Settings8H · net · $10k
Funding arb · Price arb /

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.010%
Price spread now: edgeX against Extended−2.316%93s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · edgeX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 2.316% cheaper against Extended than usual: you would sell low and buy high, −$232 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTW-USD0.85030.1072pay 0.0134% / 1h27m 58s$37K$15K5x
ShortedgeX BTWUSDC0.83060.1073get 0.0536% / 4h2h 27m$342K$503K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.15
Price spread: −2.316% → 0.000%
−$231.64
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$245.49
Costs to cover
0.140%
Break-even
11372.3 days
Slippage unknown: Extended: no order-book sample; edgeX: live order book, 61 min ago. Net counts fees only.

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 edgeX live order book, 61 min ago3.18 bp11.4 bp −$11doesn't fitdoesn't fitdoesn'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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BTW-USDT+0.0100%4h0.8554+0.605%$221K$774K10xas long as short
KuCoin BTWUSDTM+0.0242%4h0.8504+0.008%$7.6M$4.9M10xas long as short
Bybit BTWUSDT+0.0663%4h0.8498−0.064%$16.1M$41.7M10xas long as short
Bitget BTWUSDT+0.0724%4h0.8481−0.256%$26.6M$15.2M5xas long as short
Aster BTWUSDT+0.0779%4h0.8504+0.008%$2.3M$3.2M5xas long as short
BingX BTW-USDT+0.1021%4h0.8467−0.423%$4.3Mas long as short
Binance BTWUSDT+0.1070%4h0.8474−0.338%$118.1M$180.9M10xas long as short
Extended BTW-USDlong+0.1072%1h0.8503long leg$37K$15K5x
edgeX BTWUSDCshort+0.1073%4h0.8306−2.316%$342K$503K10x
MEXC BTW_USDT+0.1074%4h0.8483−0.235%$9.6M$6.5M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BTW_USDT+0.1622%4h0.8515+0.142%$3.5M$17.9M10xas long as short