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

BTW

all BTW markets
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Funding spread now, next payment 16:00 UTC−0.1520%/8h
paid, last 24h−0.030%paid, last 5 days−0.265%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 -0.265% in total (about -19.5% 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
LongExtended BTW-USD0.92020.1768pay 0.0221% / 1h55m 13s$43K$9K5x
ShortBingX BTW-USDT0.91970.0248get 0.0124% / 4h55m 13s$3.9M

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$319.2
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$334.2
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; BingX: live order book, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.049%
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 Extended no order-book sample
Sell BingX live order book, 1 min ago3.84 bp21.1 bp −$2172.3 bp −$723553.8 bp −$55.4Kdoesn't fit
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$232K$535K10xas long as short
BingX BTW-USDTshort+0.0248%4h$3.9M
Bitget BTWUSDT+0.0386%4h$29.1M$7.4M5xas long as short
KuCoin BTWUSDTM+0.0802%4h$8.4M$2.7M10xas long as short
Bybit BTWUSDT+0.1286%4h$17.7M$22.6M10xas long as short
Gate BTW_USDT+0.1690%4h$4.0M$8.8M10xas long as short
edgeX BTWUSDC+0.1716%4h$345K$420K10xas long as short
Aster BTWUSDT+0.1728%4h$2.6M$1.4M5xas long as short
MEXC BTW_USDT+0.1746%4h$15.8M$4.2M20xas long as short
Extended BTW-USDlong+0.1768%1h$43K$9K5x
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance BTWUSDT+0.1768%4h$129.7M$100.0M10xas long as short