h | 0.8135 | +0.036% | $3.3M | $17.2M | 10x | as long as short |
| Bitget BTWUSDT | +0.0620% | 4h | 0.8142 | +0.123% | $25.6M | $14.7M | 5x | as long as short |
| BingX BTW-USDTlong | +0.0876% | 4h | 0.8132 | long leg | — | $4.0M | — | |
| Aster BTWUSDT | +0.0907% | 4h | 0.8144 | +0.144% | $2.3M | $3.3M | 5x | as long as short |
| edgeX BTWUSDC | +0.0927% | 4h | 0.8139 | +0.089% | $354K | $510K | 10x | as long as short |
| MEXC BTW_USDT | +0.0932% | 4h | 0.8135 | +0.037% | $9.0M | $6.3M | 20x | as long as short |
| Binance BTWUSDT | +0.0933% | 4h | 0.8134 | +0.025% | $113.0M | $174.2M | 10x | as long as short |
Bybit BTWUSDT
KuCoin BTWUSDTM
HTX BTW-USDT
Gate BTW_USDT
Bitget BTWUSDT
Aster BTWUSDT
edgeX BTWUSDC
MEXC BTW_USDT
Binance BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BTW-USDshort | +0.0936% | 1h | 0.8131 | −0.016% | $35K | $15K | 5x |