Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against BloFin−0.052%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$940.938% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.052%, 7d avg +0.053%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.104% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TWT-USDT | 0.5816 | 0.0125 | pay 0.0062% / 4h | 3h 22m | $251K | $12K | 75x |
| Short | BingX TWT-USDT | 0.5813 | 0.0100 | get 0.0050% / 4h | 3h 22m | — | $2.5M | — |
BloFin TWT-USDT
BingX TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$5.23
- Price spread: −0.052% → +0.053%
- −$10.44
- Slippage, 4 orders
- −$71.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.51
- Costs to cover
- 0.938%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 69 min ago; BingX: 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 BloFin live order book, 69 min ago | 0.85 bp | 13.9 bp −$14 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 2.58 bp | 27.9 bp −$28 | 95.1 bp −$951 | 372.7 bp −$37.3K | 468.6 bp −$234.3K |
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 TWTUSDT | +0.0100% | 4h | 0.5809 | −0.113% | $3.8M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5811 | −0.086% | $5.2M | $863K | 25x | as long as short |
| Gate TWT_USDT | +0.0100% | 8h | 0.5815 | −0.017% | $262K | $107K | 50x | as long as short |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5810 | −0.103% | $6.7M | $156K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5816 | 0.000% | $827K | $859K | 30x | as long as short |
| BingX TWT-USDTshort | +0.0100% | 4h | 0.5813 | −0.052% | — | $2.5M | — | |
| Variational Omni TWT | +0.0100% | 4h | 0.5816 | +0.007% | $222K | $1K | — | as long as short |
| BloFin TWT-USDTlong | +0.0125% | 4h | 0.5816 | long leg | $251K | $12K | 75x |
Binance TWTUSDT
Bybit TWTUSDT
Gate TWT_USDT
MEXC TWT_USDT
KuCoin TWTUSDTM
Variational Omni TWT