Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

TWST

RWAAll TWST markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceTWSTUSDT
181.43+0.0804pay 0.0804% / 8h3h 41m$66K$1.2M20xLong Binance
SHORT
BybitTWSTUSDT
181.83+0.0249get 0.0249% / 8h3h 41m$37K$89K25xShort Bybit
Price gap+0.219%
Funding gap−0.0555% /8h

The gap pays +$22 on $10k if it goes back to zero (no 7-day history yet), but funding costs $17 a day and eats that in about 32 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0555% /8h now · no funding history yet
Price—spread +0.219% now · no price history on both exchanges yet
Costsno datano order book for Bybit
Result, before costs—no pointsneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Bybit price against Binancenow
RANGE STATS · 7D
Now+0.219%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

TWST on 3 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Bybit: its slippage is not counted.
  • Note: Margin at max leverage$500 + $400
    Binance 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$16.65Long Binance: 3 payments, −$24.11; short Bybit: 3 payments, +$7.46.
  • Note: No 7-day spread history+0.219%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$37K vs $66K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · Bybit Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$116.53
Price spread+0.219% → 0+$21.95
Slippage, 4 ordersno data for Bybit—
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$115.59
Costs to cover0.210%Break-evenfrom the start
Slippage: Binance: live order book, 11 min ago; Bybit: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance8.0038.9 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit—————

Closing costs about the same again.
Bybit: no data.

Alert

TWST news

posts that mention TWST, from every exchangeSearch all news →
09-29 12:00GateListingnew market TWST_USDT ($TWST) seen by our collector
09-29 10:00GateOtherTrade $TWST: Trade $CVNA: Trade $RUM: @Gate on X ↗
09-29 10:00GateListingGate Futures Stocks Section Initial Listing: $TWST (Twist Bioscience Corporation), $CVNA (Carvana Co.), $RUM (RUM Group Inc.) and 6 futures in total. 🔹 Trading Pairs: $TWST / $USDT, $CVNA / $USDT, $RUM / $USDT & 3 more 🔹 Trading Starts: September 29th, 2026 12:00PM (UTC) 🔹 Supports 1 – 20x Leverage, Bots, and Copy Trading 🔹 Gate currently supports trading of 465 stock futures More details: @Gate on X ↗
09-29 08:59BybitListingnew market TWSTUSDT ($TWST) seen by our collector
09-28 09:49BinanceListingnew market TWSTUSDT ($TWST) seen by our collector