Funding you earn now, next payment 02:00 UTC+0.0656%/8h= +71.8% APRpaid last 24h +0.228%
Price spread now: Extended against KuCoin+0.123%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
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Extended is 0.123% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.7582 | 0.0224 | pay 0.0112% / 4h | 2h 15m | $6.9M | $4.8M | 10x |
| Short | Extended BTW-USD | 0.7591 | 0.0880 | get 0.0110% / 1h | 15m 08s | $33K | $15K | 5x |
KuCoin BTWUSDTM
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- $137.76
- Price spread: +0.123% → 0.000%
- $12.33
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $133.09
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: KuCoin: live order book, 3 min ago; Extended: no order-book sample. 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 KuCoin live order book, 3 min ago | 19.17 bp | 92.0 bp −$92 | doesn't fit | doesn't fit | doesn'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: 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 | 0.7600 | +0.235% | $3.2M | $16.4M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7616 | +0.452% | $188K | $743K | 10x | as long as short |
| KuCoin BTWUSDTMlong | +0.0224% | 4h | 0.7582 | long leg | $6.9M | $4.8M | 10x | |
| Bitget BTWUSDT | +0.0612% | 4h | 0.7599 | +0.231% | $23.9M | $13.7M | 5x | as long as short |
| Bybit BTWUSDT | +0.0702% | 4h | 0.7579 | −0.037% | $14.4M | $39.4M | 10x | as long as short |
| Aster BTWUSDT | +0.0707% | 4h | 0.7599 | +0.231% | $2.1M | $3.0M | 5x | as long as short |
| BingX BTW-USDT | +0.0804% | 4h | 0.7605 | +0.307% | — | $4.3M | — | as long as short |
| edgeX BTWUSDC | +0.0839% | 4h | 0.7520 | −0.812% | $310K | $502K | 10x | as long as short |
| Extended BTW-USDshort | +0.0880% | 1h | 0.7591 | +0.123% | $33K | $15K | 5x | |
| MEXC BTW_USDT | +0.0880% | 4h | 0.7586 | +0.056% | $9.0M | $6.3M | 20x | as long as short |
Gate BTW_USDT
HTX BTW-USDT
Bitget BTWUSDT
Bybit BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BTWUSDT | +0.0882% | 4h | 0.7581 | −0.009% | $105.4M | $170.7M | 10x | as long as short |
Binance BTWUSDT