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−$253
spread now+0.244%7d average−0.114%fees + slippage, in and out−$289spread needed2.892%
Long on edgeXShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BTWUSDC0.93950.2330pay 0.1165% / 4h2h 11m$349K$442K10x
ShortKuCoin BTWUSDTM0.94180.1534get 0.0767% / 4h2h 11m$9.0M$3.1M10x

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
$24.44
Funding while held
−$23.89
Slippage, 4 orders
−$268.24
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$288.68
Spread needed to break even
2.892%
Slippage from edgeX: live order book, 29 min ago; KuCoin: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0796%
Per $10,000 a day
−$23.89
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, 29 min ago3.29 bp25.2 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago12.88 bp173.8 bp −$174doesn't fitdoesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.
edgeX0.9395cheapest
Bybit0.9403+0.083%
KuCoin0.9418+0.244%
Gate0.9419+0.258%Binance0.9426+0.329%Extended0.9426+0.335%MEXC0.9427+0.343%HTX0.9427+0.343%BingX0.9431+0.386%Aster0.9433+0.409%Bitget0.9440+0.478%

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX BTWUSDClong0.000%+0.2330%4h$349K$442K10x
Bybit BTWUSDT+0.083%+0.1062%4h$18.9M$24.0M10xas long as short
KuCoin BTWUSDTMshort+0.244%+0.1534%4h$9.0M$3.1M10x
Gate BTW_USDT+0.258%+0.1356%4h$4.1M$9.9M10xas long as short
Binance BTWUSDT+0.329%+0.2346%4h$133.8M$108.6M10xas long as short
Extended BTW-USD+0.335%+0.2344%1h$45K$9K5xas long as short
MEXC BTW_USDT+0.343%+0.2346%4h$15.5M$4.5M20xas long as short
HTX BTW-USDT+0.343%+0.0100%4h$234K$589K10xas long as short
BingX BTW-USDT+0.386%+0.0766%4h—$4.1M—as long as short
Aster BTWUSDT+0.409%+0.2157%4h$2.6M$1.8M5xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BTWUSDT+0.478%+0.1606%4h$30.1M$7.9M5xas long as short