Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Bybit against Bitget+0.232%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2822.822% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.400%−$40 · spread now +0.232%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.172% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TLMUSDT | 0.001506 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $601K | $177K | 10x |
| Short | Bybit TLMUSDT | 0.001509 | 0.0100 | get 0.0100% / 8h | 5h 19m | $429K | $308K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: +0.232% → +0.060%
- $17.23
- Slippage, 4 orders
- −$259.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$265
- Costs to cover
- 2.822%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 41 min ago; Bybit: live order book, 36 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 Bitget live order book, 41 min ago | 6.66 bp | 22.3 bp −$22 | 95.1 bp −$951 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 36 min ago | 1.00 bp | 108.9 bp −$109 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TLMUSDT | +0.0100% | 4h | 0.001507 | +0.041% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001507 | +0.100% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDTshort | +0.0100% | 8h | 0.001509 | +0.232% | $429K | $308K | 20x | |
| Gate TLM_USDT | +0.0100% | 8h | 0.001506 | 0.000% | $100K | $498K | 25x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001507 | +0.066% | $1.1M | $361K | 20x | as long as short |
| Bitget TLMUSDTlong | +0.0100% | 4h | 0.001506 | long leg | $601K | $177K | 10x | |
| BingX TLM-USDT | +0.0100% | 4h | 0.001507 | +0.066% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001511 | +0.320% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001508 | +0.146% | $702 | $209K | 5x | as long as short |
| Kraken Futures PF_TLMUSD | +0.0234% | 1h | 0.001507 | +0.096% | $23K | $3K | 10x | as long as short |
Bitget TLMUSDT
Bybit TLMUSDT
Aster TLMUSDT
Binance TLMUSDT
Gate TLM_USDT
MEXC TLM_USDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC
Kraken Futures PF_TLMUSD