Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Bybit−0.102%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2732.732% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.102%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.093% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TLMUSDT | 0.001501 | 0.0100 | pay 0.0100% / 8h | 3h 12m | $425K | $306K | 20x |
| Short | Binance TLMUSDT | 0.001500 | 0.0100 | get 0.0050% / 4h | 3h 12m | $1.5M | $2.3M | 20x |
Bybit TLMUSDT
Binance TLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.102% → −0.009%
- −$9.31
- Slippage, 4 orders
- −$252.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$282.52
- Costs to cover
- 2.732%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 32 min ago; Binance: live order book, 7 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 Bybit live order book, 32 min ago | 2.65 bp | 135.1 bp −$135 | 7947.4 bp −$79.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.33 bp | 20.4 bp −$20 | 107.3 bp −$1,073 | 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 | −0.0103% | 1h | 0.001497 | −0.262% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001500 | −0.119% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDTshort | +0.0100% | 4h | 0.001500 | −0.102% | $1.5M | $2.3M | 20x | |
| Bybit TLMUSDTlong | +0.0100% | 8h | 0.001501 | long leg | $425K | $306K | 20x | |
| Gate TLM_USDT | +0.0100% | 8h | 0.001499 | −0.160% | $97K | $502K | 25x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001499 | −0.160% | $1.1M | $397K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001499 | −0.160% | $596K | $181K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001501 | −0.027% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001503 | +0.136% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001501 | −0.048% | $477 | $211K | 5x | as long as short |
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Gate TLM_USDT
MEXC TLM_USDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC