Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.009%
Price spread now: Gate against BloFin−0.052%7-day average +0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1761.763% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.052%, 7d avg +0.119%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.170% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.119%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TWT-USDT | 0.5823 | 0.0126 | pay 0.0063% / 4h | 2h 28m | $249K | $12K | 75x |
| Short | Gate TWT_USDT | 0.5820 | 0.0100 | get 0.0100% / 8h | 2h 28m | $262K | $106K | 50x |
BloFin TWT-USDT
Gate TWT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.36
- Price spread: −0.052% → +0.119%
- −$17.03
- Slippage, 4 orders
- −$149.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$198.64
- Costs to cover
- 1.763%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 53 min ago; Gate: live order book, 13 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, 53 min ago | 1.72 bp | 11.1 bp −$11 | 50.5 bp −$505 | doesn't fit | doesn't fit |
| Sell Gate live order book, 13 min ago | 7.73 bp | 66.0 bp −$66 | doesn't fit | 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 TWTUSDT | +0.0100% | 4h | 0.5812 | −0.183% | $3.8M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5817 | −0.103% | $5.2M | $864K | 25x | as long as short |
| Gate TWT_USDTshort | +0.0100% | 8h | 0.5820 | −0.052% | $262K | $106K | 50x | |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5812 | −0.189% | $6.7M | $163K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5820 | −0.048% | $821K | $828K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5818 | −0.086% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5815 | −0.136% | $223K | $1K | — | as long as short |
| BloFin TWT-USDTlong | +0.0126% | 4h | 0.5823 | long leg | $249K | $12K | 75x |
Binance TWTUSDT
Bybit TWTUSDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT