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−$99
spread now+0.263%7d average−0.054%fees + slippage, in and out−$131spread needed1.309%
Long on BybitShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BTWUSDT0.93610.1530pay 0.0765% / 4h2h 37m$18.7M$24.1M10x
ShortAster BTWUSDT0.93860.2136get 0.1068% / 4h2h 37m$2.6M$1.7M5x

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
$26.28
Funding while held
$18.18
Slippage, 4 orders
−$111.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$86.44
Spread needed to break even
1.309%
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0606%
Per $10,000 a day
+$18.18
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 Bybit live order book, 2 min ago4.15 bp43.9 bp −$44129.8 bp −$1,298doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago0.58 bp25.7 bp −$26353.1 bp −$3,531doesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.
Bybit0.9361cheapest
Gate0.9384+0.241%Binance0.9384+0.242%MEXC0.9384+0.242%Extended0.9385+0.253%
Aster0.9386+0.263%
edgeX0.9388+0.284%BingX0.9388+0.285%HTX0.9389+0.292%KuCoin0.9392+0.325%Bitget0.9401+0.421%

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit BTWUSDTlong0.000%+0.1530%4h$18.7M$24.1M10x
Gate BTW_USDT+0.241%+0.1836%4h$4.1M$9.8M10xas long as short
Binance BTWUSDT+0.242%+0.2302%4h$133.1M$107.6M10xas long as short
MEXC BTW_USDT+0.242%+0.2300%4h$15.4M$4.4M20xas long as short
Extended BTW-USD+0.253%+0.2304%1h$44K$9K5xas long as short
Aster BTWUSDTshort+0.263%+0.2136%4h$2.6M$1.7M5x
edgeX BTWUSDC+0.284%+0.2294%4h$349K$439K10xas long as short
BingX BTW-USDT+0.285%+0.1072%4h—$4.1M—as long as short
HTX BTW-USDT+0.292%+0.0100%4h$233K$586K10xas long as short
KuCoin BTWUSDTM+0.325%+0.1548%4h$9.0M$3.0M10xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BTWUSDT+0.421%+0.1542%4h$30.0M$7.9M5xas long as short