Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against BloFin−0.004%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1031.035% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.004%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TWT-USDT | 0.5817 | 0.0064 | pay 0.0032% / 4h | 3h 20m | $251K | $12K | 75x |
| Short | Binance TWTUSDT | 0.5817 | 0.0100 | get 0.0050% / 4h | 3h 20m | $3.8M | $2.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $7.53
- Price spread: −0.004% → +0.007%
- −$1.02
- Slippage, 4 orders
- −$81.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.94
- Costs to cover
- 1.035%
- Break-even
- 97.1 days
Slippage from BloFin: live order book, 71 min ago; Binance: live order book, 15 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 BloFin live order book, 71 min ago | 0.85 bp | 13.9 bp −$14 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.72 bp | 34.6 bp −$35 | 122.1 bp −$1,221 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TWT-USDTlong | +0.0064% | 4h | 0.5817 | long leg | $251K | $12K | 75x | |
| Binance TWTUSDTshort | +0.0100% | 4h | 0.5817 | −0.004% | $3.8M | $2.2M | 75x | |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5818 | +0.017% | $5.2M | $863K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5814 | −0.052% | $262K | $107K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5817 | 0.000% | $6.7M | $156K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5822 | +0.086% | $827K | $858K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5816 | −0.017% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5820 | +0.051% | $222K | $1K | — | as long as short |
BloFin TWT-USDT
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT