Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.243%
Price spread now: Aster against Extended+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.047% dearer against Extended than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTW-USD | 0.8039 | 0.1104 | pay 0.0138% / 1h | 1m 13s | $38K | $11K | 5x |
| Short | Aster BTWUSDT | 0.8043 | 0.1075 | get 0.0538% / 4h | 1m 13s | $2.2M | $2.9M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$6.06
- Price spread: +0.047% → 0.000%
- $4.66
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$14.4
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 2 min ago | 4.97 bp | 22.1 bp −$22 | 317.4 bp −$3,174 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8102 | +0.780% | $201K | $741K | 10x | as long as short |
| Gate BTW_USDT | +0.0478% | 4h | 0.8046 | +0.087% | $3.5M | $16.1M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0978% | 4h | 0.8034 | −0.061% | $7.3M | $4.8M | 10x | as long as short |
| Bybit BTWUSDT | +0.1055% | 4h | 0.8032 | −0.093% | $15.7M | $38.4M | 10x | as long as short |
| Aster BTWUSDTshort | +0.1075% | 4h | 0.8043 | +0.047% | $2.2M | $2.9M | 5x | |
| Extended BTW-USDlong | +0.1104% | 1h | 0.8039 | long leg | $38K | $11K | 5x | |
| Binance BTWUSDT | +0.1107% | 4h | 0.8042 | +0.035% | $112.0M | $167.5M | 10x | as long as short |
| BingX BTW-USDT | +0.1110% | 4h | 0.8035 | −0.049% | — | $4.4M | — | as long as short |
| Bitget BTWUSDT | +0.1112% | 4h | 0.8053 | +0.177% | $25.5M | $13.4M | 5x | as long as short |
| MEXC BTW_USDT | +0.1114% | 4h | 0.8036 | −0.037% | $9.7M | $6.2M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.1121% | 4h | 0.8040 | +0.010% | $331K | $501K | 10x | as long as short |
Extended BTW-USD
Aster BTWUSDT
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bybit BTWUSDT
Binance BTWUSDT
BingX BTW-USDT
Bitget BTWUSDT
MEXC BTW_USDT
edgeX BTWUSDC