data as of
Settings8H · net · $10k
Funding arb /

BTW

all BTW markets
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Funding spread now, next payment 16:00 UTC+0.0565%/8h
paid, last 24h+0.269%paid, last 5 days+0.179%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.179% in total (about 13.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BTWUSDT0.91050.1243pay 0.0622% / 4h46m 52s$17.6M$22.7M10x
ShortExtended BTW-USD0.91140.1808get 0.0226% / 1h46m 52s$43K$9K5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$118.6
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$102.6
Break-even
0.9 days
Slippage unknown: Bybit: live order book, 3 min ago; Extended: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.108%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago6.93 bp45.2 bp −$45204.2 bp −$2,042doesn't fitdoesn'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.
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX BTW-USDT+0.0100%4h$229K$538K10xas long as short
BingX BTW-USDT+0.0308%4h$3.9Mas long as short
Bitget BTWUSDT+0.0450%4h$28.9M$7.5M5xas long as short
KuCoin BTWUSDTM+0.0766%4h$8.4M$2.7M10xas long as short
Bybit BTWUSDTlong+0.1243%4h$17.6M$22.7M10x
Aster BTWUSDT+0.1473%4h$2.5M$1.4M5xas long as short
Gate BTW_USDT+0.1620%4h$4.0M$8.9M10xas long as short
edgeX BTWUSDC+0.1799%4h$339K$431K10xas long as short
Binance BTWUSDT+0.1806%4h$128.8M$100.6M10xas long as short
Extended BTW-USDshort+0.1808%1h$43K$9K5x
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC BTW_USDT+0.1808%4h$15.5M$4.3M20xas long as short