Settings8H · net · $10k
Funding arb · Price arb /

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0852%/8h= −93.3% APRpaid last 24h −0.443%
Price spread now: HTX against Extended+0.124%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. HTX is 0.124% dearer against Extended than usual: you sell high and buy low (spread +0.124% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTW-USD0.80670.0952pay 0.0119% / 1h13m 00s$35K$15K5x
ShortHTX BTW-USDT0.80770.0100get 0.0050% / 4h13m 00s$209K$738K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$178.92
Price spread: +0.124% → 0.000%
$12.37
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$183.55
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; HTX: live order book, 26 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell HTX live order book, 26 min ago30.64 bp243.1 bp −$2431503.1 bp −$15.0Kdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BTWUSDTM+0.0100%4h0.8060−0.082%$7.2M$4.8M10xas long as short
HTX BTW-USDTshort+0.0100%4h0.8077+0.124%$209K$738K10x
Bybit BTWUSDT+0.0460%4h0.8051−0.194%$15.6M$40.8M10xas long as short
Gate BTW_USDT+0.0654%4h0.8050−0.207%$3.3M$17.6M10xas long as short
Bitget BTWUSDT+0.0684%4h0.8073+0.077%$25.3M$14.9M5xas long as short
BingX BTW-USDT+0.0896%4h0.8056−0.137%$4.0Mas long as short
Aster BTWUSDT+0.0926%4h0.8063−0.056%$2.2M$3.3M5xas long as short
edgeX BTWUSDC+0.0942%4h0.8074+0.087%$351K$510K10xas long as short
MEXC BTW_USDT+0.0942%4h0.8060−0.087%$9.0M$6.4M20xas long as short
Extended BTW-USDlong+0.0952%1h0.8067long leg$35K$15K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BTWUSDT+0.0952%4h0.8061−0.075%$112.0M$176.4M10xas long as short