Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against BloFin−0.051%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.051%, 7d avg +0.011%
=Funding pays, the price is against you. MEXC is 0.062% cheaper against BloFin than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.011%). If the spread goes back, that is −$6 on $10k: about 9.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TWT-USDT | 0.5848 | 0.0077 | pay 0.0038% / 4h | 44m 43s | $255K | $12K | 75x |
| Short | MEXC TWT_USDT | 0.5845 | 0.0100 | get 0.0050% / 4h | 44m 43s | $6.8M | $155K | 125x |
BloFin TWT-USDT
MEXC TWT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $4.84
- Price spread: −0.051% → +0.011%
- −$6.21
- Slippage, 4 orders
- −$51.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$72.55
- Costs to cover
- 0.712%
- Break-even
- 112.0 days
Slippage from BloFin: live order book, 54 min ago; MEXC: live order book, 3 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, 54 min ago | 1.71 bp | 20.5 bp −$21 | 59.0 bp −$590 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.86 bp | 15.2 bp −$15 | 56.2 bp −$562 | 101.2 bp −$10.1K | 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-USDTlong | +0.0077% | 4h | 0.5848 | long leg | $255K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5846 | −0.034% | $3.9M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5845 | −0.051% | $5.2M | $859K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5844 | −0.068% | $264K | $105K | 50x | as long as short |
| MEXC TWT_USDTshort | +0.0100% | 4h | 0.5845 | −0.051% | $6.8M | $155K | 125x | |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5847 | −0.017% | $817K | $895K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5845 | −0.051% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5843 | −0.087% | $223K | $1K | — | as long as short |
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT