TWT funding rates

TWT perpetual funding across 5 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 06:26 UTC · refreshed every 5 min

Best pair · 7d: 0.5%long Binance, short Variational · net −2.1%
Highest funding now: 10.9%BinanceCEX
Lowest funding now: 10.9%BinanceCEX
Listed on: 5 venues

Funding by venue

													Open
BinanceCEX	TWTUSDT	10.9%	10.9%	10.5%	10.0%	10.4%	97%	4h	08:00	0.5195	$3.6M	$1.1M	BnBinance
BybitCEX	TWTUSDT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	4h	08:00	0.5203	$5.1M	$454k	ByBybit
GateCEX	TWT_USDT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	8h	08:00	0.5199	$275k	$46k	GtGate
MEXCCEX	TWT_USDT	10.9%	10.9%	10.5%	10.2%	10.5%	98%	4h	08:00	0.519	$8.2M	$236k	MxMEXC
Variational	TWT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	4h	—	0.5195	$33k	$6k	VaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
MEXCCEX	Variational	0.0%	0.0%	0.4%	0.7%	−0.6%	−0.9%	34d	weak	$33k	low OIspread not incl.	Mx Va	calc
MEXCCEX	BybitCEX	0.0%	0.0%	0.4%	0.7%	−3.5%	−5.2%	128d	weak	$5.1M		Mx By	calc
MEXCCEX	BinanceCEX	0.0%	0.0%	0.0%	0.0%	−3.6%	−5.5%	>999d	weak	$3.6M		Mx Bn	calc
BinanceCEX	Variational	0.0%	0.0%	0.5%	0.9%	−2.1%	−3.2%	73d	weak	$33k	low OIspread not incl.	Bn Va	calc
MEXCCEX	GateCEX	0.0%	0.0%	0.4%	0.7%	−4.5%	−6.8%	162d	weak	$275k	4h/8h	Mx Gt	calc
BinanceCEX	BybitCEX	0.0%	0.0%	0.5%	0.8%	−5.0%	−7.5%	154d	weak	$3.6M		Bn By	calc
BinanceCEX	GateCEX	0.0%	0.0%	0.5%	1.0%	−6.0%	−9.0%	183d	weak	$275k	4h/8h	Bn Gt	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 06:26 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on MEXC at 0.519, sell on Bybit at 0.5203: 0.250% before fees, 0.100% after taker fees.

TWT: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Bybit0.5203	Gate0.5199	Variational0.519502	Binance0.5195	MEXC0.519
MEXC0.519	0.250%	0.173%	0.097%	0.096%	—
Binance0.5195	0.154%	0.077%	0.000%	—	−0.096%
Variational0.519502	0.154%	0.077%	—	0.000%	−0.097%
Gate0.5199	0.077%	—	−0.077%	−0.077%	−0.173%
Bybit0.5203	—	−0.077%	−0.154%	−0.154%	−0.250%

All quotes (5)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
BinanceCEX	0.5195	0.5195	mark	4m	$1.1M	no FX
BybitCEX	0.5203	0.5203	mark	4m	$454k	no FX
GateCEX	0.5199	0.5199	mark	4m	$46k	no FX
MEXCCEX	0.519	0.519	mark	4m	$236k	no FX
Variational	0.519502	0.519502	mark	4m	$6k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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