data as of
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Price arb /

BTW

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$51
spread now−0.052%7d average−0.134%fees + slippage, in and out−$59spread needed0.594%
Long on MEXCShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTW_USDT0.91030.1888pay 0.0944% / 4h8m 39s$15.4M$4.4M20x
ShortAster BTWUSDT0.90980.1630get 0.0815% / 4h8m 39s$2.5M$1.5M5x

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
−$5.16
Funding while held
−$7.73
Slippage, 4 orders
−$51.4
Fee MEXC: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$72.29
Spread needed to break even
0.594%
Slippage from MEXC: live order book, 1 min ago; Aster: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0258%
Per $10,000 a day
−$7.73
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 MEXC live order book, 1 min ago1.09 bp6.4 bp −$640.7 bp −$407219.0 bp −$21.9K581.5 bp −$290.8K
Sell Aster live order book, 1 min ago0.88 bp25.8 bp −$26312.6 bp −$3,126doesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.
Bybit0.9089cheapest
Aster0.9098+0.100%
Binance0.9100+0.119%KuCoin0.9100+0.121%
MEXC0.9103+0.152%
Gate0.9107+0.191%edgeX0.9112+0.252%Extended0.9113+0.266%Bitget0.9118+0.314%BingX0.9118+0.317%HTX0.9129+0.432%

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit BTWUSDT−0.152%+0.1442%4h$18.0M$22.4M10xas long as short
Aster BTWUSDTshort−0.052%+0.1630%4h$2.5M$1.5M5x
Binance BTWUSDT−0.033%+0.1884%4h$128.6M$101.5M10xas long as short
KuCoin BTWUSDTM−0.030%+0.0950%4h$8.5M$2.8M10xas long as short
MEXC BTW_USDTlong0.000%+0.1888%4h$15.4M$4.4M20x
Gate BTW_USDT+0.039%+0.1264%4h$4.0M$9.3M10xas long as short
edgeX BTWUSDC+0.100%+0.1891%4h$340K$431K10xas long as short
Extended BTW-USD+0.114%+0.1888%1h$43K$9K5xas long as short
Bitget BTWUSDT+0.162%+0.0734%4h$28.9M$7.5M5xas long as short
BingX BTW-USDT+0.165%+0.0492%4h—$4.0M—as long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX BTW-USDT+0.280%+0.0100%4h$228K$565K10xas long as short