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% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.017%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2062.062% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.017%, 7d avg −0.037%
Together, before fees−0.254%−$25 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: Bybit is 0.054% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TWT_USDT0.58430.0100pay 0.0100% / 8h4h 45m$264K$105K50x
ShortBybit TWTUSDT0.58440.0100get 0.0050% / 4h45m 57s$5.2M$859K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: +0.017% → −0.037%
$5.44
Slippage, 4 orders
−$180.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$200.78
Costs to cover
2.062%
Break-even
never at this rate
Slippage from Gate: live order book, 6 min ago; Bybit: live order book, 2 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 Gate live order book, 6 min ago6.84 bp60.6 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.42 bp36.1 bp −$36136.5 bp −$1,365doesn't fitdoesn't fit

TWT on 8 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
BloFin TWT-USDT+0.0082%4h0.5838−0.086%$255K$12K75xas long as short
Binance TWTUSDT+0.0100%4h0.5843+0.003%$3.9M$2.2M75xas long as short
Bybit TWTUSDTshort+0.0100%4h0.5844+0.017%$5.2M$859K25x
Gate TWT_USDTlong+0.0100%8h0.5843long leg$264K$105K50x
MEXC TWT_USDT+0.0100%4h0.5845+0.034%$6.8M$155K125xas long as short
KuCoin TWTUSDTM+0.0100%4h0.5844+0.015%$816K$896K30xas long as short
BingX TWT-USDT+0.0100%4h0.5846+0.051%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5843−0.001%$223K$1Kas long as short