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−$658
spread now−0.769%7d average+0.175%fees + slippage, in and out−$564spread needed5.636%
Long on MEXCShort on HTX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTW_USDT0.94050.2304pay 0.1152% / 4h2h 46m$15.5M$4.4M20x
ShortHTX BTW-USDT0.93330.0100get 0.0050% / 4h2h 46m$232K$586K10x

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
−$76.95
Funding while held
−$66.12
Slippage, 4 orders
−$551.64
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$706.7
Spread needed to break even
5.636%
Slippage from MEXC: live order book, 4 min ago; HTX: live order book, 59 min ago.

Cost of waiting

funding view
Funding /8h
−0.2204%
Per $10,000 a day
−$66.12
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 MEXC live order book, 4 min ago1.60 bp5.7 bp −$634.9 bp −$349236.7 bp −$23.7K614.5 bp −$307.2K
Sell HTX live order book, 59 min ago41.14 bp308.3 bp −$308doesn't fitdoesn't fitdoesn't fit

BTW price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.9333cheapest
edgeX0.9374+0.441%Bybit0.9386+0.576%KuCoin0.9390+0.611%Gate0.9390+0.613%Binance0.9400+0.722%BingX0.9402+0.743%Aster0.9403+0.759%
MEXC0.9405+0.775%
Extended0.9405+0.776%Bitget0.9415+0.880%

BTW on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX BTW-USDTshort−0.769%+0.0100%4h$232K$586K10x
edgeX BTWUSDC−0.332%+0.2302%4h$348K$440K10xas long as short
Bybit BTWUSDT−0.198%+0.1894%4h$18.5M$23.8M10xas long as short
KuCoin BTWUSDTM−0.163%+0.1576%4h$9.0M$3.0M10xas long as short
Gate BTW_USDT−0.161%+0.2152%4h$4.1M$9.8M10xas long as short
Binance BTWUSDT−0.053%+0.2308%4h$133.2M$106.9M10xas long as short
BingX BTW-USDT−0.032%+0.1058%4h—$4.1M—as long as short
Aster BTWUSDT−0.016%+0.2126%4h$2.6M$1.7M5xas long as short
MEXC BTW_USDTlong0.000%+0.2304%4h$15.5M$4.4M20x
Extended BTW-USD+0.001%+0.2304%1h$44K$9K5xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BTWUSDT+0.104%+0.1530%4h$30.0M$7.8M5xas long as short