Spread before costs (cost unknown: a leg has no order-book sample)+0.296%
7d average—if it closes, per $10,000$30funding while held, a day+$5.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.9375 | 0.2136 | pay 0.1068% / 4h | 2h 38m | $2.6M | $1.7M | 5x |
| Short | Extended BTW-USD | 0.9402 | 0.2304 | get 0.0288% / 1h | 38m 19s | $44K | $9K | 5x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $29.56
- Funding while held
- $5.04
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $21.6
- Spread needed to break even
- 0.130%
Slippage unknown: Aster: live order book, 2 min ago; Extended: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0168%
- Per $10,000 a day
- +$5.04
- Average in range /8h
- —
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 Aster live order book, 2 min ago | 0.58 bp | 23.4 bp −$23 | 508.0 bp −$5,080 | 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 price on every exchange
against the cheapest. Click to use as the short leg.BTW on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin BTWUSDTM | −0.187% | +0.1548% | 4h | $8.9M | $3.0M | 10x | as long as short |
| HTX BTW-USDT | −0.129% | +0.0100% | 4h | $233K | $586K | 10x | as long as short |
| Gate BTW_USDT | −0.043% | +0.1836% | 4h | $4.1M | $9.8M | 10x | as long as short |
| Aster BTWUSDTlong | 0.000% | +0.2136% | 4h | $2.6M | $1.7M | 5x | |
| Bybit BTWUSDT | +0.017% | +0.1530% | 4h | $18.8M | $24.1M | 10x | as long as short |
| edgeX BTWUSDC | +0.142% | +0.2294% | 4h | $349K | $439K | 10x | as long as short |
| Binance BTWUSDT | +0.152% | +0.2302% | 4h | $133.2M | $107.6M | 10x | as long as short |
| MEXC BTW_USDT | +0.153% | +0.2300% | 4h | $15.4M | $4.4M | 20x | as long as short |
| BingX BTW-USDT | +0.260% | +0.1072% | 4h | — | $4.1M | — | as long as short |
| Bitget BTWUSDT | +0.288% | +0.1542% | 4h | $30.0M | $7.9M | 5x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended BTW-USDshort | +0.296% | +0.2304% | 1h | $44K | $9K | 5x |
Aster BTWUSDT
Extended BTW-USD
KuCoin
HTX
Gate
Bybit
Binance
MEXC
BingX
Bitget