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: Bybit against Gate−0.085%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2012.008% 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)−0.076%−$8 · spread now −0.085%, 7d avg −0.039%
Together, before fees−0.083%−$8 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: Bybit is 0.046% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TWT_USDT0.58970.0100pay 0.0100% / 8h11m 50s$268K$104K50x
ShortBybit TWTUSDT0.58920.0100get 0.0050% / 4h11m 50s$5.3M$906K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.085% → −0.039%
−$4.59
Slippage, 4 orders
−$174.79
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$205.38
Costs to cover
2.008%
Break-even
never at this rate
Slippage from Gate: live order book, 60 min ago; Bybit: live order book, 1 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 Gate live order book, 60 min ago6.80 bp68.6 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.39 bp34.8 bp −$35134.9 bp −$1,349doesn'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%4h0.5890−0.118%$3.9M$2.2M75xas long as short
Bybit TWTUSDTshort+0.0100%4h0.5892−0.085%$5.3M$906K25x
Gate TWT_USDTlong+0.0100%8h0.5897long leg$268K$104K50x
MEXC TWT_USDT+0.0100%4h0.5890−0.119%$6.8M$155K125xas long as short
KuCoin TWTUSDTM+0.0100%4h0.5896−0.025%$812K$1.0M30xas long as short
BingX TWT-USDT+0.0100%4h0.5893−0.068%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5893−0.074%$225K$830as long as short
BloFin TWT-USDT+0.0131%4h0.5894−0.051%$259K$12K75xas long as short