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

TWLO

RWAall TWLO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.85 per $10,000 · paid last 24h +0.033%
Price spread now: HTX against BloFin−0.214%59s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. HTX is 0.214% cheaper against BloFin than usual: you would sell low and buy high (spread −0.214% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 8.4 days of funding at the current rate (+$3 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TWLO-USDT266.050.0015pay 0.0015% / 8h1h 18m$52K$10K20x
ShortHTX TWLO-USDT265.480.0100get 0.0100% / 8h1h 18m$5K$43K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
$17.89
Price spread: −0.214% → 0.000%
−$21.42
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$27.53
Costs to cover
0.240%
Break-even
17.8 days
Slippage unknown: BloFin: no order-book sample; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell HTX no order-book sample
BloFin and HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TWLO-USDT-SWAP0.0000%8h264.68−0.515%$99K$87K20xas long as short
Gate TWLO_USDT0.0000%8h265.88−0.064%$75K$3K20xas long as short
Bitget TWLOUSDT0.0000%8h266.01−0.015%$459K$294K20xas long as short
BloFin TWLO-USDTlong+0.0015%8h266.05long leg$52K$10K20x
HTX TWLO-USDTshort+0.0100%8h265.48−0.214%$5K$43K10x