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

TWT

all TWT markets
SwapBacktest
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: Binance against KuCoin−0.236%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3123.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days+0.193%+$19 · spread now −0.236%, 7d avg −0.012%
Together, before fees+0.214%+$21 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: Binance is 0.224% cheaper against KuCoin than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TWTUSDTM0.59170.0100pay 0.0050% / 4h2h 23m$816K$1.1M30x
ShortBinance TWTUSDT0.59030.0100get 0.0050% / 4h2h 23m$3.9M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.236% → −0.012%
−$22.36
Slippage, 4 orders
−$290.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$334.77
Costs to cover
3.124%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 13 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 KuCoin live order book, 2 min ago8.46 bp133.0 bp −$133332.7 bp −$3,327doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.85 bp27.9 bp −$28107.4 bp −$1,074doesn'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 TWTUSDTshort+0.0100%4h0.5903−0.236%$3.9M$2.3M75x
Bybit TWTUSDT+0.0100%4h0.5910−0.115%$5.3M$917K25xas long as short
Gate TWT_USDT+0.0100%8h0.5912−0.081%$269K$106K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5904−0.216%$6.9M$166K125xas long as short
KuCoin TWTUSDTMlong+0.0100%4h0.5917long leg$816K$1.1M30x
BingX TWT-USDT+0.0100%4h0.5913−0.064%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5912−0.085%$226K$1Kas long as short
BloFin TWT-USDT+0.0102%4h0.5908−0.149%$263K$12K75xas long as short