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

BTW

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Funding spread now, next payment 16:00 UTC+0.1477%/8h
next payment, per $10,000+$7.38paid, last 24h+0.240%paid, last 7 days+0.625%to open and close $10k−$117
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.625% in total (about 32.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BTWUSDT0.89340.0351pay 0.0176% / 4h2h 31m$17.3M$21.0M10x
ShortMEXC BTW_USDT0.89490.1828get 0.0914% / 4h2h 31m$16.3M$4.2M20x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$310.11
Slippage, 4 orders
−$106.26
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
$192.84
Break-even
2.6 days
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.165%
Avg gap 7d
+0.080%
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, 4 min ago5.14 bp45.5 bp −$4694.6 bp −$946doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.13 bp7.6 bp −$846.6 bp −$466257.1 bp −$25.7K821.4 bp −$410.7K

BTW on 11 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX BTW-USDT+0.0070%4h$3.8Mas long as short
Bitget BTWUSDT+0.0100%4h$28.1M$6.6M5xas long as short
HTX BTW-USDT+0.0100%4h$226K$469K10xas long as short
Bybit BTWUSDTlong+0.0351%4h$17.3M$21.0M10x
KuCoin BTWUSDTM+0.0970%4h$8.2M$2.5M10xas long as short
Aster BTWUSDT+0.1259%4h$2.4M$1.1M5xas long as short
Extended BTW-USD+0.1824%1h$38K$4K5xas long as short
Binance BTWUSDT+0.1825%4h$126.4M$92.5M10xas long as short
edgeX BTWUSDC+0.1827%4h$333K$413K10xas long as short
MEXC BTW_USDTshort+0.1828%4h$16.3M$4.2M20x
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate BTW_USDT+0.2992%4h$3.9M$7.5M10xas long as short