Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.9% APRpaid last 24h −0.348%
Price spread now: Kraken Futures against Bitget+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.055% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TLMUSDT | 0.001501 | 0.0100 | pay 0.0050% / 4h | 26m 38s | $600K | $178K | 10x |
| Short | Kraken Futures PF_TLMUSD | 0.001502 | 0.0400 | get 0.0050% / 1h | 26m 38s | $22K | $4K | 10x |
Bitget TLMUSDT
Kraken Futures PF_TLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $63.1
- Price spread: +0.055% → 0.000%
- $5.46
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $46.56
- Costs to cover
- 0.220%
- Break-even
- 1.8 days
Slippage unknown: Bitget: live order book, 28 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 28 min ago | 3.33 bp | 22.5 bp −$23 | 114.3 bp −$1,143 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.001502 | +0.075% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001502 | +0.059% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001504 | +0.167% | $422K | $309K | 20x | as long as short |
| Gate TLM_USDT | +0.0100% | 8h | 0.001501 | 0.000% | $98K | $486K | 25x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001502 | +0.067% | $1.1M | $371K | 20x | as long as short |
| Bitget TLMUSDTlong | +0.0100% | 4h | 0.001501 | long leg | $600K | $178K | 10x | |
| BingX TLM-USDT | +0.0100% | 4h | 0.001503 | +0.133% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001505 | +0.286% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001504 | +0.172% | $700 | $210K | 5x | as long as short |
| Kraken Futures PF_TLMUSDshort | +0.0400% | 1h | 0.001502 | +0.055% | $22K | $4K | 10x |
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
Gate TLM_USDT
MEXC TLM_USDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC