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

TWT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit+0.136%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1981.981% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.136%, 7d avg +0.039%
Together, before fees+0.032%+$3 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: Gate is 0.097% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TWTUSDT0.58960.0100pay 0.0050% / 4h32m 39s$5.3M$906K25x
ShortGate TWT_USDT0.59040.0100get 0.0100% / 8h32m 39s$268K$104K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.136% → +0.039%
$9.68
Slippage, 4 orders
−$172.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$188.47
Costs to cover
1.981%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 39 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 Bybit live order book, 5 min ago2.55 bp30.3 bp −$30130.4 bp −$1,304doesn't fitdoesn't fit
Sell Gate live order book, 39 min ago6.80 bp67.4 bp −$67doesn't fitdoesn'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 TWTUSDT+0.0100%4h0.5895−0.017%$3.9M$2.2M75xas long as short
Bybit TWTUSDTlong+0.0100%4h0.5896long leg$5.3M$906K25x
Gate TWT_USDTshort+0.0100%8h0.5904+0.136%$268K$104K50x
MEXC TWT_USDT+0.0100%4h0.5894−0.034%$6.8M$154K125xas long as short
KuCoin TWTUSDTM+0.0100%4h0.5903+0.119%$812K$1.0M30xas long as short
BingX TWT-USDT+0.0100%4h0.5895−0.017%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5894−0.028%$226K$830as long as short
BloFin TWT-USDT+0.0129%4h0.5898+0.034%$260K$12K75xas long as short