Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: BingX against Gate−0.067%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1551.555% of the position
Funding, last 7 days+0.357%+$36 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.067%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.113% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TLM_USDT | 0.001500 | 0.0100 | pay 0.0100% / 8h | 3h 13m | $97K | $502K | 25x |
| Short | BingX TLM-USDT | 0.001499 | 0.0100 | get 0.0050% / 4h | 3h 13m | — | $1.3M | — |
Gate TLM_USDT
BingX TLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.067% → +0.047%
- −$11.32
- Slippage, 4 orders
- −$130.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$166.79
- Costs to cover
- 1.555%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 min ago; BingX: live order book, 2 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, 37 min ago | 3.32 bp | 53.2 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.66 bp | 22.2 bp −$22 | 84.7 bp −$847 | 453.3 bp −$45.3K | 496.9 bp −$248.5K |
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 | −0.0103% | 1h | 0.001497 | −0.168% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001499 | −0.071% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001500 | −0.005% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001501 | +0.053% | $424K | $306K | 20x | as long as short |
| Gate TLM_USDTlong | +0.0100% | 8h | 0.001500 | long leg | $97K | $502K | 25x | |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001499 | −0.067% | $1.1M | $397K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001498 | −0.133% | $595K | $181K | 10x | as long as short |
| BingX TLM-USDTshort | +0.0100% | 4h | 0.001499 | −0.067% | — | $1.3M | — | |
| Variational Omni TLM | +0.0100% | 8h | 0.001503 | +0.229% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001501 | +0.045% | $477 | $211K | 5x | as long as short |
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
MEXC TLM_USDT
Bitget TLMUSDT
Variational Omni TLM
edgeX TLMUSDC