Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Binance+0.207%51s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as 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−$980.979% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.207%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.213% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 51 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 | Binance TWTUSDT | 0.5811 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $3.8M | $2.2M | 75x |
| Short | BloFin TWT-USDT | 0.5823 | 0.0126 | get 0.0063% / 4h | 2h 28m | $249K | $12K | 75x |
Binance TWTUSDT
BloFin TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $5.36
- Price spread: +0.207% → −0.006%
- $21.27
- Slippage, 4 orders
- −$75.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.26
- Costs to cover
- 0.979%
- Break-even
- 100.1 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 53 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 Binance live order book, 8 min ago | 1.72 bp | 20.6 bp −$21 | 108.6 bp −$1,086 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 1.72 bp | 31.8 bp −$32 | 85.1 bp −$851 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TWTUSDTlong | +0.0100% | 4h | 0.5811 | long leg | $3.8M | $2.2M | 75x | |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5817 | +0.103% | $5.2M | $864K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5820 | +0.155% | $262K | $106K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5812 | +0.017% | $6.7M | $163K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5821 | +0.169% | $821K | $828K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5817 | +0.103% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5815 | +0.071% | $223K | $1K | — | as long as short |
| BloFin TWT-USDTshort | +0.0126% | 4h | 0.5823 | +0.207% | $249K | $12K | 75x |
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT