Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Binance−0.042%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2892.887% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.042%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TLMUSDT | 0.001503 | 0.0100 | pay 0.0050% / 4h | 52m 48s | $1.5M | $2.3M | 20x |
| Short | Bybit TLMUSDT | 0.001502 | 0.0100 | get 0.0100% / 8h | 4h 52m | $425K | $307K | 20x |
Binance TLMUSDT
Bybit TLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.042% → +0.007%
- −$4.92
- Slippage, 4 orders
- −$267.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$293.66
- Costs to cover
- 2.887%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 62 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 Binance live order book, 12 min ago | 3.34 bp | 28.0 bp −$28 | 169.3 bp −$1,693 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 62 min ago | 1.00 bp | 108.9 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
TLM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TLMUSDT | +0.0100% | 4h | 0.001504 | +0.055% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDTlong | +0.0100% | 4h | 0.001503 | long leg | $1.5M | $2.3M | 20x | |
| Bybit TLMUSDTshort | +0.0100% | 8h | 0.001502 | −0.042% | $425K | $307K | 20x | |
| Gate TLM_USDT | +0.0100% | 8h | 0.001503 | −0.009% | $99K | $479K | 25x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001501 | −0.142% | $1.1M | $369K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001502 | −0.075% | $600K | $176K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001505 | +0.124% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001504 | +0.075% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001502 | −0.052% | $700 | $209K | 5x | as long as short |
| Kraken Futures PF_TLMUSD | +0.0401% | 1h | 0.001502 | −0.097% | $22K | $4K | 10x | as long as short |
Aster TLMUSDT
Gate TLM_USDT
MEXC TLM_USDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC
Kraken Futures PF_TLMUSD