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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TLM-USDT | 0.001486 | 0.0100 | pay 0.0050% / 4h | 2h 21m | — | $1.3M | — |
| Short | Bitget TLMUSDT | 0.001486 | 0.0100 | get 0.0050% / 4h | 2h 21m | $595K | $157K | 10x |
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 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: 0.000% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 3 min ago | 6.72 bp | 22.0 bp −$22 | 99.4 bp −$994 | 466.6 bp −$46.7K | 506.2 bp −$253.1K |
| Sell Bitget live order book, 26 min ago | 6.72 bp | 21.1 bp −$21 | 87.6 bp −$876 | doesn't fit | doesn't fit |
TLM on 10 exchanges
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 | −0.1439% | 1h | 0.001486 | +0.002% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001487 | +0.038% | $7K | $623 | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001487 | +0.067% | $1.5M | $2.1M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001487 | +0.094% | $377K | $250K | 20x | as long as short |
| Gate TLM_USDT | +0.0100% | 8h | 0.001486 | 0.000% | $86K | $469K | 25x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001486 | 0.000% | $1.1M | $420K | 20x | as long as short |
| Bitget TLMUSDTshort | +0.0100% | 4h | 0.001486 | 0.000% | $595K | $157K | 10x | |
| BingX TLM-USDTlong | +0.0100% | 4h | 0.001486 | long leg | — | $1.3M | — | |
| Variational Omni TLM | +0.0100% | 8h | 0.001488 | +0.154% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001487 | +0.093% | $691 | $211K | 5x | as long as short |
BingX TLM-USDT
Bitget TLMUSDT
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
Gate TLM_USDT
MEXC TLM_USDT
Variational Omni TLM
edgeX TLMUSDC