Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Binance+0.052%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1911.909% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.312%+$31 · spread now +0.052%, 7d avg +0.132%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.080% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.132%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TWTUSDT | 0.5901 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $3.9M | $2.3M | 75x |
| Short | Gate TWT_USDT | 0.5904 | 0.0100 | get 0.0100% / 8h | 2h 14m | $269K | $106K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.052% → +0.132%
- −$8.04
- Slippage, 4 orders
- −$165.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$198.9
- Costs to cover
- 1.909%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 2 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, 7 min ago | 1.69 bp | 27.8 bp −$28 | 115.6 bp −$1,156 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 13.56 bp | 71.4 bp −$71 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TWTUSDTlong | +0.0100% | 4h | 0.5901 | long leg | $3.9M | $2.3M | 75x | |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5908 | +0.119% | $5.3M | $912K | 25x | as long as short |
| Gate TWT_USDTshort | +0.0100% | 8h | 0.5904 | +0.052% | $269K | $106K | 50x | |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5901 | +0.001% | $6.8M | $167K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5911 | +0.170% | $816K | $1.1M | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5904 | +0.052% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5901 | +0.005% | $226K | $1K | — | as long as short |
| BloFin TWT-USDT | +0.0131% | 4h | 0.5894 | −0.118% | $262K | $12K | 75x | as long as short |
Binance TWTUSDT
Gate TWT_USDT
Bybit TWTUSDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT
BloFin TWT-USDT