Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.008%
Price spread now: Gate against BingX−0.067%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days−0.357%−$36 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.067%, 7d avg −0.047%
=Funding pays, the price is against you. Gate is 0.020% cheaper against BingX than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.047%). If the spread goes back, that is −$2 on $10k: about 3.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.357%, 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 | BingX TLM-USDT | 0.001493 | 0.0100 | pay 0.0050% / 4h | 1h 03m | — | $1.3M | — |
| Short | Gate TLM_USDT | 0.001492 | 0.0120 | get 0.0120% / 8h | 1h 03m | $90K | $497K | 25x |
BingX TLM-USDT
Gate TLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $4.2
- Price spread: −0.067% → −0.047%
- −$2
- Slippage, 4 orders
- −$133.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$156.61
- Costs to cover
- 1.588%
- Break-even
- 268.0 days
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 37 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, 11 min ago | 3.35 bp | 26.2 bp −$26 | 102.5 bp −$1,025 | 464.0 bp −$46.4K | 502.3 bp −$251.1K |
| Sell Gate live order book, 37 min ago | 6.71 bp | 62.9 bp −$63 | 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 | −0.0351% | 1h | 0.001490 | −0.224% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001492 | −0.082% | $7K | $623 | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001491 | −0.100% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001493 | −0.020% | $386K | $321K | 20x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001492 | −0.067% | $1.1M | $422K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001491 | −0.134% | $600K | $164K | 10x | as long as short |
| BingX TLM-USDTlong | +0.0100% | 4h | 0.001493 | long leg | — | $1.3M | — | |
| Variational Omni TLM | +0.0100% | 8h | 0.001494 | +0.090% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001495 | +0.113% | $540 | $210K | 5x | as long as short |
| Gate TLM_USDTshort | +0.0120% | 8h | 0.001492 | −0.067% | $90K | $497K | 25x |
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
MEXC TLM_USDT
Bitget TLMUSDT
Variational Omni TLM
edgeX TLMUSDC