Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h +0.009%
Price spread now: BloFin against Gate+0.017%93s7-day average −0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as 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−$1931.928% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.017%, 7d avg −0.119%
=The price spread pays, funding is against you. BloFin is 0.137% dearer against Gate than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.119%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.020% in total) that is about 48 days. The two prices were read 93 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 | Gate TWT_USDT | 0.5750 | 0.0100 | pay 0.0100% / 8h | 21m 21s | $259K | $107K | 50x |
| Short | BloFin TWT-USDT | 0.5751 | 0.0062 | get 0.0031% / 4h | 21m 21s | $249K | $12K | 75x |
Gate TWT_USDT
BloFin TWT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$7.92
- Price spread: +0.017% → −0.119%
- $13.68
- Slippage, 4 orders
- −$165.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$187.03
- Costs to cover
- 1.928%
- Break-even
- never at this rate
Slippage from Gate: live order book, 10 min ago; BloFin: live order book, 50 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 Gate live order book, 10 min ago | 6.95 bp | 77.1 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 1.71 bp | 21.6 bp −$22 | 63.6 bp −$636 | 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-USDTshort | +0.0062% | 4h | 0.5751 | +0.017% | $249K | $12K | 75x | |
| Binance TWTUSDT | +0.0100% | 4h | 0.5759 | +0.157% | $3.8M | $2.2M | 75x | as long as short |
| Bybit TWTUSDT | +0.0100% | 4h | 0.5758 | +0.139% | $5.2M | $899K | 25x | as long as short |
| Gate TWT_USDTlong | +0.0100% | 8h | 0.5750 | long leg | $259K | $107K | 50x | |
| MEXC TWT_USDT | +0.0100% | 4h | 0.5758 | +0.139% | $6.7M | $166K | 125x | as long as short |
| KuCoin TWTUSDTM | +0.0100% | 4h | 0.5753 | +0.052% | $822K | $794K | 30x | as long as short |
| BingX TWT-USDT | +0.0100% | 4h | 0.5752 | +0.035% | — | $2.5M | — | as long as short |
| Variational Omni TWT | +0.0100% | 4h | 0.5761 | +0.190% | $220K | $1K | — | as long as short |
Binance TWTUSDT
Bybit TWTUSDT
MEXC TWT_USDT
KuCoin TWTUSDTM
BingX TWT-USDT
Variational Omni TWT