Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate+0.040%7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$2002.000% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.599%−$60 · spread now +0.040%, 7d avg −0.121%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.161% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TWT_USDT | 0.5789 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $260K | $106K | 50x |
| Short | Binance TWTUSDT | 0.5791 | 0.0100 | get 0.0050% / 4h | 3h 50m | $3.8M | $2.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $0
- Price spread: +0.040% → −0.121%
- $16.1
- Slippage, 4 orders
- −$175.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$183.92
- Costs to cover
- 2.000%
- Break-even
- never at this rate
Slippage from Gate: live order book, 41 min ago; Binance: live order book, just now.
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 Gate live order book, 41 min ago | 6.95 bp | 77.1 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, just now | 0.86 bp | 26.0 bp −$26 | 112.2 bp −$1,122 | 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-USDT | +0.0053% | 4h | 0.5780 | −0.155% | $245K | $12K | 75x | as long as short |
| Binance TWTUSDTshort | +0.0100% | 4h | 0.5791 | +0.040% | $3.8M | $2.2M | 75x | |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5791 | +0.035% | $5.2M | $873K | 25x | as long as short |
| Gate TWT_USDTlong | +0.0100% | 8h | 0.5789 | long leg | $260K | $106K | 50x | |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5791 | +0.035% | $6.7M | $161K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5790 | +0.017% | $821K | $784K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5789 | 0.000% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5792 | +0.044% | $221K | $1K | — | as long as short |
Gate TWT_USDT
Binance TWTUSDT
BloFin TWT-USDT
Bybit TWTUSDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT