Funding you earn now, next payment 12:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bybit−0.069%7-day average −0.087% · 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−$112as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.069%, 7d avg −0.087%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TWTUSDT | 0.5791 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $5.2M | $868K | 25x |
| Short | BloFin TWT-USDT | 0.5787 | 0.0093 | get 0.0047% / 4h | 3h 41m | $246K | $12K | 75x |
Bybit TWTUSDT
BloFin TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$1.45
- Price spread: −0.069% → −0.087%
- $1.79
- Slippage, 4 orders
- −$91.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$113.92
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 25 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 Bybit live order book, 2 min ago | 2.59 bp | 33.4 bp −$33 | 138.1 bp −$1,381 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 2.60 bp | 30.1 bp −$30 | 80.2 bp −$802 | 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-USDTshort | +0.0093% | 4h | 0.5787 | −0.069% | $246K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5787 | −0.062% | $3.8M | $2.2M | 75x | as long as short |
| Bybit TWTUSDTlong | +0.0100% | 4h | 0.5791 | long leg | $5.2M | $868K | 25x | |
| Gate TWT_USDT | +0.0100% | 8h | 0.5787 | −0.069% | $260K | $106K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5787 | −0.069% | $6.7M | $162K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5788 | −0.052% | $819K | $783K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5789 | −0.035% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5795 | +0.070% | $221K | $1K | — | as long as short |
Binance TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT