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

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.069%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$980.980% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.079%+$8 · spread now −0.069%, 7d avg −0.030%
Together, before fees+0.061%+$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: MEXC is 0.040% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TWT-USDT0.57690.0100pay 0.0050% / 4h3h 30m$2.5M
ShortMEXC TWT_USDT0.57650.0100get 0.0050% / 4h3h 30m$6.7M$163K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.069% → −0.030%
−$3.96
Slippage, 4 orders
−$80.04
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$102
Costs to cover
0.980%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: 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, 3 min ago3.46 bp28.8 bp −$2968.7 bp −$687432.6 bp −$43.3K510.3 bp −$255.2K
Sell MEXC live order book, 2 min ago1.73 bp19.9 bp −$2058.7 bp −$58794.5 bp −$9,448doesn'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%4h0.5774+0.087%$245K$12K75xas long as short
Binance TWTUSDT+0.0100%4h0.5764−0.082%$3.8M$2.2M75xas long as short
Bybit TWTUSDT+0.0100%4h0.5768−0.017%$5.2M$867K25xas long as short
Gate TWT_USDT+0.0100%8h0.5772+0.052%$259K$107K50xas long as short
MEXC TWT_USDTshort+0.0100%4h0.5765−0.069%$6.7M$163K125x
KuCoin TWTUSDTM+0.0100%4h0.5770+0.026%$813K$783K30xas long as short
BingX TWT-USDTlong+0.0100%4h0.5769long leg$2.5M
Variational Omni TWT+0.0100%4h0.5772+0.044%$220K$1Kas long as short