Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: Bitget against Gate−0.067%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1531.530% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.067%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.046% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.021%.
| 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 | 2h 32m | $93K | $505K | 25x |
| Short | Bitget TLMUSDT | 0.001485 | 0.0100 | get 0.0050% / 4h | 2h 32m | $599K | $187K | 10x |
Gate TLM_USDT
Bitget TLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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% → −0.021%
- −$4.65
- Slippage, 4 orders
- −$125.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$157.62
- Costs to cover
- 1.530%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; Bitget: live order book, 13 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, 13 min ago | 3.34 bp | 57.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 3.35 bp | 16.6 bp −$17 | 79.4 bp −$794 | 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 | −0.0666% | 1h | 0.001482 | −0.247% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001486 | −0.005% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001487 | +0.067% | $1.5M | $2.4M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001486 | 0.000% | $380K | $345K | 20x | as long as short |
| Gate TLM_USDTlong | +0.0100% | 8h | 0.001486 | long leg | $93K | $505K | 25x | |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001487 | +0.067% | $1.0M | $408K | 20x | as long as short |
| Bitget TLMUSDTshort | +0.0100% | 4h | 0.001485 | −0.067% | $599K | $187K | 10x | |
| BingX TLM-USDT | +0.0100% | 4h | 0.001488 | +0.135% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001489 | +0.233% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001492 | +0.409% | $539 | $210K | 5x | as long as short |
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
MEXC TLM_USDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC