Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.206%
Price spread now: HTX against Bybit+0.276%7-day average +0.257% · you sell dearer than you buy
Net, funding: paid 7d − costs−$867as in the Funding arb table
Net, price: spread back to 7d avg − costs−$787as in the Price arb table
costs, in and out, $10k−$7897.892% of the position
Funding, last 7 days−0.779%−$78 on $10k
+Price spread, last 4 days (all we have)+0.918%+$92 · spread now +0.276%, 7d avg +0.257%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTWUSDT | 0.8140 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $15.7M | $39.7M | 10x |
| Short | HTX BTW-USDT | 0.8163 | 0.0100 | get 0.0050% / 4h | 3h 42m | $214K | $732K | 10x |
Bybit BTWUSDT
HTX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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
- $0
- Price spread: +0.276% → +0.257%
- $1.91
- Slippage, 4 orders
- −$766.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$787.33
- Costs to cover
- 7.892%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 56 min ago.
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, 2 min ago | 3.63 bp | 59.4 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 56 min ago | 30.64 bp | 243.1 bp −$243 | 1503.1 bp −$15.0K | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDTlong | +0.0100% | 4h | 0.8140 | long leg | $15.7M | $39.7M | 10x | |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8140 | 0.000% | $7.2M | $4.7M | 10x | as long as short |
| HTX BTW-USDTshort | +0.0100% | 4h | 0.8163 | +0.276% | $214K | $732K | 10x | |
| Gate BTW_USDT | +0.0482% | 4h | 0.8128 | −0.143% | $3.3M | $17.2M | 10x | as long as short |
| Bitget BTWUSDT | +0.0604% | 4h | 0.8152 | +0.150% | $25.6M | $14.7M | 5x | as long as short |
| Aster BTWUSDT | +0.0872% | 4h | 0.8147 | +0.087% | $2.3M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0876% | 4h | 0.8145 | +0.061% | — | $4.0M | — | as long as short |
| Extended BTW-USD | +0.0904% | 1h | 0.8140 | +0.003% | $35K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.0906% | 4h | 0.8146 | +0.071% | $113.1M | $174.2M | 10x | as long as short |
| MEXC BTW_USDT | +0.0922% | 4h | 0.8142 | +0.025% | $9.0M | $6.3M | 20x | as long as short |
KuCoin BTWUSDTM
Gate BTW_USDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
Extended BTW-USD
Binance BTWUSDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0933% | 4h | 0.8142 | +0.020% | $354K | $511K | 10x | as long as short |
edgeX BTWUSDC