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

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.016%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3283.283% 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−0.022%−$2 · spread now +0.016%, 7d avg +0.043%
Together, before fees+0.017%+$2 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 0.027% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TWTUSDTM0.57470.0100pay 0.0050% / 4h1h 06m$810K$822K30x
ShortBybit TWTUSDT0.57480.0100get 0.0050% / 4h1h 06m$5.1M$760K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: +0.016% → +0.043%
−$2.74
Slippage, 4 orders
−$305.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$331.04
Costs to cover
3.283%
Break-even
never at this rate
Slippage from KuCoin: live order book, 30 min ago; Bybit: live order book, 4 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 KuCoin live order book, 30 min ago1.74 bp135.6 bp −$136366.8 bp −$3,668doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.48 bp33.8 bp −$34137.4 bp −$1,374doesn't fitdoesn't fit

TWT on 8 exchanges

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%4h0.5745−0.037%$3.8M$1.9M75xas long as short
Bybit TWTUSDTshort+0.0100%4h0.5748+0.016%$5.1M$760K25x
Gate TWT_USDT+0.0100%8h0.5748+0.016%$258K$104K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5745−0.037%$6.6M$165K125xas long as short
KuCoin TWTUSDTMlong+0.0100%4h0.5747long leg$810K$822K30x
BingX TWT-USDT+0.0100%4h0.5745−0.037%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5743−0.071%$219K$1Kas long as short
BloFin TWT-USDT+0.0140%4h0.5744−0.054%$242K$11K75xas long as short