Funding you earn now, next payment 20:00 UTC−0.0011%/8hnext payment −$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against KuCoin−0.503%95s7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as 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−$3083.076% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)+0.496%+$50 · spread now −0.503%, 7d avg −0.081%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.422% cheaper against KuCoin than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of −0.081%). Swap the legs. The two prices were read 95 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 | KuCoin TWTUSDTM | 0.5901 | 0.0100 | pay 0.0050% / 4h | 23m 43s | $814K | $1.2M | 30x |
| Short | BloFin TWT-USDT | 0.5871 | 0.0089 | get 0.0044% / 4h | 23m 43s | $269K | $12K | 75x |
KuCoin TWTUSDTM
BloFin TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$2.39
- Price spread: −0.503% → −0.081%
- −$42.18
- Slippage, 4 orders
- −$283.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$352.12
- Costs to cover
- 3.076%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 4 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 KuCoin live order book, 5 min ago | 9.38 bp | 118.9 bp −$119 | 324.9 bp −$3,249 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 9.38 bp | 25.3 bp −$25 | 79.7 bp −$797 | 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 | +0.0089% | 4h | 0.5871 | −0.503% | $269K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5887 | −0.232% | $3.9M | $2.3M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5889 | −0.198% | $5.3M | $924K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5894 | −0.114% | $269K | $110K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5891 | −0.164% | $6.8M | $160K | 125x | as long as short |
| KuCoin TWTUSDTMlong | +0.0100% | 4h | 0.5901 | long leg | $814K | $1.2M | 30x | |
| BingX TWT-USDT | +0.0100% | 4h | 0.5894 | −0.114% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5872 | −0.478% | $224K | $842 | — | as long as short |
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
BingX TWT-USDT
Variational Omni TWT