data as of
Settings8H · net · $10k
Price arb /

BTW

all BTW markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.027%
7d averageif it closes, per $10,000$3funding while held, a day−$0.12
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTW-USD0.91040.1824pay 0.0228% / 1h45m 28s$43K$9K5x
ShortMEXC BTW_USDT0.91020.1820get 0.0910% / 4h45m 28s$15.5M$4.3M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$2.72
Funding while held
−$0.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$7.84
Spread needed to break even
0.050%
Slippage unknown: Extended: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
$0.12
Average in range /8h

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 MEXC live order book, 4 min ago2.19 bp9.0 bp −$930.7 bp −$307189.1 bp −$18.9K527.1 bp −$263.6K
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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate BTW_USDT−0.260%+0.1596%4h$4.0M$8.9M10xas long as short
edgeX BTWUSDC−0.168%+0.1799%4h$339K$431K10xas long as short
Aster BTWUSDT−0.168%+0.1475%4h$2.5M$1.4M5xas long as short
KuCoin BTWUSDTM−0.139%+0.0774%4h$8.4M$2.7M10xas long as short
Bybit BTWUSDT−0.121%+0.1269%4h$17.6M$22.7M10xas long as short
MEXC BTW_USDTshort−0.027%+0.1820%4h$15.5M$4.3M20x
Extended BTW-USDlong0.000%+0.1824%1h$43K$9K5x
Binance BTWUSDT+0.006%+0.1819%4h$128.5M$100.7M10xas long as short
BingX BTW-USDT+0.039%+0.0308%4h$3.9Mas long as short
Bitget BTWUSDT+0.057%+0.0460%4h$28.8M$7.5M5xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX BTW-USDT+0.330%+0.0100%4h$230K$538K10xas long as short