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−0.0128%/8h= −14.0% APRnext payment $1.28 per $10,000 · paid last 24h −0.033%
Price spread now: BloFin against HTX−0.345%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.345% cheaper against HTX than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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
LongHTX TWLO-USDT266.380.0100pay 0.0100% / 8h2h 51m$5K$42K10x
ShortBloFin TWLO-USDT265.46−0.0028pay 0.0028% / 8h2h 51m$52K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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
−$26.88
Price spread: −0.345% → 0.000%
−$34.54
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$85.42
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell BloFin no order-book sample
HTX 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TWLO-USDTshort−0.0028%8h265.46−0.345%$52K$10K20x
OKX TWLO-USDT-SWAP0.0000%8h265.96−0.158%$100K$87K20xas long as short
Gate TWLO_USDT0.0000%8h266.02−0.135%$75K$4K20xas long as short
Bitget TWLOUSDT0.0000%8h266.03−0.131%$459K$294K20xas long as short
HTX TWLO-USDTlong+0.0100%8h266.38long leg$5K$42K10x