Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Binance against Gate+0.135%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1721.722% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.135%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.103% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TLM_USDT | 0.001486 | 0.0100 | pay 0.0100% / 8h | 14m 46s | $89K | $484K | 25x |
| Short | Binance TLMUSDT | 0.001488 | 0.0100 | get 0.0050% / 4h | 14m 46s | $1.5M | $2.3M | 20x |
Gate TLM_USDT
Binance TLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.135% → +0.031%
- $10.34
- Slippage, 4 orders
- −$147.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$161.9
- Costs to cover
- 1.722%
- Break-even
- never at this rate
Slippage from Gate: live order book, 21 min ago; Binance: live order book, 5 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 Gate live order book, 21 min ago | 6.72 bp | 61.6 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.36 bp | 25.8 bp −$26 | 153.0 bp −$1,530 | 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 | −0.163% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001489 | +0.175% | $7K | $623 | 5x | as long as short |
| Binance TLMUSDTshort | +0.0100% | 4h | 0.001488 | +0.135% | $1.5M | $2.3M | 20x | |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001488 | +0.121% | $384K | $318K | 20x | as long as short |
| Gate TLM_USDTlong | +0.0100% | 8h | 0.001486 | long leg | $89K | $484K | 25x | |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001487 | +0.067% | $1.0M | $412K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001486 | 0.000% | $599K | $163K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001487 | +0.067% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001487 | +0.096% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001488 | +0.102% | $538 | $211K | 5x | as long as short |
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Bybit TLMUSDT
MEXC TLM_USDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC