Settings8H · net · $10k
Funding arb · Price arb /

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Extended against MEXC−0.164%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.164% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTW_USDT0.80420.0920pay 0.0460% / 4h1h 00m$9.0M$6.5M20x
ShortExtended BTW-USD0.80290.0920get 0.0115% / 1h0m 14s$34K$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.164% → 0.000%
−$16.37
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.37
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: MEXC: 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago1.88 bp11.9 bp −$1244.8 bp −$448182.0 bp −$18.2K730.6 bp −$365.3K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BTWUSDTM+0.0100%4h0.8032−0.127%$7.1M$4.8M10xas long as short
HTX BTW-USDT+0.0100%4h0.8043+0.013%$208K$750K10xas long as short
Bybit BTWUSDT+0.0457%4h0.8019−0.287%$15.5M$41.2M10xas long as short
Gate BTW_USDT+0.0744%4h0.8025−0.210%$3.3M$17.9M10xas long as short
Bitget BTWUSDT+0.0788%4h0.8047+0.067%$25.3M$15.0M5xas long as short
Aster BTWUSDT+0.0796%4h0.8035−0.081%$2.2M$3.3M5xas long as short
BingX BTW-USDT+0.0884%4h0.8035−0.087%$4.2Mas long as short
Extended BTW-USDshort+0.0920%1h0.8029−0.164%$34K$15K5x
MEXC BTW_USDTlong+0.0920%4h0.8042long leg$9.0M$6.5M20x
edgeX BTWUSDC+0.0920%4h0.7990−0.646%$347K$513K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BTWUSDT+0.0922%4h0.8031−0.137%$111.6M$178.3M10xas long as short