Funding you earn now, next payment 10:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.203%
Price spread now: Extended against Bitget−0.113%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
=Funding pays, the price is against you. Extended is 0.113% cheaper against Bitget than usual: you would sell low and buy high (spread −0.113% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.4 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTWUSDT | 0.8207 | 0.0426 | pay 0.0213% / 4h | 2h 20m | $25.8M | $14.3M | 5x |
| Short | Extended BTW-USD | 0.8198 | 0.0584 | get 0.0073% / 1h | 20m 22s | $35K | $13K | 5x |
Bitget BTWUSDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $33.18
- Price spread: −0.113% → 0.000%
- −$11.35
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $4.83
- Costs to cover
- 0.170%
- Break-even
- 6.0 days
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 5.77 bp | 37.4 bp −$37 | doesn't fit | 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 exchanges
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 | 0.8197 | −0.116% | $15.8M | $38.2M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8197 | −0.122% | $7.2M | $4.5M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8201 | −0.071% | $215K | $705K | 10x | as long as short |
| Gate BTW_USDT | +0.0366% | 4h | 0.8189 | −0.220% | $3.3M | $16.8M | 10x | as long as short |
| Bitget BTWUSDTlong | +0.0426% | 4h | 0.8207 | long leg | $25.8M | $14.3M | 5x | |
| Aster BTWUSDT | +0.0499% | 4h | 0.8204 | −0.035% | $2.3M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0552% | 4h | 0.8205 | −0.023% | — | $3.7M | — | as long as short |
| edgeX BTWUSDC | +0.0577% | 4h | 0.8216 | +0.107% | $357K | $507K | 10x | as long as short |
| MEXC BTW_USDT | +0.0582% | 4h | 0.8203 | −0.047% | $9.1M | $6.3M | 20x | as long as short |
| Binance BTWUSDT | +0.0584% | 4h | 0.8203 | −0.045% | $113.7M | $169.1M | 10x | as long as short |
Bybit BTWUSDT
KuCoin BTWUSDTM
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDT
Binance BTWUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BTW-USDshort | +0.0584% | 1h | 0.8198 | −0.113% | $35K | $13K | 5x |