After costs, if the gap returns to its 7d average, $10k−$148
spread now−0.340%7d average+0.006%fees + slippage, in and out−$113spread needed1.131%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTWUSDT | 0.8649 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $27.2M | $6.5M | 5x |
| Short | Binance BTWUSDT | 0.8620 | 0.1805 | get 0.0903% / 4h | 2h 39m | $121.4M | $91.4M | 10x |
Bitget BTWUSDT
Binance BTWUSDTPrice 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
- −$34.03
- Funding while held
- $51.16
- Slippage, 4 orders
- −$91.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.94
- Spread needed to break even
- 1.131%
Slippage from Bitget: live order book, 6 min ago; Binance: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1705%
- Per $10,000 a day
- +$51.16
- 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 Bitget live order book, 6 min ago | 6.25 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.61 bp | 17.7 bp −$18 | 84.6 bp −$846 | doesn't fit | doesn't fit |
BTW price on every exchange
against the cheapest. Click to use as the short leg.HTX0.8532+4.190%Gate0.8575+4.718%Extended0.8599+5.012%KuCoin0.8603+5.059%Bybit0.8611+5.151%Aster0.8618+5.237%
HTX
Gate
Extended
KuCoin
Bybit
AsterBinance0.8620+5.264%
MEXC0.8624+5.312%BingX0.8643+5.544%
MEXC
BingXBitget0.8649+5.623%
BTW on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | −5.324% | +0.1822% | 4h | $306K | $410K | 10x | as long as short |
| HTX BTW-USDT | −1.357% | +0.0100% | 4h | $216K | $468K | 10x | as long as short |
| Gate BTW_USDT | −0.857% | +0.2260% | 4h | $3.7M | $7.1M | 10x | as long as short |
| Extended BTW-USD | −0.578% | +0.1808% | 1h | $37K | $4K | 5x | as long as short |
| KuCoin BTWUSDTM | −0.534% | +0.1012% | 4h | $7.8M | $2.3M | 10x | as long as short |
| Bybit BTWUSDT | −0.447% | +0.0193% | 4h | $16.6M | $21.3M | 10x | as long as short |
| Aster BTWUSDT | −0.366% | +0.1047% | 4h | $2.4M | $1.0M | 5x | as long as short |
| Binance BTWUSDTshort | −0.340% | +0.1805% | 4h | $121.4M | $91.4M | 10x | |
| MEXC BTW_USDT | −0.294% | +0.1816% | 4h | $15.7M | $4.1M | 20x | as long as short |
| BingX BTW-USDT | −0.074% | +0.1772% | 4h | — | $3.7M | — | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget BTWUSDTlong | 0.000% | +0.0100% | 4h | $27.2M | $6.5M | 5x |