Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against MEXC+0.103%79s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.103%, 7d avg −0.012%
=The price spread pays, funding is against you. BloFin is 0.115% dearer against MEXC than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of −0.012%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.5 days. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TWT_USDT | 0.5802 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $6.7M | $157K | 125x |
| Short | BloFin TWT-USDT | 0.5808 | 0.0049 | get 0.0024% / 4h | 3h 01m | $250K | $12K | 75x |
MEXC TWT_USDT
BloFin TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$10.78
- Price spread: +0.103% → −0.012%
- $11.52
- Slippage, 4 orders
- −$60.38
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.65
- Costs to cover
- 0.804%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 20 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 MEXC live order book, 1 min ago | 0.86 bp | 18.1 bp −$18 | 52.8 bp −$528 | 92.0 bp −$9,201 | doesn't fit |
| Sell BloFin live order book, 20 min ago | 1.72 bp | 31.8 bp −$32 | 85.1 bp −$851 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TWT-USDTshort | +0.0049% | 4h | 0.5808 | +0.103% | $250K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5801 | −0.014% | $3.8M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5808 | +0.103% | $5.2M | $863K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5820 | +0.310% | $262K | $107K | 50x | as long as short |
| MEXC TWT_USDTlong | +0.0100% | 4h | 0.5802 | long leg | $6.7M | $157K | 125x | |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5808 | +0.098% | $825K | $851K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5810 | +0.138% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5815 | +0.224% | $222K | $1K | — | as long as short |
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT