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

BTW

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0860%/8h= +94.2% APRpaid last 24h +0.454%
Price spread now: Extended against HTX−0.018%7-day average · you buy dearer than you sell
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 5 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$26 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BTW-USDT0.77950.0100pay 0.0050% / 4h3h 06m$194K$742K10x
ShortExtended BTW-USD0.77940.0960get 0.0120% / 1h6m 31s$33K$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
$180.6
Price spread: −0.018% → 0.000%
−$1.81
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$161.79
Costs to cover
0.170%
Break-even
0.7 days
Slippage unknown: HTX: live order book, 2 min ago; Extended: no order-book sample. 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 HTX live order book, 2 min ago29.49 bp302.6 bp −$303doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
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-USDTlong+0.0100%4h0.7795long leg$194K$742K10x
Gate BTW_USDT+0.0548%4h0.7793−0.037%$3.3M$16.3M10xas long as short
KuCoin BTWUSDTM+0.0654%4h0.7792−0.042%$7.1M$4.7M10xas long as short
Bybit BTWUSDT+0.0807%4h0.7808+0.163%$14.9M$39.0M10xas long as short
Aster BTWUSDT+0.0842%4h0.7792−0.041%$2.1M$2.9M5xas long as short
Bitget BTWUSDT+0.0860%4h0.7803+0.100%$24.5M$13.6M5xas long as short
BingX BTW-USDT+0.0954%4h0.7796+0.007%$4.3Mas long as short
Extended BTW-USDshort+0.0960%1h0.7794−0.018%$33K$15K5x
MEXC BTW_USDT+0.0962%4h0.7797+0.020%$9.3M$6.3M20xas long as short
Binance BTWUSDT+0.0962%4h0.7809+0.174%$108.7M$168.9M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BTWUSDC+0.0979%4h0.7780−0.197%$321K$500K10xas long as short