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

TLM

all TLM markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 05:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h +0.317%
Price spread now: edgeX against Kraken Futures+0.093%76s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on edgeX
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 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.093% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TLMUSD0.001503−0.0102get 0.0013% / 1h30m 18s$22K$4K10x
ShortedgeX TLMUSDC0.0015040.0100get 0.0050% / 4h3h 30m$543$210K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$42.49
Price spread: +0.093% → 0.000%
$9.32
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$32.81
Costs to cover
0.190%
Break-even
1.6 days
Slippage unknown: Kraken Futures: no order-book sample; edgeX: live order book, 22 min ago. 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 edgeX live order book, 22 min ago16.59 bp106.4 bp −$106doesn't fitdoesn't fitdoesn't fit
Kraken Futures: 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−0.0102%1h0.001503long leg$22K$4K10x
Aster TLMUSDT+0.0100%4h0.001504+0.107%$7K$4K5xas long as short
Binance TLMUSDT+0.0100%4h0.001504+0.104%$1.5M$2.3M20xas long as short
Bybit TLMUSDT+0.0100%8h0.001505+0.177%$425K$305K20xas long as short
Gate TLM_USDT+0.0100%8h0.001504+0.078%$98K$483K25xas long as short
MEXC TLM_USDT+0.0100%4h0.001504+0.078%$1.1M$386K20xas long as short
Bitget TLMUSDT+0.0100%4h0.001504+0.078%$601K$170K10xas long as short
BingX TLM-USDT+0.0100%4h0.001504+0.078%—$1.3M—as long as short
Variational Omni TLM+0.0100%8h0.001506+0.183%$9K$1K—as long as short
edgeX TLMUSDCshort+0.0100%4h0.001504+0.093%$543$210K5x