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

TLM

all TLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against edgeX+0.065%50s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2482.476% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.065%, 7d avg +0.014%
Together, before fees−0.098%+ Points / potential airdropedgeX: Active · farm board−$10 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: Binance is 0.051% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.014%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TLMUSDC0.0015010.0100pay 0.0050% / 4h2m 42s$627$210K5x
ShortBinance TLMUSDT0.0015020.0100get 0.0050% / 4h2m 42s$1.5M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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: +0.065% → +0.014%
$5.07
Slippage, 4 orders
−$228.62
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$242.55
Costs to cover
2.476%
Break-even
never at this rate
Slippage from edgeX: live order book, 54 min ago; Binance: live order book, 2 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 edgeX live order book, 54 min ago16.65 bp98.1 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago3.33 bp22.2 bp −$22108.7 bp −$1,087doesn'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
Aster TLMUSDT+0.0100%4h0.001502+0.046%$7K$4K5xas long as short
Binance TLMUSDTshort+0.0100%4h0.001502+0.065%$1.5M$2.3M20x
Bybit TLMUSDT+0.0100%8h0.001504+0.165%$423K$309K20xas long as short
Gate TLM_USDT+0.0100%8h0.001501−0.021%$98K$490K25xas long as short
MEXC TLM_USDT+0.0100%4h0.001502+0.045%$1.1M$372K20xas long as short
Bitget TLMUSDT+0.0100%4h0.001502+0.045%$600K$172K10xas long as short
BingX TLM-USDT+0.0100%4h0.001502+0.045%$1.3Mas long as short
Variational Omni TLM+0.0100%8h0.001503+0.098%$9K$1Kas long as short
edgeX TLMUSDClong+0.0100%4h0.001501long leg$627$210K5x
Kraken Futures PF_TLMUSD+0.0400%1h0.001502+0.031%$22K$4K10xas long as short