Settings8H · net · $10k
Funding arb · Price arb /

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX0.000%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 7 days−0.024%−$2 · spread now 0.000%, 7d avg −0.037%
Together, before fees−0.049%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.037% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TWT-USDT0.58950.0100pay 0.0050% / 4h32m 30s$2.5M
ShortBinance TWTUSDT0.58950.0100get 0.0050% / 4h32m 30s$3.9M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.037%
$3.72
Slippage, 4 orders
−$88.24
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$104.52
Costs to cover
1.082%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago3.39 bp27.0 bp −$2769.0 bp −$690409.8 bp −$41.0K502.4 bp −$251.2K
Sell Binance live order book, 4 min ago0.85 bp26.0 bp −$26102.2 bp −$1,022doesn't fitdoesn't fit

TWT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TWTUSDTshort+0.0100%4h0.58950.000%$3.9M$2.2M75x
Bybit TWTUSDT+0.0100%4h0.5896+0.017%$5.3M$906K25xas long as short
Gate TWT_USDT+0.0100%8h0.5904+0.153%$268K$104K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5894−0.017%$6.8M$154K125xas long as short
KuCoin TWTUSDTM+0.0100%4h0.5903+0.136%$812K$1.0M30xas long as short
BingX TWT-USDTlong+0.0100%4h0.5895long leg$2.5M
Variational Omni TWT+0.0100%4h0.5894−0.011%$226K$830as long as short
BloFin TWT-USDT+0.0129%4h0.5898+0.051%$260K$12K75xas long as short