Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against BloFin+0.054%80s7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2842.845% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.054%, 7d avg +0.084%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.029% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.084%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TWT-USDT | 0.5906 | 0.0122 | pay 0.0061% / 4h | 3h 47m | $258K | $12K | 75x |
| Short | KuCoin TWTUSDTM | 0.5909 | 0.0100 | get 0.0050% / 4h | 3h 47m | $815K | $1.0M | 30x |
BloFin TWT-USDT
KuCoin TWTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.57
- Price spread: +0.054% → +0.084%
- −$2.94
- Slippage, 4 orders
- −$260.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$291.97
- Costs to cover
- 2.845%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; KuCoin: live order book, 7 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, 18 min ago | 1.70 bp | 18.1 bp −$18 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.78 bp | 112.4 bp −$112 | 423.6 bp −$4,236 | 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 | 0.5912 | +0.095% | $3.9M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5913 | +0.119% | $5.3M | $891K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5904 | −0.034% | $268K | $103K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5911 | +0.085% | $6.9M | $153K | 125x | as long as short |
| KuCoin TWTUSDTMshort | +0.0100% | 4h | 0.5909 | +0.054% | $815K | $1.0M | 30x | |
| BingX TWT-USDT | +0.0100% | 4h | 0.5911 | +0.085% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5899 | −0.126% | $226K | $830 | — | as long as short |
| BloFin TWT-USDTlong | +0.0122% | 4h | 0.5906 | long leg | $258K | $12K | 75x |
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
BingX TWT-USDT
Variational Omni TWT