After costs, if the gap returns to its 7d average, $10k−$133
spread now+0.160%7d average+0.090%fees + slippage, in and out−$140spread needed1.403%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTWUSDT | 0.9113 | 0.1693 | pay 0.0847% / 4h | 3h 24m | $18.2M | $22.4M | 10x |
| Short | Binance BTWUSDT | 0.9127 | 0.2082 | get 0.1041% / 4h | 3h 24m | $129.1M | $102.9M | 10x |
Bybit 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
- $15.96
- Funding while held
- $11.66
- Slippage, 4 orders
- −$119.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.72
- Spread needed to break even
- 1.403%
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0389%
- Per $10,000 a day
- +$11.66
- 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 Bybit live order book, 5 min ago | 5.46 bp | 46.7 bp −$47 | 301.2 bp −$3,012 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.67 bp | 17.3 bp −$17 | 105.3 bp −$1,053 | doesn't fit | doesn't fit |
BTW price on every exchange
against the cheapest. Click to use as the short leg.
HTX
Gate
Aster
KuCoin
Extended
MEXC
Bitget
BingXBTW on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | −1.003% | +0.2067% | 4h | $335K | $436K | 10x | as long as short |
| HTX BTW-USDT | −0.415% | +0.0100% | 4h | $226K | $563K | 10x | as long as short |
| Gate BTW_USDT | −0.059% | +0.1418% | 4h | $4.0M | $9.4M | 10x | as long as short |
| Bybit BTWUSDTlong | 0.000% | +0.1693% | 4h | $18.2M | $22.4M | 10x | |
| Aster BTWUSDT | +0.078% | +0.1840% | 4h | $2.5M | $1.6M | 5x | as long as short |
| KuCoin BTWUSDTM | +0.105% | +0.1294% | 4h | $8.6M | $2.8M | 10x | as long as short |
| Extended BTW-USD | +0.107% | +0.2080% | 1h | $43K | $9K | 5x | as long as short |
| MEXC BTW_USDT | +0.145% | +0.2070% | 4h | $15.3M | $4.4M | 20x | as long as short |
| Binance BTWUSDTshort | +0.160% | +0.2082% | 4h | $129.1M | $102.9M | 10x | |
| Bitget BTWUSDT | +0.274% | +0.1122% | 4h | $29.1M | $7.6M | 5x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX BTW-USDT | +0.277% | +0.0764% | 4h | — | $4.0M | — | as long as short |