Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h −0.008%
Price spread now: Gate against BloFin−0.051%108s7-day average +0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as 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−$1791.794% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)+0.291%+$29 · spread now −0.051%, 7d avg +0.117%
=Funding pays, the price is against you. Gate is 0.168% cheaper against BloFin than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.117%). If the spread goes back, that is −$17 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.020% in total) that is about 58 days. The two prices were read 108 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 | BloFin TWT-USDT | 0.5880 | 0.0053 | pay 0.0027% / 4h | 2h 47m | $257K | $12K | 75x |
| Short | Gate TWT_USDT | 0.5877 | 0.0100 | get 0.0100% / 8h | 6h 47m | $267K | $103K | 50x |
BloFin TWT-USDT
Gate TWT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $9.81
- Price spread: −0.051% → +0.117%
- −$16.85
- Slippage, 4 orders
- −$152.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$186.4
- Costs to cover
- 1.794%
- Break-even
- 140.0 days
Slippage from BloFin: live order book, 14 min ago; Gate: live order book, 14 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, 14 min ago | 5.95 bp | 21.4 bp −$21 | 78.6 bp −$786 | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 6.79 bp | 71.0 bp −$71 | doesn't fit | 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-USDTlong | +0.0053% | 4h | 0.5880 | long leg | $257K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5869 | −0.187% | $3.9M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5876 | −0.068% | $5.3M | $895K | 25x | as long as short |
| Gate TWT_USDTshort | +0.0100% | 8h | 0.5877 | −0.051% | $267K | $103K | 50x | |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5869 | −0.187% | $6.8M | $152K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5876 | −0.077% | $815K | $980K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5877 | −0.051% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5869 | −0.194% | $224K | $1K | — | as long as short |
Binance TWTUSDT
Bybit TWTUSDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT