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

TLM

all TLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against Bitget0.000%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.042%
Together, before fees−0.016%−$2 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: MEXC is 0.042% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TLMUSDT0.0014990.0100pay 0.0050% / 4h3h 11m$596K$181K10x
ShortMEXC TLM_USDT0.0014990.0100get 0.0050% / 4h3h 11m$1.1M$397K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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% → +0.042%
−$4.18
Slippage, 4 orders
−$51.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$71.44
Costs to cover
0.673%
Break-even
never at this rate
Slippage from Bitget: live order book, 38 min ago; MEXC: live order book, 4 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 Bitget live order book, 38 min ago6.64 bp24.3 bp −$24110.8 bp −$1,108doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago3.33 bp11.5 bp −$1246.1 bp −$461199.5 bp −$19.9K295.5 bp −$147.7K

TLM on 10 venues

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−0.0103%1h0.001496−0.192%$22K$4K10xas long as short
Aster TLMUSDT+0.0100%4h0.001500+0.038%$7K$4K5xas long as short
Binance TLMUSDT+0.0100%4h0.001499+0.003%$1.5M$2.3M20xas long as short
Bybit TLMUSDT+0.0100%8h0.001501+0.127%$424K$306K20xas long as short
Gate TLM_USDT+0.0100%8h0.0014990.000%$97K$502K25xas long as short
MEXC TLM_USDTshort+0.0100%4h0.0014990.000%$1.1M$397K20x
Bitget TLMUSDTlong+0.0100%4h0.001499long leg$596K$181K10x
BingX TLM-USDT+0.0100%4h0.001501+0.133%$1.3Mas long as short
Variational Omni TLM+0.0100%8h0.001503+0.296%$9K$1Kas long as short
edgeX TLMUSDC+0.0100%4h0.001501+0.112%$477$211K5xas long as short