Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.035%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now −0.035%, 7d avg +0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.094% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TWTUSDT | 0.5897 | 0.0100 | pay 0.0050% / 4h | 26m 26s | $3.9M | $2.2M | 75x |
| Short | Bybit TWTUSDT | 0.5895 | 0.0100 | get 0.0050% / 4h | 26m 26s | $5.3M | $906K | 25x |
Binance TWTUSDT
Bybit TWTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.035% → +0.058%
- −$9.38
- Slippage, 4 orders
- −$95.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$126.25
- Costs to cover
- 1.169%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 1 min ago.
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 Binance live order book, 10 min ago | 0.85 bp | 26.9 bp −$27 | 113.2 bp −$1,132 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.55 bp | 30.4 bp −$30 | 133.2 bp −$1,332 | doesn't fit | doesn't fit |
TWT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TWTUSDTlong | +0.0100% | 4h | 0.5897 | long leg | $3.9M | $2.2M | 75x | |
| Bybit TWTUSDTshort | +0.0100% | 4h | 0.5895 | −0.035% | $5.3M | $906K | 25x | |
| Gate TWT_USDT | +0.0100% | 8h | 0.5897 | −0.001% | $268K | $104K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5894 | −0.052% | $6.8M | $155K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5901 | +0.060% | $812K | $1.0M | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5894 | −0.052% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5895 | −0.038% | $226K | $830 | — | as long as short |
| BloFin TWT-USDT | +0.0105% | 4h | 0.5895 | −0.035% | $260K | $12K | 75x | as long as short |
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT
BloFin TWT-USDT