# BTW funding rates and arbitrage

Updated 2026-10-29 18:00 UTC · https://afterfees.xyz/coin/BTW

## 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 |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | BTWUSDT | 0.0051% | 4 h | +11.1% | −1004.9% | $12M | 2026-10-29 20:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | BTWUSDTM | 0.0050% | 4 h | +10.9% | −1084.3% | $5.1M | 2026-10-29 20:00 |
| [OKX](https://afterfees.xyz/venues/okx) | BTW-USDT-SWAP | 0.0050% | 4 h | +10.9% | −1173.2% | $3M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | BTWUSDT | 0.0050% | 4 h | +10.9% | −1083.3% | $43.1M | 2026-10-29 20:00 |
| [Gate](https://afterfees.xyz/venues/gate) | BTW_USDT | 0.0016% | 4 h | +3.5% | −1110.0% | $13M | 2026-10-29 20:00 |
| [HTX](https://afterfees.xyz/venues/htx) | BTW-USDT | 0.0016% | 4 h | +3.4% | −1129.5% | $217K | 2026-10-29 20:00 |
| [Binance](https://afterfees.xyz/venues/binance) | BTWUSDT | -0.0051% | 4 h | −11.2% | −1127.5% | $29.1M | 2026-10-29 20:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | BTW_USDT | -0.0052% | 4 h | −11.4% | −1136.0% | $5.9M | 2026-10-29 20:00 |
| [Extended](https://afterfees.xyz/venues/extended) | BTW-USD | -0.0013% | 1 h | −11.4% | −1102.4% | $64.8K | 2026-10-29 19:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | BTW-USDT | -0.0053% | 4 h | −11.6% | −1061.5% | $1.7M | 2026-10-29 20:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | BTWUSDT | -0.0066% | 4 h | −14.4% | −1158.1% | — | 2026-10-29 20:00 |
| [Aster](https://afterfees.xyz/venues/aster) | BTWUSDT | -0.0205% | 4 h | −44.8% | −1135.6% | $338.7K | 2026-10-29 20:00 |

## Cost to enter $10,000 of BTW

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | BTW_USDT | 3.8 bp | live order book |
| OKX | BTW-USDT-SWAP | 18.5 bp | live order book |
| HTX | BTW-USDT | 67.5 bp * | order-book snapshot, 37 min old |
| Extended | BTW-USD | 4.0 bp | top of book only |
| BingX | BTW-USDT | 6.0 bp | top of book only |
| Binance | BTWUSDT | 6.6 bp | top of book only |
| Aster | BTWUSDT | 9.3 bp | top of book only |
| Bitget | BTWUSDT | 9.7 bp | top of book only |
| Bitget | BTWUSDT (spot) | 13.8 bp | top of book only |
| Gate | BTW_USDT (spot) | 23.0 bp | top of book only |
| KuCoin | BTWUSDTM | 26.4 bp | top of book only |
| Bybit | 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

- [BTW transfer arbitrage](https://afterfees.xyz/transfers/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?**

Bybit at +11.1% a year (0.0051% every 4 h); the lowest is Aster at −44.8%. 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._