Funding you earn now, next payment 21:00 UTC−0.0944%/8h= −103.4% APRpaid last 24h −0.212%
Price spread now: KuCoin against Extended−0.084%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and KuCoin is 0.084% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTW-USD | 0.9697 | 0.2288 | pay 0.0286% / 1h | 31m 50s | $46K | $10K | 5x |
| Short | KuCoin BTWUSDTM | 0.9689 | 0.1344 | get 0.0672% / 4h | 3h 31m | $9.1M | $3.4M | 10x |
Extended BTW-USD
KuCoin BTWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$198.24
- Price spread: −0.084% → 0.000%
- −$8.39
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$223.63
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 8.06 bp | 165.4 bp −$165 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.9707 | +0.105% | $241K | $601K | 10x | as long as short |
| KuCoin BTWUSDTMshort | +0.1344% | 4h | 0.9689 | −0.084% | $9.1M | $3.4M | 10x | |
| BingX BTW-USDT | +0.1366% | 4h | 0.9695 | −0.019% | — | $4.2M | — | as long as short |
| Gate BTW_USDT | +0.1832% | 4h | 0.9669 | −0.284% | $4.3M | $10.9M | 10x | as long as short |
| Aster BTWUSDT | +0.1870% | 4h | 0.9681 | −0.162% | $2.8M | $2.1M | 5x | as long as short |
| Bitget BTWUSDT | +0.1968% | 4h | 0.9721 | +0.252% | $31.1M | $8.4M | 5x | as long as short |
| edgeX BTWUSDC | +0.2281% | 4h | 0.9720 | +0.239% | $361K | $446K | 10x | as long as short |
| Extended BTW-USDlong | +0.2288% | 1h | 0.9697 | long leg | $46K | $10K | 5x | |
| Binance BTWUSDT | +0.2290% | 4h | 0.9695 | −0.019% | $138.0M | $116.9M | 10x | as long as short |
| MEXC BTW_USDT | +0.2292% | 4h | 0.9694 | −0.029% | $15.4M | $5.0M | 20x | as long as short |
HTX BTW-USDT
BingX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
Bitget BTWUSDT
edgeX BTWUSDC
Binance BTWUSDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3746% | 4h | 0.9680 | −0.171% | $19.3M | $26.5M | 10x | as long as short |
Bybit BTWUSDT