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

TWLO

RWAall TWLO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.049%7-day average · you sell dearer than you buy
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 7 days+0.017%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.049% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TWLO-USDT-SWAP265.960get 0.0000% / 8h3h 00m$100K$87K20x
ShortBitget TWLOUSDT266.090get 0.0000% / 8h3h 00m$459K$294K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$0
Price spread: +0.049% → 0.000%
$4.89
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$17.11
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: no order-book sample; Bitget: live order book, 45 min ago. 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 OKX no order-book sample
Sell Bitget live order book, 45 min ago18.98 bp32.1 bp −$3250.4 bp −$504doesn't fitdoesn't fit
OKX: 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-SWAPlong0.0000%8h265.96long leg$100K$87K20x
Gate TWLO_USDT0.0000%8h266.16+0.075%$75K$4K20xas long as short
Bitget TWLOUSDTshort0.0000%8h266.09+0.049%$459K$294K20x
BloFin TWLO-USDT+0.0030%8h265.46−0.188%$52K$10K20xas long as short
HTX TWLO-USDT+0.0100%8h266.76+0.301%$5K$42K10xas long as short