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−$130
spread now−0.696%7d average−0.173%fees + slippage, in and out−$78spread needed0.782%
Long on BingXShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BTW-USDT0.94320.0678pay 0.0339% / 4h1h 59m—$4.2M—
ShortAster BTWUSDT0.93660.2160get 0.1080% / 4h1h 59m$2.6M$1.8M5x

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
−$69.63
Funding while held
$44.45
Slippage, 4 orders
−$60.18
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$103.36
Spread needed to break even
0.782%
Slippage from BingX: live order book, 12 min ago; Aster: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
+0.1482%
Per $10,000 a day
+$44.45
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 BingX live order book, 12 min ago0.53 bp13.8 bp −$1457.3 bp −$573330.3 bp −$33.0Kdoesn't fit
Sell Aster live order book, 6 min ago4.48 bp30.9 bp −$31542.1 bp −$5,421doesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.9361cheapest
Aster0.9366+0.057%
edgeX0.9384+0.243%Gate0.9395+0.359%Bybit0.9412+0.546%KuCoin0.9416+0.590%MEXC0.9430+0.737%
BingX0.9432+0.758%
Binance0.9434+0.780%Extended0.9436+0.802%Bitget0.9458+1.037%

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX BTW-USDT−0.753%+0.0100%4h$232K$590K10xas long as short
Aster BTWUSDTshort−0.696%+0.2160%4h$2.6M$1.8M5x
edgeX BTWUSDC−0.511%+0.2366%4h$349K$435K10xas long as short
Gate BTW_USDT−0.396%+0.1370%4h$4.1M$9.8M10xas long as short
Bybit BTWUSDT−0.211%+0.0967%4h$18.9M$24.2M10xas long as short
KuCoin BTWUSDTM−0.167%+0.1504%4h$9.0M$3.2M10xas long as short
MEXC BTW_USDT−0.021%+0.2370%4h$15.5M$4.5M20xas long as short
BingX BTW-USDTlong0.000%+0.0678%4h—$4.2M—
Binance BTWUSDT+0.021%+0.2368%4h$134.0M$109.6M10xas long as short
Extended BTW-USD+0.043%+0.2368%1h$45K$9K5xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BTWUSDT+0.276%+0.1666%4h$30.2M$8.0M5xas long as short