data as of
Settings8H · net · $10k
Price arb /

BTW

all BTW markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$100
spread now−0.158%7d average−0.045%fees + slippage, in and out−$88spread needed0.884%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BTWUSDC0.90380.2054pay 0.1027% / 4h3h 28m$336K$438K10x
ShortBitget BTWUSDT0.90240.1094get 0.0547% / 4h3h 28m$28.7M$7.6M5x

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
−$15.82
Funding while held
−$28.8
Slippage, 4 orders
−$67.35
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$132.97
Spread needed to break even
0.884%
Slippage from edgeX: live order book, 16 min ago; Bitget: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0960%
Per $10,000 a day
$28.80
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 edgeX live order book, 16 min ago2.98 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.06 bp32.0 bp −$32doesn't fitdoesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate BTW_USDT−1.006%+0.1054%4h$3.9M$9.4M10xas long as short
Aster BTWUSDT−0.805%+0.1801%4h$2.5M$1.6M5xas long as short
MEXC BTW_USDT−0.801%+0.2070%4h$15.0M$4.4M20xas long as short
HTX BTW-USDT−0.678%+0.0100%4h$224K$558K10xas long as short
Extended BTW-USD−0.542%+0.2072%1h$42K$9K5xas long as short
KuCoin BTWUSDTM−0.515%+0.1256%4h$8.5M$2.8M10xas long as short
Bybit BTWUSDT−0.430%+0.1648%4h$17.9M$22.4M10xas long as short
Binance BTWUSDT−0.426%+0.2067%4h$127.3M$102.7M10xas long as short
BingX BTW-USDT−0.314%+0.0740%4h$4.0Mas long as short
Bitget BTWUSDTshort−0.158%+0.1094%4h$28.7M$7.6M5x
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX BTWUSDClong0.000%+0.2054%4h$336K$438K10x