TWT arbitrage explained
Right now Trust Wallet (TWT) trades on 7 venues we scan: 6 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.5487 and the highest bid on KuCoin spot at $0.5504.
The widest TWT perpetual spread is between MEXC and Gate: long TWT on MEXC at $0.5487 and short on Gate at $0.5501 for +0.26% gross, or +0.10% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best TWT route is to buy spot on Bitget and short the perpetual on Gate: +0.07% gross, -0.13% net, with +0.030% a day of funding on the short leg.
Spot–spot TWT arbitrage (buy on Bitget, withdraw, deposit and sell on KuCoin) shows +0.13% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small TWT gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: TWT funding rates · TWT spread charts · Trust Wallet price · arbitrage scanner for all coins.