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

TLM

all TLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0449%/8h= +49.1% APRpaid last 24h +0.294%
Price spread now: Aster against Kraken Futures+0.205%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aster is 0.205% dearer against Kraken Futures than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TLMUSD0.001498−0.0349get 0.0044% / 1h58m 56s$22K$4K10x
ShortAster TLMUSDT0.0015010.0100get 0.0050% / 4h1h 58m$7K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$94.25
Price spread: +0.205% → 0.000%
$20.55
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$96.8
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_TLMUSDlong−0.0349%1h0.001498long leg$22K$4K10x
Aster TLMUSDTshort+0.0100%4h0.001501+0.205%$7K$4K5x
Binance TLMUSDT+0.0100%4h0.001502+0.293%$1.5M$2.3M20xas long as short
Bybit TLMUSDT+0.0100%8h0.001501+0.213%$386K$347K20xas long as short
MEXC TLM_USDT+0.0100%4h0.001499+0.093%$1.1M$415K20xas long as short
Bitget TLMUSDT+0.0100%4h0.001501+0.226%$604K$188K10xas long as short
BingX TLM-USDT+0.0100%4h0.001500+0.159%$1.3Mas long as short
Variational Omni TLM+0.0100%8h0.001502+0.261%$9K$1Kas long as short
edgeX TLMUSDC+0.0100%4h0.001501+0.250%$543$211K5xas long as short
Gate TLM_USDT+0.0136%8h0.001501+0.226%$92K$484K25xas long as short