Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Bitget against Bybit−0.094%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2912.909% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.094%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TLMUSDT | 0.001486 | 0.0100 | pay 0.0100% / 8h | 24m 04s | $384K | $320K | 20x |
| Short | Bitget TLMUSDT | 0.001485 | 0.0100 | get 0.0050% / 4h | 24m 04s | $598K | $163K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.094% → −0.063%
- −$3.08
- Slippage, 4 orders
- −$267.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$293.93
- Costs to cover
- 2.909%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 11 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, 5 min ago | 2.35 bp | 136.6 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 11 min ago | 6.72 bp | 18.1 bp −$18 | 82.3 bp −$823 | 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 | −0.0188% | 1h | 0.001484 | −0.165% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001486 | −0.020% | $7K | $623 | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001486 | −0.040% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDTlong | +0.0100% | 8h | 0.001486 | long leg | $384K | $320K | 20x | |
| Gate TLM_USDT | +0.0100% | 8h | 0.001486 | −0.027% | $89K | $481K | 25x | as long as short |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001485 | −0.094% | $1.0M | $411K | 20x | as long as short |
| Bitget TLMUSDTshort | +0.0100% | 4h | 0.001485 | −0.094% | $598K | $163K | 10x | |
| BingX TLM-USDT | +0.0100% | 4h | 0.001486 | −0.027% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001488 | +0.092% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001489 | +0.153% | $538 | $210K | 5x | as long as short |
Bybit TLMUSDT
Bitget TLMUSDT
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
Gate TLM_USDT
MEXC TLM_USDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC