data as of
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Price arb /

BTW

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$307
spread now+0.035%7d average+0.076%fees + slippage, in and out−$303spread needed3.029%
Long on AsterShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTWUSDT0.93530.2033pay 0.1017% / 4h3h 04m$2.6M$1.6M5x
ShortKuCoin BTWUSDTM0.93560.1510get 0.0755% / 4h3h 04m$8.8M$2.9M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
$3.49
Funding while held
−$15.69
Slippage, 4 orders
−$282.9
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$315.1
Spread needed to break even
3.029%
Slippage from Aster: live order book, 5 min ago; KuCoin: live order book, 10 min ago.

Cost of waiting

funding view
Funding /8h
−0.0523%
Per $10,000 a day
−$15.69
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago3.07 bp16.3 bp −$16227.9 bp −$2,279doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago8.93 bp191.2 bp −$191doesn't fitdoesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.
edgeX0.9308cheapestGate0.9332+0.262%Bybit0.9346+0.413%
Aster0.9353+0.486%
HTX0.9354+0.495%
KuCoin0.9356+0.521%
Binance0.9357+0.531%MEXC0.9359+0.552%BingX0.9362+0.585%Extended0.9365+0.617%Bitget0.9380+0.774%

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX BTWUSDC−0.483%+0.2175%4h$346K$438K10xas long as short
Gate BTW_USDT−0.223%+0.2408%4h$4.1M$9.7M10xas long as short
Bybit BTWUSDT−0.072%+0.2009%4h$18.3M$23.4M10xas long as short
Aster BTWUSDTlong0.000%+0.2033%4h$2.6M$1.6M5x
HTX BTW-USDT+0.009%+0.0100%4h$233K$582K10xas long as short
KuCoin BTWUSDTMshort+0.035%+0.1510%4h$8.8M$2.9M10x
Binance BTWUSDT+0.045%+0.2211%4h$132.5M$105.1M10xas long as short
MEXC BTW_USDT+0.067%+0.2210%4h$15.5M$4.5M20xas long as short
BingX BTW-USDT+0.099%+0.0934%4h—$4.1M—as long as short
Extended BTW-USD+0.130%+0.2208%1h$44K$9K5xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BTWUSDT+0.287%+0.1372%4h$29.9M$7.7M5xas long as short