BTW funding rates and arbitrage
Updated 2026-11-11 23:54 UTC
Best BTW arbitrage after every cost
No BTW pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
BTW funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BingX | BTW-USDT | -0.2525% | 4 h | −553.0% | −9.6% | $719.5K | 2026-11-12 00:00 |
| OKX | BTW-USDT-SWAP | -0.3578% | 4 h | −783.6% | −56.8% | $1.2M | 2026-11-12 00:00 |
| Bitget | BTWUSDT | -0.3722% | 4 h | −815.1% | −18.2% | $28M | 2026-11-12 00:00 |
| HTX | BTW-USDT | -0.4900% | 4 h | −1073.1% | −8.1% | $99.2K | 2026-11-12 00:00 |
| Extended | BTW-USD | -0.1286% | 1 h | −1126.5% | −100.8% | $44.3K | 2026-11-12 00:00 |
| MEXC | BTW_USDT | -0.5145% | 4 h | −1126.8% | −84.3% | $2M | 2026-11-12 00:00 |
| Binance | BTWUSDT | -0.5145% | 4 h | −1126.8% | −84.4% | $16.1M | 2026-11-12 00:00 |
| Gate | BTW_USDT | -0.5173% | 4 h | −1132.9% | −47.4% | $10.5M | 2026-11-12 00:00 |
| Bitunix | BTWUSDT | -0.5196% | 4 h | −1137.9% | −83.5% | — | 2026-11-12 00:00 |
| Bybit | BTWUSDT | -0.5454% | 4 h | −1194.3% | −87.5% | $5.5M | 2026-11-12 00:00 |
| KuCoin | BTWUSDTM | -0.5609% | 4 h | −1228.4% | −52.8% | $3.9M | 2026-11-12 00:00 |
| Aster | BTWUSDT | -0.7923% | 4 h | −1735.2% | −84.8% | $2.3M | 2026-11-12 00:00 |
Cost to enter $10,000 of BTW
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | BTW_USDT | 6.8 bp | live order book |
| BingX | BTW-USDT | 13.9 bp | live order book |
| Bitunix | BTWUSDT | 16.2 bp * | live order book |
| Gate | BTW_USDT | 47.6 bp | live order book |
| HTX | BTW-USDT | 56.8 bp * | order-book snapshot, 12 min old |
| Extended | BTW-USD | 3.8 bp | top of book only |
| Gate | BTW_USDT (spot) | 30.0 bp | top of book only |
| Bitget | BTWUSDT (spot) | 30.2 bp | top of book only |
| Binance | BTWUSDT | book can't fill $10,000 | live order book |
| Bybit | BTWUSDT | book can't fill $10,000 | live order book |
| OKX | BTW-USDT-SWAP | book can't fill $10,000 | live order book |
| Bitget | BTWUSDT | book can't fill $10,000 | live order book |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on BTW
Questions
Is BTW funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no BTW pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest BTW funding rate?
BingX at −553.0% a year (-0.2525% every 4 h); the lowest is Aster at −1735.2%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.