Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against BloFin+0.616%65s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Bitget is 0.616% dearer against BloFin than usual: you sell high and buy low (spread +0.616% now, against zero (this spread has no 7-day history yet)): +$62 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 65 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 | BloFin TWLO-USDT | 264.67 | 0.0029 | pay 0.0029% / 8h | 40m 15s | $52K | $10K | 20x |
| Short | Bitget TWLOUSDT | 266.30 | 0 | get 0.0000% / 8h | 40m 15s | $461K | $297K | 20x |
BloFin TWLO-USDT
Bitget TWLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$6.05
- Price spread: +0.616% → 0.000%
- $61.59
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $31.54
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 56 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 56 min ago | 6.96 bp | 18.2 bp −$18 | 33.2 bp −$332 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TWLO-USDT-SWAP | 0.0000% | 8h | 265.96 | +0.487% | $100K | $87K | 20x | as long as short |
| Gate TWLO_USDT | 0.0000% | 8h | 266.21 | +0.582% | $75K | $3K | 20x | as long as short |
| Bitget TWLOUSDTshort | 0.0000% | 8h | 266.30 | +0.616% | $461K | $297K | 20x | |
| BloFin TWLO-USDTlong | +0.0029% | 8h | 264.67 | long leg | $52K | $10K | 20x | |
| HTX TWLO-USDT | +0.0100% | 8h | 265.65 | +0.370% | $5K | $43K | 10x | as long as short |
OKX TWLO-USDT-SWAP
Gate TWLO_USDT
HTX TWLO-USDT