Funding you earn now, next payment 23:00 UTC+0.0304%/8h= +33.3% APRpaid last 24h +0.243%
Price spread now: Extended against KuCoin+0.137%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.137% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.8779 | 0.1496 | pay 0.0748% / 4h | 1h 49m | $8.1M | $4.7M | 10x |
| Short | Extended BTW-USD | 0.8791 | 0.1800 | get 0.0225% / 1h | 49m 25s | $42K | $13K | 5x |
KuCoin BTWUSDTM
Extended BTW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- $63.84
- Price spread: +0.137% → 0.000%
- $13.7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $60.54
- Costs to cover
- 0.170%
- Break-even
- 0.4 days
Slippage unknown: KuCoin: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 13.61 bp | 80.8 bp −$81 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8786 | +0.079% | $215K | $763K | 10x | as long as short |
| Gate BTW_USDT | +0.0764% | 4h | 0.8770 | −0.097% | $3.9M | $15.5M | 10x | as long as short |
| KuCoin BTWUSDTMlong | +0.1496% | 4h | 0.8779 | long leg | $8.1M | $4.7M | 10x | |
| Aster BTWUSDT | +0.1515% | 4h | 0.8783 | +0.056% | $2.4M | $2.7M | 5x | as long as short |
| Bitget BTWUSDT | +0.1648% | 4h | 0.8805 | +0.298% | $27.9M | $12.9M | 5x | as long as short |
| Extended BTW-USDshort | +0.1800% | 1h | 0.8791 | +0.137% | $42K | $13K | 5x | |
| MEXC BTW_USDT | +0.1800% | 4h | 0.8774 | −0.052% | $11.3M | $5.9M | 20x | as long as short |
| Binance BTWUSDT | +0.1802% | 4h | 0.8766 | −0.143% | $122.3M | $161.1M | 10x | as long as short |
| edgeX BTWUSDC | +0.1806% | 4h | 0.8799 | +0.233% | $363K | $497K | 10x | as long as short |
| BingX BTW-USDT | +0.3020% | 4h | 0.8769 | −0.109% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
Bitget BTWUSDT
MEXC BTW_USDT
Binance BTWUSDT
edgeX BTWUSDC
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3038% | 4h | 0.8771 | −0.091% | $16.3M | $36.6M | 10x | as long as short |
Bybit BTWUSDT