Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Gate−0.026%7-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 0.026% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TWLO_USDT | 266.05 | 0 | get 0.0000% / 8h | 3h 50m | $75K | $4K | 20x |
| Short | BloFin TWLO-USDT | 265.98 | −0.0028 | pay 0.0028% / 8h | 3h 50m | $52K | $10K | 20x |
Gate TWLO_USDT
BloFin TWLO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$5.83
- Price spread: −0.026% → 0.000%
- −$2.63
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.46
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; 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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Gate and 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 | −0.0028% | 8h | 265.98 | −0.026% | $52K | $10K | 20x | |
| OKX TWLO-USDT-SWAP | 0.0000% | 8h | 265.46 | −0.222% | $99K | $87K | 20x | as long as short |
| Gate TWLO_USDTlong | 0.0000% | 8h | 266.05 | long leg | $75K | $4K | 20x | |
| Bitget TWLOUSDT | 0.0000% | 8h | 266.17 | +0.045% | $457K | $293K | 20x | as long as short |
| HTX TWLO-USDT | +0.0100% | 8h | 265.34 | −0.267% | $5K | $42K | 10x | as long as short |
OKX TWLO-USDT-SWAP
Bitget TWLOUSDT
HTX TWLO-USDT