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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.003%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3233.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days−0.021%−$2 · spread now −0.003%, 7d avg −0.046%
Together, before fees−0.061%−$6 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: KuCoin 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 −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TWTUSDT0.58800.0100pay 0.0050% / 4h1h 29m$5.3M$912K25x
ShortKuCoin TWTUSDTM0.58800.0100get 0.0050% / 4h1h 29m$811K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.003% → −0.046%
$4.21
Slippage, 4 orders
−$300.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$318.84
Costs to cover
3.231%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: 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 Bybit live order book, 3 min ago3.40 bp40.1 bp −$40179.2 bp −$1,792doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.25 bp107.6 bp −$108404.6 bp −$4,046doesn'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
BloFin TWT-USDT+0.0047%4h0.5875−0.085%$260K$12K75xas long as short
Binance TWTUSDT+0.0100%4h0.5875−0.085%$3.9M$2.2M75xas long as short
Bybit TWTUSDTlong+0.0100%4h0.5880long leg$5.3M$912K25x
Gate TWT_USDT+0.0100%8h0.5881+0.017%$268K$103K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5875−0.085%$6.8M$157K125xas long as short
KuCoin TWTUSDTMshort+0.0100%4h0.5880−0.003%$811K$1.1M30x
BingX TWT-USDT+0.0100%4h0.5879−0.017%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5880−0.004%$225K$830as long as short