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

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.051%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2872.870% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.051%, 7d avg +0.025%
Together, before fees+0.121%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.075% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TWTUSDTM0.59020.0100pay 0.0050% / 4h40m 41s$813K$1.0M30x
ShortBingX TWT-USDT0.58990.0100get 0.0050% / 4h40m 41s$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: −0.051% → +0.025%
−$7.55
Slippage, 4 orders
−$265.02
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$294.57
Costs to cover
2.870%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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 KuCoin live order book, 4 min ago5.07 bp125.8 bp −$126374.5 bp −$3,745doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago3.38 bp24.9 bp −$2571.0 bp −$710377.4 bp −$37.7K536.2 bp −$268.1K

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+0.0049%4h0.5898−0.068%$259K$12K75xas long as short
Binance TWTUSDT+0.0100%4h0.5899−0.059%$3.9M$2.2M75xas long as short
Bybit TWTUSDT+0.0100%4h0.5895−0.119%$5.3M$907K25xas long as short
Gate TWT_USDT+0.0100%8h0.5906+0.068%$268K$104K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5899−0.051%$6.8M$154K125xas long as short
KuCoin TWTUSDTMlong+0.0100%4h0.5902long leg$813K$1.0M30x
BingX TWT-USDTshort+0.0100%4h0.5899−0.051%$2.5M
Variational Omni TWT+0.0100%4h0.5915+0.216%$226K$830as long as short