Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against BloFin+0.169%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.169%, 7d avg +0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.115% dearer against BloFin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TWT-USDT | 0.5915 | 0.0092 | pay 0.0046% / 4h | 3h 38m | $260K | $12K | 75x |
| Short | BingX TWT-USDT | 0.5925 | 0.0100 | get 0.0050% / 4h | 3h 38m | — | $2.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $1.73
- Price spread: +0.169% → +0.054%
- $11.51
- Slippage, 4 orders
- −$70.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$79.49
- Costs to cover
- 0.927%
- Break-even
- 327.9 days
Slippage from BloFin: live order book, 27 min ago; BingX: live order book, 6 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 BloFin live order book, 27 min ago | 1.70 bp | 18.1 bp −$18 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.07 bp | 26.4 bp −$26 | 75.6 bp −$756 | 379.6 bp −$38.0K | 499.6 bp −$249.8K |
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-USDTlong | +0.0092% | 4h | 0.5915 | long leg | $260K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5918 | +0.051% | $4.0M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5919 | +0.068% | $5.3M | $890K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5919 | +0.068% | $270K | $104K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5918 | +0.051% | $6.9M | $154K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5922 | +0.122% | $817K | $1.0M | 30x | as long as short |
| BingX TWT-USDTshort | +0.0100% | 4h | 0.5925 | +0.169% | — | $2.5M | — | |
| Variational Omni TWT | +0.0100% | 4h | 0.5920 | +0.086% | $226K | $830 | — | as long as short |
BloFin TWT-USDT
BingX TWT-USDT
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
Variational Omni TWT