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

TLM

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BingX0.000%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$830.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now 0.000%, 7d avg −0.064%
Together, before fees−0.172%−$17 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: Bitget is 0.064% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TLM-USDT0.0014860.0100pay 0.0050% / 4h2h 21m$1.3M
ShortBitget TLMUSDT0.0014860.0100get 0.0050% / 4h2h 21m$595K$157K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → −0.064%
$6.38
Slippage, 4 orders
−$61.16
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$76.78
Costs to cover
0.832%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 26 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 ago6.72 bp22.0 bp −$2299.4 bp −$994466.6 bp −$46.7K506.2 bp −$253.1K
Sell Bitget live order book, 26 min ago6.72 bp21.1 bp −$2187.6 bp −$876doesn't fitdoesn't fit

TLM on 10 exchanges

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−0.1439%1h0.001486+0.002%$22K$4K10xas long as short
Aster TLMUSDT+0.0100%4h0.001487+0.038%$7K$6235xas long as short
Binance TLMUSDT+0.0100%4h0.001487+0.067%$1.5M$2.1M20xas long as short
Bybit TLMUSDT+0.0100%8h0.001487+0.094%$377K$250K20xas long as short
Gate TLM_USDT+0.0100%8h0.0014860.000%$86K$469K25xas long as short
MEXC TLM_USDT+0.0100%4h0.0014860.000%$1.1M$420K20xas long as short
Bitget TLMUSDTshort+0.0100%4h0.0014860.000%$595K$157K10x
BingX TLM-USDTlong+0.0100%4h0.001486long leg$1.3M
Variational Omni TLM+0.0100%8h0.001488+0.154%$9K$1Kas long as short
edgeX TLMUSDC+0.0100%4h0.001487+0.093%$691$211K5xas long as short