Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average—if it closes, per $10,000$5funding while held, a day−$44.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTW-USD | 0.9097 | 0.1736 | pay 0.0217% / 1h | 57m 09s | $43K | $9K | 5x |
| Short | BingX BTW-USDT | 0.9102 | 0.0248 | get 0.0124% / 4h | 57m 09s | — | $3.9M | — |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.24
- Funding while held
- −$44.64
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$54.4
- Spread needed to break even
- 0.150%
Slippage unknown: Extended: no order-book sample; BingX: live order book, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1488%
- Per $10,000 a day
- −$44.64
- Average in range /8h
- —
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 BingX live order book, 14 min ago | 3.89 bp | 23.1 bp −$23 | 90.5 bp −$905 | 565.0 bp −$56.5K | 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 price on every exchange
against the cheapest. Click to use as the short leg.BTW on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | −0.660% | +0.1716% | 4h | $345K | $420K | 10x | as long as short |
| Bybit BTWUSDT | −0.197% | +0.1249% | 4h | $17.4M | $22.5M | 10x | as long as short |
| Aster BTWUSDT | −0.183% | +0.1710% | 4h | $2.5M | $1.4M | 5x | as long as short |
| Bitget BTWUSDT | −0.167% | +0.0370% | 4h | $28.6M | $7.4M | 5x | as long as short |
| KuCoin BTWUSDTM | −0.148% | +0.0790% | 4h | $8.3M | $2.7M | 10x | as long as short |
| Gate BTW_USDT | −0.145% | +0.1606% | 4h | $4.0M | $8.7M | 10x | as long as short |
| MEXC BTW_USDT | −0.090% | +0.1722% | 4h | $15.6M | $4.2M | 20x | as long as short |
| HTX BTW-USDT | −0.077% | +0.0100% | 4h | $229K | $534K | 10x | as long as short |
| Binance BTWUSDT | −0.058% | +0.1733% | 4h | $128.3M | $99.8M | 10x | as long as short |
| Extended BTW-USDlong | 0.000% | +0.1736% | 1h | $43K | $9K | 5x |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX BTW-USDTshort | +0.052% | +0.0248% | 4h | — | $3.9M | — |
Extended BTW-USD
BingX BTW-USDT
Bybit
Aster
Bitget
KuCoin
Gate
MEXC
HTX
Binance