Funding you earn now, next payment 22:00 UTC−0.0646%/8h= −70.7% APRpaid last 24h +0.150%
Price spread now: Extended against BingX+1.115%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Extended is 1.115% dearer against BingX than usual: you sell high and buy low (spread +1.115% now, against zero (this spread has no 7-day history yet)): +$111 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.8782 | 0.2502 | pay 0.1251% / 4h | 2h 20m | — | $4.3M | — |
| Short | Extended BTW-USD | 0.8880 | 0.1856 | get 0.0232% / 1h | 20m 43s | $42K | $13K | 5x |
BingX BTW-USDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$135.66
- Price spread: +1.115% → 0.000%
- $111.49
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.17
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 5.00 bp | 29.2 bp −$29 | 111.1 bp −$1,111 | 632.7 bp −$63.3K | 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 on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8894 | +1.276% | $218K | $765K | 10x | as long as short |
| Gate BTW_USDT | +0.0238% | 4h | 0.8844 | +0.703% | $3.9M | $15.2M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1360% | 4h | 0.8845 | +0.716% | $8.1M | $4.6M | 10x | as long as short |
| Aster BTWUSDT | +0.1501% | 4h | 0.8849 | +0.763% | $2.4M | $2.6M | 5x | as long as short |
| Bitget BTWUSDT | +0.1610% | 4h | 0.8775 | −0.083% | $27.7M | $12.7M | 5x | as long as short |
| Extended BTW-USDshort | +0.1856% | 1h | 0.8880 | +1.115% | $42K | $13K | 5x | |
| edgeX BTWUSDC | +0.1859% | 4h | 0.8920 | +1.574% | $368K | $495K | 10x | as long as short |
| Binance BTWUSDT | +0.1859% | 4h | 0.8807 | +0.286% | $123.2M | $158.7M | 10x | as long as short |
| MEXC BTW_USDT | +0.1868% | 4h | 0.8855 | +0.831% | $11.6M | $6.0M | 20x | as long as short |
| BingX BTW-USDTlong | +0.2502% | 4h | 0.8782 | long leg | — | $4.3M | — |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
edgeX BTWUSDC
Binance BTWUSDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2685% | 4h | 0.8763 | −0.215% | $16.6M | $35.8M | 10x | as long as short |
Bybit BTWUSDT