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

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.102%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3123.116% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days−0.159%−$16 · spread now +0.102%, 7d avg −0.047%
Together, before fees−0.199%−$20 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: KuCoin is 0.149% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TWTUSDT0.58800.0100pay 0.0050% / 4h2h 17m$5.3M$873K25x
ShortKuCoin TWTUSDTM0.58860.0100get 0.0050% / 4h2h 17m$819K$954K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: +0.102% → −0.047%
$14.88
Slippage, 4 orders
−$288.6
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$296.72
Costs to cover
3.116%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 56 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 Bybit live order book, 5 min ago1.70 bp33.3 bp −$33130.5 bp −$1,305doesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago5.07 bp117.6 bp −$118334.7 bp −$3,347doesn't fitdoesn't fit

TWT on 7 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
Binance TWTUSDT+0.0100%4h0.5878−0.036%$3.9M$2.2M75xas long as short
Bybit TWTUSDTlong+0.0100%4h0.5880long leg$5.3M$873K25x
Gate TWT_USDT+0.0100%8h0.5884+0.068%$267K$104K50xas long as short
MEXC TWT_USDT+0.0100%4h0.58800.000%$6.8M$153K125xas long as short
KuCoin TWTUSDTMshort+0.0100%4h0.5886+0.102%$819K$954K30x
BingX TWT-USDT+0.0100%4h0.58800.000%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5884+0.075%$225K$1Kas long as short