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

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.068%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.860% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 days+0.068%+$7 · spread now −0.068%, 7d avg −0.030%
Together, before fees+0.044%+$4 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: MEXC is 0.039% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TWT-USDT0.58430.0100pay 0.0050% / 4h42m 51s$2.5M
ShortMEXC TWT_USDT0.58390.0100get 0.0050% / 4h42m 51s$6.8M$160K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.068% → −0.030%
−$3.85
Slippage, 4 orders
−$67.95
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$89.8
Costs to cover
0.860%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 5 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, 6 min ago2.57 bp23.9 bp −$2478.1 bp −$781421.5 bp −$42.2K503.6 bp −$251.8K
Sell MEXC live order book, 5 min ago0.86 bp18.9 bp −$1957.4 bp −$57494.0 bp −$9,400doesn'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
BloFin TWT-USDT+0.0066%4h0.5838−0.086%$248K$12K75xas long as short
Binance TWTUSDT+0.0100%4h0.5839−0.068%$3.8M$2.2M75xas long as short
Bybit TWTUSDT+0.0100%4h0.5842−0.017%$5.2M$847K25xas long as short
Gate TWT_USDT+0.0100%8h0.5845+0.034%$263K$104K50xas long as short
MEXC TWT_USDTshort+0.0100%4h0.5839−0.068%$6.8M$160K125x
KuCoin TWTUSDTM+0.0100%4h0.5848+0.094%$825K$785K30xas long as short
BingX TWT-USDTlong+0.0100%4h0.5843long leg$2.5M
Variational Omni TWT+0.0100%4h0.5845+0.032%$223K$1Kas long as short