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: MEXC against KuCoin−0.115%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2482.481% 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+0.116%+$12 · spread now −0.115%, 7d avg −0.005%
Together, before fees+0.137%+$14 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: MEXC is 0.110% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TWTUSDTM0.58960.0100pay 0.0050% / 4h25m 03s$812K$1.0M30x
ShortMEXC TWT_USDT0.58890.0100get 0.0050% / 4h25m 03s$6.8M$155K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.115% → −0.005%
−$11.03
Slippage, 4 orders
−$228.14
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$259.17
Costs to cover
2.481%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 3 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, 5 min ago2.54 bp111.5 bp −$112351.1 bp −$3,511doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.70 bp21.0 bp −$2156.7 bp −$567107.6 bp −$10.8Kdoesn'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+0.0059%4h0.5899+0.054%$260K$12K75xas long as short
Binance TWTUSDT+0.0100%4h0.5888−0.132%$3.9M$2.2M75xas long as short
Bybit TWTUSDT+0.0100%4h0.5891−0.081%$5.3M$906K25xas long as short
Gate TWT_USDT+0.0100%8h0.5897+0.020%$268K$104K50xas long as short
MEXC TWT_USDTshort+0.0100%4h0.5889−0.115%$6.8M$155K125x
KuCoin TWTUSDTMlong+0.0100%4h0.5896long leg$812K$1.0M30x
BingX TWT-USDT+0.0100%4h0.5890−0.098%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5895−0.017%$226K$830as long as short