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−$127
spread now+0.083%7d average−0.136%fees + slippage, in and out−$148spread needed1.485%
Long on edgeXShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BTWUSDC0.90400.1712pay 0.0856% / 4h57m 56s$345K$426K10x
ShortBybit BTWUSDT0.90470.1242get 0.0621% / 4h57m 56s$17.4M$22.5M10x

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
$8.31
Funding while held
−$14.08
Slippage, 4 orders
−$128.46
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$154.24
Spread needed to break even
1.485%
Slippage from edgeX: live order book, 57 min ago; Bybit: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0469%
Per $10,000 a day
−$14.08
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, 57 min ago8.92 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.32 bp30.3 bp −$30221.5 bp −$2,215doesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.
Gate0.9012cheapestHTX0.9029+0.189%
edgeX0.9040+0.302%
Aster0.9042+0.334%KuCoin0.9045+0.358%
Bybit0.9047+0.385%
BingX0.9052+0.440%MEXC0.9056+0.484%Binance0.9057+0.494%Extended0.9057+0.496%Bitget0.9065+0.585%

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate BTW_USDT−0.301%+0.1504%4h$4.0M$8.7M10xas long as short
HTX BTW-USDT−0.113%+0.0100%4h$228K$534K10xas long as short
edgeX BTWUSDClong0.000%+0.1712%4h$345K$426K10x
Aster BTWUSDT+0.032%+0.1700%4h$2.5M$1.4M5xas long as short
KuCoin BTWUSDTM+0.056%+0.0792%4h$8.3M$2.7M10xas long as short
Bybit BTWUSDTshort+0.083%+0.1242%4h$17.4M$22.5M10x
BingX BTW-USDT+0.137%+0.0218%4h—$3.9M—as long as short
MEXC BTW_USDT+0.182%+0.1722%4h$15.6M$4.2M20xas long as short
Binance BTWUSDT+0.192%+0.1723%4h$127.7M$99.8M10xas long as short
Extended BTW-USD+0.193%+0.1720%1h$43K$9K5xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BTWUSDT+0.282%+0.0362%4h$28.6M$7.4M5xas long as short