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

TLM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bybit−0.205%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$480as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$4724.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.205%, 7d avg −0.020%
Together, before fees+0.208%+ Points / potential airdropedgeX: Active · farm board+$21 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: edgeX is 0.185% cheaper against Bybit than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TLMUSDT0.0014890.0100pay 0.0100% / 8h2h 37m$384K$343K20x
ShortedgeX TLMUSDC0.0014860.0100get 0.0050% / 4h2h 37m$537$210K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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: −0.205% → −0.020%
−$18.47
Slippage, 4 orders
−$451.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$490.46
Costs to cover
4.720%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 9 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 Bybit live order book, 2 min ago2.69 bp137.5 bp −$137doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 9 min ago16.71 bp101.7 bp −$102doesn't fitdoesn't fitdoesn't fit

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−0.0664%1h0.001487−0.150%$22K$4K10xas long as short
Aster TLMUSDT+0.0100%4h0.001489−0.007%$7K$4K5xas long as short
Binance TLMUSDT+0.0100%4h0.001489−0.007%$1.5M$2.4M20xas long as short
Bybit TLMUSDTlong+0.0100%8h0.001489long leg$384K$343K20x
Gate TLM_USDT+0.0100%8h0.001489−0.007%$93K$502K25xas long as short
MEXC TLM_USDT+0.0100%4h0.001490+0.060%$1.0M$407K20xas long as short
Bitget TLMUSDT+0.0100%4h0.001488−0.074%$600K$185K10xas long as short
BingX TLM-USDT+0.0100%4h0.001488−0.074%$1.3Mas long as short
Variational Omni TLM+0.0100%8h0.001491+0.148%$9K$1Kas long as short
edgeX TLMUSDCshort+0.0100%4h0.001486−0.205%$537$210K5x