Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit0.000%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$446as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4184.184% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now 0.000%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.044% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TLMUSDT | 0.001471 | 0.0100 | pay 0.0100% / 8h | 5h 31m | $364K | $242K | 20x |
| Short | Gate TLM_USDT | 0.001471 | 0.0100 | get 0.0100% / 8h | 5h 31m | $85K | $465K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: 0.000% → −0.044%
- $4.36
- Slippage, 4 orders
- −$392.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$414.03
- Costs to cover
- 4.184%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Gate: live order book, 12 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, 6 min ago | 5.75 bp | 142.0 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 3.38 bp | 69.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
TLM on 10 exchanges
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 | −0.0509% | 1h | 0.001470 | −0.037% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001472 | +0.036% | $6K | $623 | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001470 | −0.036% | $1.5M | $2.1M | 20x | as long as short |
| Bybit TLMUSDTlong | +0.0100% | 8h | 0.001471 | long leg | $364K | $242K | 20x | |
| Gate TLM_USDTshort | +0.0100% | 8h | 0.001471 | 0.000% | $85K | $465K | 25x | |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001470 | −0.068% | $1.0M | $405K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001469 | −0.136% | $588K | $151K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001472 | +0.068% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001475 | +0.274% | $8K | $74 | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001477 | +0.421% | $686 | $211K | 5x | as long as short |
Bybit TLMUSDT
Gate TLM_USDT
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
MEXC TLM_USDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC