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

BTW

all BTW markets
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Funding spread now, next payment 18:00 UTC+0.0722%/8h
paid, last 24h+0.106%paid, last 5 days−0.157%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 -0.157% in total (about -11.3% 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
LongGate BTW_USDT0.93740.1574pay 0.0787% / 4h2h 33m$4.1M$9.8M10x
ShortExtended BTW-USD0.94210.2296get 0.0287% / 1h33m 13s$44K$9K5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$151.62
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$131.62
Break-even
0.9 days
Slippage unknown: Gate: live order book, 2 min ago; Extended: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.496%
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 Gate live order book, 2 min ago11.14 bp38.3 bp −$3872.4 bp −$724doesn't fitdoesn't fit
Sell Extended no order-book sample
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$234K$586K10xas long as short
BingX BTW-USDT+0.1064%4h$4.1Mas long as short
Bybit BTWUSDT+0.1353%4h$18.8M$24.1M10xas long as short
KuCoin BTWUSDTM+0.1528%4h$9.0M$3.1M10xas long as short
Bitget BTWUSDT+0.1554%4h$30.1M$7.9M5xas long as short
Gate BTW_USDTlong+0.1574%4h$4.1M$9.8M10x
Aster BTWUSDT+0.2126%4h$2.6M$1.7M5xas long as short
Binance BTWUSDT+0.2293%4h$133.7M$107.8M10xas long as short
Extended BTW-USDshort+0.2296%1h$44K$9K5x
MEXC BTW_USDT+0.2296%4h$15.5M$4.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX BTWUSDC+0.2302%4h$350K$447K10xas long as short