Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against KuCoin−0.201%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$2802.800% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.201%, 7d avg −0.082%
=Funding pays, the price is against you. BloFin is 0.119% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of −0.082%). If the spread goes back, that is −$12 on $10k: about 9.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.026% in total) that is about 32 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TWTUSDTM | 0.5869 | 0.0100 | pay 0.0050% / 4h | 22m 49s | $821K | $882K | 30x |
| Short | BloFin TWT-USDT | 0.5857 | 0.0144 | get 0.0072% / 4h | 22m 49s | $254K | $12K | 75x |
KuCoin TWTUSDTM
BloFin TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $9.16
- Price spread: −0.201% → −0.082%
- −$11.93
- Slippage, 4 orders
- −$255.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$282.76
- Costs to cover
- 2.800%
- Break-even
- 223.1 days
Slippage from KuCoin: live order book, 42 min ago; BloFin: live order book, 9 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 KuCoin live order book, 42 min ago | 2.56 bp | 133.9 bp −$134 | 465.3 bp −$4,653 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 0.85 bp | 31.2 bp −$31 | 72.2 bp −$722 | 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 TWTUSDT | +0.0100% | 4h | 0.5863 | −0.091% | $3.9M | $2.1M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5866 | −0.048% | $5.2M | $858K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5866 | −0.048% | $265K | $105K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5864 | −0.082% | $6.8M | $156K | 125x | as long as short |
| KuCoin TWTUSDTMlong | +0.0100% | 4h | 0.5869 | long leg | $821K | $882K | 30x | |
| BingX TWT-USDT | +0.0100% | 4h | 0.5866 | −0.048% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5860 | −0.151% | $224K | $1K | — | as long as short |
| BloFin TWT-USDTshort | +0.0144% | 4h | 0.5857 | −0.201% | $254K | $12K | 75x |
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
BingX TWT-USDT
Variational Omni TWT