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BTW perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-11-10 22:27 UTC

BTW is quoted on 6 contracts. The highest funding rate is on Aster at +10.95% annualised, quoted per 4h, and the lowest is on OKX at -153.01% — a gap of 163.96 points. Every contract here quotes its rate per 4h.

Highest rate now
+10.95%
Aster · 4h
Lowest rate now
-153.01%
OKX · 4h
Spread
163.96
points
Highest 30d realised APR
-297.84%
Bybit

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
AsterOn-chainBTWUSDT +0.0050%4h +10.95% -335.34%
Annualised · -335.34% · range -4131.0% … +180.7% · 179 settlements
5x 3.0M
BitgetCentralisedBTWUSDT +0.0050%4h +10.95% -305.38%
Annualised · -305.38% · range -4152.9% … +11.0% · 179 settlements
5x 5.6M
GateCentralisedBTW_USDT +0.0050%4h +10.95% -318.78%
Annualised · -318.78% · range -4113.3% … +120.9% · 179 settlements
10x 15.8M
BinanceCentralisedBTWUSDT +0.0008%4h +1.75% -334.80%
Annualised · -334.80% · range -4132.3% … +27.4% · 179 settlements
10x 68.2M
BybitCentralisedBTWUSDT -0.0472%4h -103.28% -297.84%
Annualised · -297.84% · range -4069.0% … +108.8% · 179 settlements
10x 14.4M
OKXCentralisedBTW-USDT-SWAP -0.0699%4h -153.01% -434.10%
Annualised · -434.10% · range -8535.5% … +108.8% · 182 settlements
10x 14.0M

Common questions

Which exchanges list BTW perpetual futures?

BTW trades as 6 perpetual contracts across 6 venues: Aster, Binance, Bitget, Bybit, Gate and OKX. The busiest is Binance, with $68.2M of 24h turnover — 56% of the total.

Where is BTW funding cheapest right now?

For a long, the most favourable collected rate is -153.01% annualised on OKX; for a short, it is +10.95% on Aster — a gap of 163.96 points. Venues disagree on direction: a long is paid on OKX but pays on Aster.

How much funding does a 10,000 USDT BTW position pay per day?

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Aster and -41.92 USDT on OKX. Over the past 30 days Aster actually settled an average of -91.87 USDT a day on the same position. A negative figure means the long is paid.

How often does BTW funding settle?

Every venue collected here settles BTW funding every 4h, 6 times a day.

What has BTW funding actually paid over the past 30 days?

The highest realised figure was on Bybit: -297.84% annualised across 179 settlements, 40% of them negative. The lowest was OKX, at -434.10%. 6 of the 6 contracts have at least a week of settled history to measure.

What is the highest leverage available on BTW?

The highest collected cap is 10x, on Binance, Bybit, Gate and OKX. On Binance it applies up to 15K USDT of notional; above that the cap drops to 5x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

BTW comparison scope and payment direction

Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

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Margin ladders

Aster · BTWUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 500000 quote 10.0000% 5.00x —
2 500000 – 1000000 quote 12.5000% 4.00x 12500
3 1000000 – 2500000 quote 16.6700% 3.00x 54200
4 2500000 – 5000000 quote 25.0000% 2.00x 262450
5 5000000 – 1000000000 quote 50.0000% 1.00x 1512450

Bitget · BTWUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 10.0000% 5.00x —
2 5000 – 10000 quote 12.5000% 4.00x —
3 10000 – 50000 quote 17.0000% 3.00x —
4 50000 – 500000 quote 30.0000% 2.00x —
5 500000 – ∞ quote 60.0000% 1.00x —

Gate · BTW_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 8.0000% 10.00x —
2 5000 – 10000 quote 9.0000% 9.00x 50
3 10000 – 20000 quote 10.0000% 8.00x 150
4 20000 – 30000 quote 12.0000% 7.00x 550
5 30000 – 50000 quote 14.0000% 6.00x 1150
6 50000 – 70000 quote 17.0000% 5.00x 2650
7 70000 – 100000 quote 22.0000% 4.00x 6150
8 100000 – 200000 quote 30.0000% 3.00x 14150
9 200000 – 300000 quote 45.0000% 2.00x 44150
10 300000 – 500000 quote 50.0000% 1.80x 59150
11 500000 – 700000 quote 60.0000% 1.50x 109150
12 700000 – 1000000 quote 70.0000% 1.33x 179150
13 1000000 – 1500000 quote 78.0000% 1.20x 259150
14 1500000 – ∞ quote 90.0000% 1.05x 439150

Binance · BTWUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 15000 quote 5.0000% 10.00x —
2 15000 – 50000 quote 10.0000% 5.00x 750
3 50000 – 150000 quote 12.5000% 4.00x 2000
4 150000 – 250000 quote 16.6700% 3.00x 8255
5 250000 – 2500000 quote 25.0000% 2.00x 29080
6 2500000 – 5000000 quote 50.0000% 1.00x 654080

Bybit · BTWUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 5.0000% 10.00x —
2 10000 – 25000 quote 6.2500% 8.00x 125
3 25000 – 50000 quote 10.0000% 5.00x 1062.5
4 50000 – 100000 quote 12.5000% 4.00x 2312.5
5 100000 – 250000 quote 20.0000% 2.50x 9812.5
6 250000 – 800000 quote 25.0000% 2.00x 22312.5
7 800000 – ∞ quote 50.0000% 1.00x 222312.5

OKX · BTW-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1800 base 2.0000% 10.00x —
2 1801 – 3600 base 4.0000% 8.00x —
3 3601 – 5400 base 5.0000% 5.00x —
4 5401 – 10800 base 5.5000% 4.88x —
5 10801 – 16200 base 6.0000% 4.76x —
6 16201 – 21600 base 6.5000% 4.65x —
7 21601 – 27000 base 7.0000% 4.55x —
8 27001 – 32400 base 7.5000% 4.44x —
9 32401 – 37800 base 8.0000% 4.35x —
10 37801 – 43200 base 8.5000% 4.26x —
11 43201 – 48600 base 9.0000% 4.17x —
12 48601 – 54000 base 9.5000% 4.08x —
13 54001 – 59400 base 10.0000% 4.00x —
14 59401 – 64800 base 10.5000% 3.92x —
15 64801 – 70200 base 11.0000% 3.85x —
16 70201 – 75600 base 11.5000% 3.77x —
17 75601 – 81000 base 12.0000% 3.70x —
18 81001 – 86400 base 12.5000% 3.64x —
19 86401 – 91800 base 13.0000% 3.57x —
20 91801 – 97200 base 13.5000% 3.51x —
21 97201 – 102600 base 14.0000% 3.45x —
22 102601 – 108000 base 14.5000% 3.39x —
23 108001 – 113400 base 15.0000% 3.33x —
24 113401 – 118800 base 15.5000% 3.28x —
25 118801 – 124200 base 16.0000% 3.23x —
26 124201 – 129600 base 16.5000% 3.17x —
27 129601 – 135000 base 17.0000% 3.12x —
28 135001 – 140400 base 17.5000% 3.08x —
29 140401 – 145800 base 18.0000% 3.03x —
30 145801 – 151200 base 18.5000% 2.99x —
31 151201 – 156600 base 19.0000% 2.94x —
32 156601 – 162000 base 19.5000% 2.90x —
33 162001 – 167400 base 20.0000% 2.86x —
34 167401 – 172800 base 20.5000% 2.82x —
35 172801 – 178200 base 21.0000% 2.78x —
36 178201 – 183600 base 21.5000% 2.74x —
37 183601 – 189000 base 22.0000% 2.70x —
38 189001 – 194400 base 22.5000% 2.67x —
39 194401 – 199800 base 23.0000% 2.63x —
40 199801 – 205200 base 23.5000% 2.60x —
41 205201 – 210600 base 24.0000% 2.56x —
42 210601 – 216000 base 24.5000% 2.53x —
43 216001 – 221400 base 25.0000% 2.50x —
44 221401 – 226800 base 25.5000% 2.47x —
45 226801 – 232200 base 26.0000% 2.44x —
46 232201 – 237600 base 26.5000% 2.41x —
47 237601 – 243000 base 27.0000% 2.38x —
48 243001 – 248400 base 27.5000% 2.35x —
49 248401 – 253800 base 28.0000% 2.33x —
50 253801 – 259200 base 28.5000% 2.30x —
51 259201 – 264600 base 29.0000% 2.27x —
52 264601 – 270000 base 29.5000% 2.25x —
53 270001 – 275400 base 30.0000% 2.22x —
54 275401 – 280800 base 30.5000% 2.20x —
55 280801 – 286200 base 31.0000% 2.17x —
56 286201 – 291600 base 31.5000% 2.15x —
57 291601 – 297000 base 32.0000% 2.13x —
58 297001 – 302400 base 32.5000% 2.11x —
59 302401 – 307800 base 33.0000% 2.08x —
60 307801 – 313200 base 33.5000% 2.06x —
61 313201 – 318600 base 34.0000% 2.04x —
62 318601 – 324000 base 34.5000% 2.02x —
63 324001 – 329400 base 35.0000% 2.00x —
64 329401 – 334800 base 35.5000% 1.98x —
65 334801 – 340200 base 36.0000% 1.96x —
66 340201 – 345600 base 36.5000% 1.94x —
67 345601 – 351000 base 37.0000% 1.92x —
68 351001 – 356400 base 37.5000% 1.90x —
69 356401 – 361800 base 38.0000% 1.89x —
70 361801 – 367200 base 38.5000% 1.87x —
71 367201 – 372600 base 39.0000% 1.85x —
72 372601 – 378000 base 39.5000% 1.83x —
73 378001 – 383400 base 40.0000% 1.82x —
74 383401 – 388800 base 40.5000% 1.80x —
75 388801 – 394200 base 41.0000% 1.79x —
76 394201 – 399600 base 41.5000% 1.77x —
77 399601 – 405000 base 42.0000% 1.75x —
78 405001 – 410400 base 42.5000% 1.74x —
79 410401 – 415800 base 43.0000% 1.72x —
80 415801 – 421200 base 43.5000% 1.71x —
81 421201 – 426600 base 44.0000% 1.69x —
82 426601 – 432000 base 44.5000% 1.68x —
83 432001 – 437400 base 45.0000% 1.67x —
84 437401 – 442800 base 45.5000% 1.65x —
85 442801 – 448200 base 46.0000% 1.64x —
86 448201 – 453600 base 46.5000% 1.63x —
87 453601 – 459000 base 47.0000% 1.61x —