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
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTW-USD | 0.8262 | 0.1048 | pay 0.0131% / 1h | 49m 01s | $36K | $15K | 5x |
| Short | KuCoin BTWUSDTM | 0.8266 | 0.0180 | get 0.0090% / 4h | 2h 49m | $7.3M | $4.9M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 4 min ago | 11.03 bp | 100.7 bp −$101 | doesn't fit | 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 | 0.8260 | −0.012% | $213K | $796K | 10x | as long as short |
| KuCoin BTWUSDTMshort | +0.0180% | 4h | 0.8266 | +0.055% | $7.3M | $4.9M | 10x | |
| Bitget BTWUSDT | +0.0712% | 4h | 0.8278 | +0.201% | $26.0M | $15.2M | 5x | as long as short |
| Bybit BTWUSDT | +0.0722% | 4h | 0.8265 | +0.042% | $15.9M | $41.4M | 10x | as long as short |
| Aster BTWUSDT | +0.0746% | 4h | 0.8266 | +0.055% | $2.3M | $3.2M | 5x | as long as short |
| BingX BTW-USDT | +0.0956% | 4h | 0.8257 | −0.055% | — | $4.4M | — | as long as short |
| edgeX BTWUSDC | +0.1007% | 4h | 0.8176 | −1.038% | $337K | $502K | 10x | as long as short |
| MEXC BTW_USDT | +0.1034% | 4h | 0.8264 | +0.030% | $9.4M | $6.5M | 20x | as long as short |
| Binance BTWUSDT | +0.1044% | 4h | 0.8264 | +0.030% | $115.2M | $181.2M | 10x | as long as short |
| Extended BTW-USDlong | +0.1048% | 1h | 0.8262 | long leg | $36K | $15K | 5x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1476% | 4h | 0.8255 | −0.078% | $3.4M | $17.8M | 10x | as long as short |
Extended BTW-USD
KuCoin BTWUSDTM
HTX BTW-USDT
Bitget BTWUSDT
Bybit BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDT
Binance BTWUSDT
Gate BTW_USDT