Funding you earn now, next payment 04:00 UTC−0.0900%/8h= −98.5% APRpaid last 24h −0.459%
Price spread now: HTX against Extended+0.085%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. HTX is 0.085% dearer against Extended than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTW-USD | 0.8357 | 0.1000 | pay 0.0125% / 1h | 40m 10s | $36K | $15K | 5x |
| Short | HTX BTW-USDT | 0.8364 | 0.0100 | get 0.0050% / 4h | 40m 10s | $215K | $795K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Extended. 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
- −$189
- Price spread: +0.085% → 0.000%
- $8.5
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$197.5
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; HTX: live order book, 19 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 19 min ago | 43.93 bp | 870.9 bp −$871 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.8354 | −0.040% | $3.5M | $17.7M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8348 | −0.109% | $7.4M | $4.9M | 10x | as long as short |
| HTX BTW-USDTshort | +0.0100% | 4h | 0.8364 | +0.085% | $215K | $795K | 10x | |
| Bybit BTWUSDT | +0.0177% | 4h | 0.8369 | +0.151% | $16.2M | $41.6M | 10x | as long as short |
| Bitget BTWUSDT | +0.0638% | 4h | 0.8384 | +0.331% | $26.4M | $15.1M | 5x | as long as short |
| BingX BTW-USDT | +0.0936% | 4h | 0.8380 | +0.277% | — | $4.4M | — | as long as short |
| edgeX BTWUSDC | +0.0986% | 4h | 0.8284 | −0.868% | $341K | $501K | 10x | as long as short |
| MEXC BTW_USDT | +0.0996% | 4h | 0.8368 | +0.133% | $9.6M | $6.4M | 20x | as long as short |
| Binance BTWUSDT | +0.0997% | 4h | 0.8363 | +0.074% | $116.5M | $180.2M | 10x | as long as short |
| Extended BTW-USDlong | +0.1000% | 1h | 0.8357 | long leg | $36K | $15K | 5x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTWUSDT | +0.1000% | 4h | 0.8354 | −0.036% | $2.3M | $3.2M | 5x | as long as short |
Extended BTW-USD
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bybit BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDT
Binance BTWUSDT
Aster BTWUSDT