BTW funding rates
BTW funding is -0.4154% per 4h on Bybit right now, -909.8% annualized; 8 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Bitget | 1.7526 | 1.7687 | -0.9126% | -0.3523% | -771.5% | 4h | 11:59 AM UTC |
 Aster | 1.7578 | 1.7703 | -0.7021% | -0.3628% | -794.4% | 4h | 11:59 AM UTC |
 Gate | 1.7602 | 1.7707 | -0.5918% | -0.3697% | -809.6% | 4h | 11:59 AM UTC |
 KuCoin | 1.7586 | 1.7730 | -0.8158% | -0.3776% | -826.9% | 4h | 11:59 AM UTC |
 Binance | 1.7553 | 1.7708 | -0.8746% | -0.3886% | -851.0% | 4h | 11:59 AM UTC |
 MEXC | 1.7547 | 1.7683 | -0.7691% | -0.3899% | -853.9% | 4h | 11:59 AM UTC |
 BingX | 1.7542 | 1.7540 | +0.0114% | -0.3996% | -875.1% | 4h | 11:59 AM UTC |
 Bybit | 1.7669 | 1.7723 | -0.3064% | -0.4154% | -909.8% | 4h | 11:59 AM UTC |
Top pairings for BTW
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| BingX perp 1.7542 | Bybit perp 1.7669 | perp-perp | -0.100% | Open in scanner |
| MEXC perp 1.7547 | Bybit perp 1.7669 | perp-perp | -0.151% | Open in scanner |
| Binance perp 1.7553 | Bybit perp 1.7669 | perp-perp | -0.158% | Open in scanner |
| Bitget perp 1.7526 | Bybit perp 1.7669 | perp-perp | -0.379% | Open in scanner |
| Aster perp 1.7578 | Bybit perp 1.7669 | perp-perp | -0.312% | Open in scanner |
35 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where BTW trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 2190 for an 4h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.