Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bitget−0.071%75s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.071% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 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 | Bitget TWLOUSDT | 266.17 | 0 | get 0.0000% / 8h | 3h 53m | $457K | $293K | 20x |
| Short | BloFin TWLO-USDT | 265.98 | −0.0026 | pay 0.0026% / 8h | 3h 53m | $52K | $10K | 20x |
Bitget TWLOUSDT
BloFin TWLO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$5.37
- Price spread: −0.071% → 0.000%
- −$7.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36.51
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 57 min ago; BloFin: no order-book sample. Net counts fees only.
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 Bitget live order book, 57 min ago | 23.76 bp | 73.4 bp −$73 | 108.2 bp −$1,082 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TWLO on 5 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 TWLO-USDTshort | −0.0026% | 8h | 265.98 | −0.071% | $52K | $10K | 20x | |
| OKX TWLO-USDT-SWAP | 0.0000% | 8h | 266.26 | +0.034% | $100K | $87K | 20x | as long as short |
| Gate TWLO_USDT | 0.0000% | 8h | 266.20 | +0.011% | $75K | $4K | 20x | as long as short |
| Bitget TWLOUSDTlong | 0.0000% | 8h | 266.17 | long leg | $457K | $293K | 20x | |
| HTX TWLO-USDT | +0.0100% | 8h | 265.74 | −0.162% | $5K | $43K | 10x | as long as short |
OKX TWLO-USDT-SWAP
Gate TWLO_USDT
HTX TWLO-USDT