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
BingXNCSKTWST2USD-USDT
186.67−0.1251get 0.1251% / 8h3h 03m$291K$1.2M—Long BingX
SHORT
BinanceTWSTUSDT
187.01−0.1279pay 0.1279% / 8h3h 03m$86K$775K20xShort Binance
Price gap+0.182%
Funding gap−0.0028% /8h

The gap pays +$17 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 21 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$0−0.0028% /8h now · paid +0.003% over the last 3 days (all we have)
Price+$17spread +0.182% now, avg +0.012% → +0.170% if it goes back
Costs−$2312.315% of $10k · taker + slippage, in and out
Result−$214−2.14%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.182%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

TWST on 8 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size61.4 / 76.2 bp
    At $10k entering Binance costs 76.2 bp, fee and slippage, 1.2× BingX’s.
  • Note: Margin at max leverage— + $500
    BingX —, Binance 20x. 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: −$0.83Long BingX: 3 payments, +$37.53; short Binance: 3 payments, −$38.36.
  • OK: Entry gap works for you+0.182% vs +0.012%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$86K vs $291K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Binance Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0004%/8h × 21 periods+$0.94
Price spread+0.182% → +0.012% (7d avg)+$17.00
Slippage, 4 orderslive order books−$213.46
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$213.51
Costs to cover2.315%Break-even1590.8 days
Slippage: BingX: live order book, 1 min ago; Binance: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX8.8561.4 bp−$61300.6 bp−$3,006doesn’t fitdoesn’t fit
SELL · SHORTBinance6.4176.2 bp−$76doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

TWST news

posts that mention TWST, from every exchangeSearch all news →
09-30 11:37BitgetListingnew market TWSTUSDT ($TWST) seen by our collector
09-30 10:38BloFinListingnew market TWST-USDT ($TWST) seen by our collector
09-30 10:06SunXListingnew market TWST-USDT ($TWST) seen by our collector
09-30 09:30BloFinListingBloFin Futures will list the $TWST-USDT and $CVNA-USDT Perpetual Contracts🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗
09-30 07:17HTXListingnew market TWST-USDT ($TWST) seen by our collector
09-29 12:00GateListingnew market TWST_USDT ($TWST) seen by our collector