BTW funding rates and arbitrage
Updated 2026-10-29 14:57 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 |
|---|---|---|---|---|---|---|---|
| Gate | BTW_USDT | 0.0104% | 4 h | +22.8% | −1112.9% | $15.8M | 2026-10-29 16:00 |
| Extended | BTW-USD | 0.0013% | 1 h | +11.4% | −1104.7% | $72.1K | 2026-10-29 15:00 |
| Bybit | BTWUSDT | 0.0051% | 4 h | +11.1% | −1005.7% | $13.7M | 2026-10-29 16:00 |
| KuCoin | BTWUSDTM | 0.0050% | 4 h | +10.9% | −1087.6% | $5.8M | 2026-10-29 16:00 |
| Bitunix | BTWUSDT | 0.0050% | 4 h | +10.9% | −1159.8% | — | 2026-10-29 16:00 |
| MEXC | BTW_USDT | 0.0050% | 4 h | +10.9% | −1138.3% | $7.3M | 2026-10-29 16:00 |
| OKX | BTW-USDT-SWAP | 0.0050% | 4 h | +10.9% | −1179.3% | $3.4M | 2026-10-29 16:00 |
| Bitget | BTWUSDT | 0.0050% | 4 h | +10.9% | −1084.6% | $48.1M | 2026-10-29 16:00 |
| Binance | BTWUSDT | 0.0050% | 4 h | +10.9% | −1130.2% | $33.5M | 2026-10-29 16:00 |
| BingX | BTW-USDT | 0.0040% | 4 h | +8.8% | −1067.0% | $2.2M | 2026-10-29 16:00 |
| Aster | BTWUSDT | -0.0172% | 4 h | −37.7% | −1137.2% | $400.6K | 2026-10-29 16:00 |
| HTX | BTW-USDT | -0.0452% | 4 h | −98.9% | −1126.5% | $407.9K | 2026-10-29 16:00 |
Cost to enter $10,000 of BTW
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Gate | BTW_USDT | 63.0 bp | order-book snapshot, 38 min old |
| HTX | BTW-USDT | 124.3 bp * | order-book snapshot, 32 min old |
| MEXC | BTW_USDT | 0.6 bp | top of book only |
| Extended | BTW-USD | 4.3 bp | top of book only |
| OKX | BTW-USDT-SWAP | 5.3 bp | top of book only |
| Binance | BTWUSDT | 5.6 bp | top of book only |
| BingX | BTW-USDT | 5.9 bp | top of book only |
| Bybit | BTWUSDT | 7.9 bp | top of book only |
| Aster | BTWUSDT | 9.7 bp | top of book only |
| Bitget | BTWUSDT | 11.1 bp | top of book only |
| Bitget | BTWUSDT (spot) | 13.5 bp | top of book only |
| Gate | BTW_USDT (spot) | 21.5 bp | top of book only |
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?
Gate at +22.8% a year (0.0104% every 4 h); the lowest is HTX at −98.9%. 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.