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

BTW

all BTW markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.1028%/8h
next payment, per $10,000+$5.14paid, last 24h+0.171%paid, last 7 days+0.483%to open and close $10k−$243
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.483% in total (about 25.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BTWUSDTM0.91730.0792pay 0.0396% / 4h35m 13s$8.5M$2.8M10x
ShortedgeX BTWUSDC0.91720.1820get 0.0910% / 4h35m 13s$342K$430K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$215.93
Slippage, 4 orders
−$222.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$27.14
Break-even
7.9 days
Slippage from KuCoin: live order book, 9 min ago; edgeX: live order book, 15 min ago.

Price risk

price view
Price gap now
−0.020%
Avg gap 7d
+0.115%
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 KuCoin live order book, 9 min ago10.10 bp80.5 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago3.05 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit

BTW on 11 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX BTW-USDT+0.0100%4h$230K$562K10xas long as short
BingX BTW-USDT+0.0344%4h$3.9Mas long as short
Bitget BTWUSDT+0.0508%4h$29.0M$7.6M5xas long as short
KuCoin BTWUSDTMlong+0.0792%4h$8.5M$2.8M10x
Bybit BTWUSDT+0.1300%4h$17.8M$22.8M10xas long as short
Gate BTW_USDT+0.1490%4h$4.1M$9.0M10xas long as short
Aster BTWUSDT+0.1523%4h$2.6M$1.4M5xas long as short
Binance BTWUSDT+0.1814%4h$129.4M$101.5M10xas long as short
Extended BTW-USD+0.1816%1h$43K$9K5xas long as short
MEXC BTW_USDT+0.1816%4h$15.6M$4.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX BTWUSDCshort+0.1820%4h$342K$430K10x