Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.212%
Price spread now: HTX against KuCoin+0.178%51s7-day average +0.244% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,000as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$9159.146% of the position
Funding, last 7 days−0.857%−$86 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.178%, 7d avg +0.244%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.066% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.244%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.8052 | 0.0100 | pay 0.0050% / 4h | 34m 31s | $7.2M | $4.8M | 10x |
| Short | HTX BTW-USDT | 0.8066 | 0.0100 | get 0.0050% / 4h | 34m 31s | $209K | $749K | 10x |
KuCoin BTWUSDTM
HTX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $0
- Price spread: +0.178% → +0.244%
- −$6.55
- Slippage, 4 orders
- −$890.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$921.13
- Costs to cover
- 9.146%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; HTX: live order book, 4 min ago.
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 | 15.10 bp | 86.2 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 30.64 bp | 243.1 bp −$243 | 1503.1 bp −$15.0K | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BTWUSDTMlong | +0.0100% | 4h | 0.8052 | long leg | $7.2M | $4.8M | 10x | |
| HTX BTW-USDTshort | +0.0100% | 4h | 0.8066 | +0.178% | $209K | $749K | 10x | |
| Bybit BTWUSDT | +0.0415% | 4h | 0.8063 | +0.136% | $15.6M | $41.0M | 10x | as long as short |
| Gate BTW_USDT | +0.0660% | 4h | 0.8059 | +0.089% | $3.3M | $17.6M | 10x | as long as short |
| Bitget BTWUSDT | +0.0700% | 4h | 0.8080 | +0.356% | $25.4M | $15.0M | 5x | as long as short |
| Aster BTWUSDT | +0.0864% | 4h | 0.8060 | +0.109% | $2.2M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0868% | 4h | 0.8077 | +0.315% | — | $4.1M | — | as long as short |
| edgeX BTWUSDC | +0.0913% | 4h | 0.8027 | −0.301% | $349K | $509K | 10x | as long as short |
| MEXC BTW_USDT | +0.0924% | 4h | 0.8076 | +0.303% | $9.0M | $6.4M | 20x | as long as short |
| Extended BTW-USD | +0.0928% | 1h | 0.8071 | +0.246% | $35K | $15K | 5x | as long as short |
Bybit BTWUSDT
Gate BTW_USDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BTWUSDT | +0.0931% | 4h | 0.8077 | +0.314% | $112.2M | $177.0M | 10x | as long as short |
Binance BTWUSDT