Settings8H · net · $10k
Funding arb · Price arb /

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.052%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1221.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 7 days+0.065%+$6 · spread now −0.052%, 7d avg −0.059%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TWTUSDT0.57730.0100pay 0.0050% / 4h3h 31m$5.2M$867K25x
ShortBinance TWTUSDT0.57700.0100get 0.0050% / 4h3h 31m$3.8M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.052% → −0.059%
$0.73
Slippage, 4 orders
−$101.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$121.74
Costs to cover
1.225%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago1.73 bp41.8 bp −$42150.4 bp −$1,504doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.73 bp29.1 bp −$29111.8 bp −$1,118doesn't fitdoesn't fit

TWT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TWT-USDT+0.0088%4h0.5771−0.035%$245K$12K75xas long as short
Binance TWTUSDTshort+0.0100%4h0.5770−0.052%$3.8M$2.2M75x
Bybit TWTUSDTlong+0.0100%4h0.5773long leg$5.2M$867K25x
Gate TWT_USDT+0.0100%8h0.5775+0.035%$259K$106K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5771−0.035%$6.7M$163K125xas long as short
KuCoin TWTUSDTM+0.0100%4h0.57730.000%$814K$783K30xas long as short
BingX TWT-USDT+0.0100%4h0.57730.000%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5788+0.252%$221K$1Kas long as short