Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.262%
Price spread now: HTX against Gate+1.395%7-day average +0.329% · you sell dearer than you buy
Net, funding: paid 7d − costs−$799as in the Funding arb table
Net, price: spread back to 7d avg − costs−$583as in the Price arb table
costs, in and out, $10k−$6896.892% of the position
Funding, last 7 days−1.100%−$110 on $10k
+Price spread, last 4 days (all we have)−0.610%−$61 · spread now +1.395%, 7d avg +0.329%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 1.066% dearer against Gate than usual: you sell high and buy low, +$107 on $10k if it goes back to its 7-day average of +0.329%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BTW_USDT | 0.8317 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $3.4M | $16.7M | 10x |
| Short | HTX BTW-USDT | 0.8434 | 0.0100 | get 0.0050% / 4h | 1h 53m | $220K | $688K | 10x |
Gate BTW_USDT
HTX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Gate. 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
- $0
- Price spread: +1.395% → +0.329%
- $106.64
- Slippage, 4 orders
- −$662.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$582.53
- Costs to cover
- 6.892%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; HTX: live order book, 58 min ago.
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 Gate live order book, 3 min ago | 11.30 bp | 38.4 bp −$38 | 74.8 bp −$748 | doesn't fit | doesn't fit |
| Sell HTX live order book, 58 min ago | 24.59 bp | 201.4 bp −$201 | 1093.9 bp −$10.9K | doesn't fit | doesn't fit |
BTW on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.0100% | 4h | 0.8343 | +0.301% | $16.1M | $37.3M | 10x | as long as short |
| Gate BTW_USDTlong | +0.0100% | 4h | 0.8317 | long leg | $3.4M | $16.7M | 10x | |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8319 | +0.024% | $7.3M | $4.4M | 10x | as long as short |
| HTX BTW-USDTshort | +0.0100% | 4h | 0.8434 | +1.395% | $220K | $688K | 10x | |
| Bitget BTWUSDT | +0.0422% | 4h | 0.8375 | +0.692% | $26.3M | $14.0M | 5x | as long as short |
| Aster BTWUSDT | +0.0589% | 4h | 0.8347 | +0.352% | $2.3M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0638% | 4h | 0.8345 | +0.331% | — | $3.6M | — | as long as short |
| edgeX BTWUSDC | +0.0674% | 4h | 0.8313 | −0.054% | $361K | $506K | 10x | as long as short |
| Binance BTWUSDT | +0.0678% | 4h | 0.8349 | +0.379% | $115.7M | $165.2M | 10x | as long as short |
| Extended BTW-USD | +0.0680% | 1h | 0.8333 | +0.190% | $36K | $13K | 5x | as long as short |
Bybit BTWUSDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
Binance BTWUSDT
Extended BTW-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BTW_USDT | +0.0680% | 4h | 0.8336 | +0.223% | $9.3M | $6.1M | 20x | as long as short |
MEXC BTW_USDT