Funding you earn now, next payment 23:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.312%
Price spread now: Extended against Bitget−0.097%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Extended is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2.5 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTWUSDT | 0.8165 | 0.1632 | pay 0.0816% / 4h | 1h 34m | $25.9M | $13.1M | 5x |
| Short | Extended BTW-USD | 0.8158 | 0.1760 | get 0.0220% / 1h | 34m 15s | $39K | $13K | 5x |
Bitget BTWUSDT
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $26.88
- Price spread: −0.097% → 0.000%
- −$9.66
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $0.22
- Costs to cover
- 0.170%
- Break-even
- 6.9 days
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 9.59 bp | 31.9 bp −$32 | doesn't fit | doesn't fit | 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 | 0.8226 | +0.742% | $200K | $766K | 10x | as long as short |
| Gate BTW_USDT | +0.0414% | 4h | 0.8088 | −0.950% | $3.6M | $15.7M | 10x | as long as short |
| Aster BTWUSDT | +0.1366% | 4h | 0.8031 | −1.644% | $2.2M | $2.7M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.1494% | 4h | 0.8157 | −0.102% | $7.5M | $4.7M | 10x | as long as short |
| Bitget BTWUSDTlong | +0.1632% | 4h | 0.8165 | long leg | $25.9M | $13.1M | 5x | |
| MEXC BTW_USDT | +0.1746% | 4h | 0.8123 | −0.520% | $10.1M | $6.0M | 20x | as long as short |
| Binance BTWUSDT | +0.1756% | 4h | 0.8149 | −0.207% | $113.5M | $163.6M | 10x | as long as short |
| Extended BTW-USDshort | +0.1760% | 1h | 0.8158 | −0.097% | $39K | $13K | 5x | |
| edgeX BTWUSDC | +0.1761% | 4h | 0.8319 | +1.882% | $343K | $498K | 10x | as long as short |
| BingX BTW-USDT | +0.2678% | 4h | 0.8161 | −0.054% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
KuCoin BTWUSDTM
MEXC BTW_USDT
Binance BTWUSDT
edgeX BTWUSDC
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2828% | 4h | 0.8159 | −0.084% | $15.2M | $37.2M | 10x | as long as short |
Bybit BTWUSDT