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 Bybit−0.017%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1261.255% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.017%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TWTUSDT | 0.5903 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $5.3M | $923K | 25x |
| Short | Binance TWTUSDT | 0.5902 | 0.0100 | get 0.0050% / 4h | 2h 47m | $3.9M | $2.3M | 75x |
Bybit TWTUSDT
Binance TWTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.017% → −0.059%
- $4.2
- Slippage, 4 orders
- −$104.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$121.33
- Costs to cover
- 1.255%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 4.24 bp | 32.2 bp −$32 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.54 bp | 29.1 bp −$29 | 112.3 bp −$1,123 | 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 TWTUSDTshort | +0.0100% | 4h | 0.5902 | −0.017% | $3.9M | $2.3M | 75x | |
| Bybit TWTUSDTlong | +0.0100% | 4h | 0.5903 | long leg | $5.3M | $923K | 25x | |
| Gate TWT_USDT | +0.0100% | 8h | 0.5904 | +0.017% | $269K | $106K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5902 | −0.017% | $6.9M | $165K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5905 | +0.029% | $814K | $1.1M | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5900 | −0.051% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5904 | +0.009% | $226K | $1K | — | as long as short |
| BloFin TWT-USDT | +0.0130% | 4h | 0.5898 | −0.085% | $263K | $12K | 75x | as long as short |
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT
BloFin TWT-USDT