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

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.068%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.068%, 7d avg +0.022%
Together, before fees−0.056%−$6 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: Bybit is 0.046% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TWT-USDT0.58420.0100pay 0.0050% / 4h40m 41s$2.5M
ShortBybit TWTUSDT0.58460.0100get 0.0050% / 4h40m 41s$5.2M$848K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.068% → +0.022%
$4.6
Slippage, 4 orders
−$98.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$114.88
Costs to cover
1.195%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 2 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 BingX live order book, 8 min ago2.57 bp23.9 bp −$2478.1 bp −$781421.5 bp −$42.2K503.6 bp −$251.8K
Sell Bybit live order book, 2 min ago2.57 bp33.1 bp −$33133.7 bp −$1,337doesn't fitdoesn't fit

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+0.0062%4h0.5838−0.068%$248K$12K75xas long as short
Binance TWTUSDT+0.0100%4h0.5841−0.017%$3.8M$2.2M75xas long as short
Bybit TWTUSDTshort+0.0100%4h0.5846+0.068%$5.2M$848K25x
Gate TWT_USDT+0.0100%8h0.5845+0.051%$263K$104K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5840−0.034%$6.8M$160K125xas long as short
KuCoin TWTUSDTM+0.0100%4h0.5849+0.120%$823K$786K30xas long as short
BingX TWT-USDTlong+0.0100%4h0.5842long leg$2.5M
Variational Omni TWT+0.0100%4h0.5843+0.023%$223K$1Kas long as short