BTW: long Binance, short Bybit

Now

The BTW long opens on Binance at 1.714, the short on Bybit at 1.7292. The price difference (basis) is 0.89%; taker fees for opening and closing both legs are 0.22%; after them 0.67%: +$6.65 per $1,000.

The pair's funding is +0.077% per 8 hours (negative: the pair pays).

Data as of 2026-10-24 23:37 UTC. On the free plan data is a minute older; paid plans get real time. This text is always a minute older; the live view below refreshes every 5 seconds.

Transfer and fees

No coins move between the exchanges: both legs open in place and close together.

Verdict

The engine's verdict: “Risky”. Reasons: profit under $1; the exchange reports no 24h volume: nothing says anyone trades there.

History

Over 7 days the spread on Binance → Bybit opened 19 times; it usually lasts 2 min 27 s.

About this page

This page is one route: the prices of two exchanges, the spread before and after fees, the profit by the order books, the coin transfer status, a verdict and the spread's history. Below are the live chart for 6 hours, 24 hours, 7 and 30 days, both exchanges' order books and the trade step by step. A spread after fees is not the profit: the books' depth, the withdrawal fee and the time the coins are in transit all count.