Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against MEXC+0.034%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$860.855% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.034%, 7d avg −0.008%
=The price spread pays, funding is against you. BloFin is 0.042% dearer against MEXC than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.008%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TWT_USDT | 0.5872 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $6.8M | $152K | 125x |
| Short | BloFin TWT-USDT | 0.5874 | 0.0059 | get 0.0030% / 4h | 1h 26m | $256K | $12K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$8.52
- Price spread: +0.034% → −0.008%
- $4.23
- Slippage, 4 orders
- −$65.55
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$89.84
- Costs to cover
- 0.855%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 12 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 MEXC live order book, 1 min ago | 1.70 bp | 17.7 bp −$18 | 53.5 bp −$535 | 108.6 bp −$10.9K | doesn't fit |
| Sell BloFin live order book, 12 min ago | 1.71 bp | 26.4 bp −$26 | 69.6 bp −$696 | 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 | +0.0059% | 4h | 0.5874 | +0.034% | $256K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5871 | −0.017% | $3.9M | $2.1M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5872 | 0.000% | $5.3M | $859K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5876 | +0.068% | $265K | $105K | 50x | as long as short |
| MEXC TWT_USDTlong | +0.0100% | 4h | 0.5872 | long leg | $6.8M | $152K | 125x | |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5875 | +0.051% | $816K | $914K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5873 | +0.017% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5877 | +0.082% | $224K | $1K | — | as long as short |
MEXC TWT_USDT
BloFin TWT-USDT
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT