After costs, if the gap returns to its 7d average, $10k−$80
spread now+0.231%7d average−0.031%fees + slippage, in and out−$106spread needed1.062%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.9019 | 0.0712 | pay 0.0356% / 4h | 3h 32m | — | $4.0M | — |
| Short | Bitget BTWUSDT | 0.9040 | 0.1062 | get 0.0531% / 4h | 3h 32m | $28.7M | $7.6M | 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
- $23.1
- Funding while held
- $10.5
- Slippage, 4 orders
- −$84.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$72.56
- Spread needed to break even
- 1.062%
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0350%
- Per $10,000 a day
- +$10.50
- 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 BingX live order book, 9 min ago | 3.87 bp | 23.3 bp −$23 | 92.8 bp −$928 | 478.6 bp −$47.9K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.24 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | −0.334% | +0.0892% | 4h | $3.9M | $9.4M | 10x | as long as short |
| Bybit BTWUSDT | −0.211% | +0.1868% | 4h | $17.9M | $22.4M | 10x | as long as short |
| KuCoin BTWUSDTM | −0.056% | +0.1240% | 4h | $8.5M | $2.8M | 10x | as long as short |
| Aster BTWUSDT | −0.048% | +0.1786% | 4h | $2.5M | $1.6M | 5x | as long as short |
| BingX BTW-USDTlong | 0.000% | +0.0712% | 4h | — | $4.0M | — | |
| Binance BTWUSDT | +0.011% | +0.2048% | 4h | $127.6M | $102.7M | 10x | as long as short |
| edgeX BTWUSDC | +0.031% | +0.2045% | 4h | $335K | $437K | 10x | as long as short |
| HTX BTW-USDT | +0.087% | +0.0100% | 4h | $226K | $560K | 10x | as long as short |
| MEXC BTW_USDT | +0.144% | +0.2048% | 4h | $15.2M | $4.4M | 20x | as long as short |
| Extended BTW-USD | +0.151% | +0.2048% | 1h | $43K | $9K | 5x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget BTWUSDTshort | +0.231% | +0.1062% | 4h | $28.7M | $7.6M | 5x |
BingX BTW-USDT
Bitget BTWUSDT
Gate
Bybit
KuCoin
Aster
Binance
HTX
MEXC
Extended