Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.018%
Price spread now: Gate against Binance−0.075%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1611.607% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.075%, 7d avg −0.032%
=Funding pays, the price is against you. Gate is 0.043% cheaper against Binance than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.032%). If the spread goes back, that is −$4 on $10k: about 6.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.206%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TLMUSDT | 0.001493 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.5M | $2.3M | 20x |
| Short | Gate TLM_USDT | 0.001492 | 0.0121 | get 0.0121% / 8h | 1h 43m | $91K | $489K | 25x |
Binance TLMUSDT
Gate TLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $4.41
- Price spread: −0.075% → −0.032%
- −$4.27
- Slippage, 4 orders
- −$135.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$160.53
- Costs to cover
- 1.607%
- Break-even
- 261.8 days
Slippage from Binance: live order book, 6 min ago; Gate: 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, 6 min ago | 3.35 bp | 22.3 bp −$22 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 3.34 bp | 59.0 bp −$59 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TLMUSD | −0.0350% | 1h | 0.001491 | −0.129% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001492 | −0.063% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDTlong | +0.0100% | 4h | 0.001493 | long leg | $1.5M | $2.3M | 20x | |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001493 | +0.005% | $382K | $322K | 20x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001492 | −0.075% | $1.1M | $416K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001492 | −0.075% | $600K | $186K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001493 | −0.008% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001492 | −0.072% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001492 | −0.064% | $539 | $211K | 5x | as long as short |
| Gate TLM_USDTshort | +0.0121% | 8h | 0.001492 | −0.075% | $91K | $489K | 25x |
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Bybit TLMUSDT
MEXC TLM_USDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC