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

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.068%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1000.998% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 7 days+0.089%+$9 · spread now −0.068%, 7d avg +0.030%
Together, before fees+0.114%+$11 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: BingX is 0.098% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TWT_USDT0.58790.0100pay 0.0050% / 4h2h 49m$6.8M$152K125x
ShortBingX TWT-USDT0.58750.0100get 0.0050% / 4h2h 49m$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: −0.068% → +0.030%
−$9.78
Slippage, 4 orders
−$81.78
Fee MEXC: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$109.56
Costs to cover
0.998%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 14 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 MEXC live order book, 3 min ago1.70 bp15.8 bp −$1655.7 bp −$55796.2 bp −$9,622doesn't fit
Sell BingX live order book, 14 min ago2.54 bp28.7 bp −$2974.7 bp −$747376.0 bp −$37.6K480.2 bp −$240.1K

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%4h0.5879−0.003%$3.9M$2.2M75xas long as short
Bybit TWTUSDT+0.0100%4h0.5876−0.051%$5.3M$895K25xas long as short
Gate TWT_USDT+0.0100%8h0.5876−0.051%$267K$103K50xas long as short
MEXC TWT_USDTlong+0.0100%4h0.5879long leg$6.8M$152K125x
KuCoin TWTUSDTM+0.0100%4h0.5873−0.102%$814K$982K30xas long as short
BingX TWT-USDTshort+0.0100%4h0.5875−0.068%$2.5M
Variational Omni TWT+0.0100%4h0.5869−0.177%$224K$1Kas long as short
BloFin TWT-USDT+0.0105%4h0.5871−0.136%$258K$12K75xas long as short