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

BTW

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0868%/8h= −95.0% APRpaid last 24h −0.243%
Price spread now: KuCoin against Extended+0.055%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. KuCoin is 0.055% dearer against Extended than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTW-USD0.82620.1048pay 0.0131% / 1h49m 01s$36K$15K5x
ShortKuCoin BTWUSDTM0.82660.0180get 0.0090% / 4h2h 49m$7.3M$4.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$182.28
Price spread: +0.055% → 0.000%
$5.55
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$193.73
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago11.03 bp100.7 bp −$101doesn't fitdoesn'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
HTX BTW-USDT+0.0100%4h0.8260−0.012%$213K$796K10xas long as short
KuCoin BTWUSDTMshort+0.0180%4h0.8266+0.055%$7.3M$4.9M10x
Bitget BTWUSDT+0.0712%4h0.8278+0.201%$26.0M$15.2M5xas long as short
Bybit BTWUSDT+0.0722%4h0.8265+0.042%$15.9M$41.4M10xas long as short
Aster BTWUSDT+0.0746%4h0.8266+0.055%$2.3M$3.2M5xas long as short
BingX BTW-USDT+0.0956%4h0.8257−0.055%$4.4Mas long as short
edgeX BTWUSDC+0.1007%4h0.8176−1.038%$337K$502K10xas long as short
MEXC BTW_USDT+0.1034%4h0.8264+0.030%$9.4M$6.5M20xas long as short
Binance BTWUSDT+0.1044%4h0.8264+0.030%$115.2M$181.2M10xas long as short
Extended BTW-USDlong+0.1048%1h0.8262long leg$36K$15K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BTW_USDT+0.1476%4h0.8255−0.078%$3.4M$17.8M10xas long as short