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

TLM

all TLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against BingX+0.144%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$800.803% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 7 days−0.168%−$17 · spread now +0.144%, 7d avg −0.014%
Together, before fees−0.320%−$32 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: Binance is 0.158% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TLM-USDT0.0014910.0100pay 0.0050% / 4h1h 43m$1.3M
ShortBinance TLMUSDT0.0014930.0100get 0.0050% / 4h1h 43m$1.5M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.144% → −0.014%
$15.81
Slippage, 4 orders
−$60.28
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$64.47
Costs to cover
0.803%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 7 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 BingX live order book, 3 min ago3.35 bp17.4 bp −$1780.7 bp −$807457.0 bp −$45.7K500.7 bp −$250.4K
Sell Binance live order book, 7 min ago3.35 bp21.8 bp −$22122.6 bp −$1,226doesn't fitdoesn't fit

TLM on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TLMUSD−0.0350%1h0.001492+0.062%$22K$4K10xas long as short
Aster TLMUSDT+0.0100%4h0.001492+0.085%$7K$4K5xas long as short
Binance TLMUSDTshort+0.0100%4h0.001493+0.144%$1.5M$2.3M20x
Bybit TLMUSDT+0.0100%8h0.001493+0.148%$382K$322K20xas long as short
MEXC TLM_USDT+0.0100%4h0.001493+0.134%$1.1M$416K20xas long as short
Bitget TLMUSDT+0.0100%4h0.001492+0.067%$600K$186K10xas long as short
BingX TLM-USDTlong+0.0100%4h0.001491long leg$1.3M
Variational Omni TLM+0.0100%8h0.001492+0.070%$9K$1Kas long as short
edgeX TLMUSDC+0.0100%4h0.001492+0.078%$539$211K5xas long as short
Gate TLM_USDT+0.0121%8h0.001492+0.067%$91K$489K25xas long as short