Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against Gate+0.133%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3393.391% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.133%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TLM_USDT | 0.001504 | 0.0100 | pay 0.0100% / 8h | 3h 33m | $98K | $483K | 25x |
| Short | Bybit TLMUSDT | 0.001506 | 0.0100 | get 0.0100% / 8h | 3h 33m | $426K | $305K | 20x |
Gate TLM_USDT
Bybit TLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.133% → +0.040%
- $9.26
- Slippage, 4 orders
- −$313.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$329.87
- Costs to cover
- 3.391%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; Bybit: live order book, 11 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, 17 min ago | 3.32 bp | 53.2 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 2.65 bp | 91.2 bp −$91 | doesn't fit | 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 | −0.0102% | 1h | 0.001503 | −0.089% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001504 | +0.006% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001504 | 0.000% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDTshort | +0.0100% | 8h | 0.001506 | +0.133% | $426K | $305K | 20x | |
| Gate TLM_USDTlong | +0.0100% | 8h | 0.001504 | long leg | $98K | $483K | 25x | |
| MEXC TLM_USDT | +0.0100% | 4h | 0.001504 | 0.000% | $1.1M | $386K | 20x | as long as short |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001504 | 0.000% | $601K | $170K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001505 | +0.066% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001506 | +0.125% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001504 | −0.010% | $543 | $210K | 5x | as long as short |
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
MEXC TLM_USDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC