Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Binance−0.228%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$980.979% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.228%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.222% cheaper against Binance than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TWTUSDT | 0.5826 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $3.8M | $2.2M | 75x |
| Short | BloFin TWT-USDT | 0.5813 | 0.0076 | get 0.0038% / 4h | 2h 20m | $249K | $12K | 75x |
Binance TWTUSDT
BloFin TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.03
- Price spread: −0.228% → −0.006%
- −$22.22
- Slippage, 4 orders
- −$75.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$125.14
- Costs to cover
- 0.979%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 61 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 16 min ago | 1.72 bp | 20.6 bp −$21 | 108.6 bp −$1,086 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 61 min ago | 1.72 bp | 31.8 bp −$32 | 85.1 bp −$851 | doesn't fit | doesn't fit |
TWT on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TWT-USDTshort | +0.0076% | 4h | 0.5813 | −0.228% | $249K | $12K | 75x | |
| Binance TWTUSDTlong | +0.0100% | 4h | 0.5826 | long leg | $3.8M | $2.2M | 75x | |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5829 | +0.046% | $5.2M | $863K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5822 | −0.074% | $262K | $106K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5827 | +0.012% | $6.7M | $164K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5824 | −0.040% | $820K | $828K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5824 | −0.040% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5821 | −0.091% | $222K | $1K | — | as long as short |
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT