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

TLM

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0759%/8h= +83.1% APRpaid last 24h +0.294%
Price spread now: MEXC against Kraken Futures+0.075%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and MEXC is 0.075% dearer against Kraken Futures than usual: you sell high and buy low: +$8 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_TLMUSD0.001497−0.0659get 0.0082% / 1h50m 49s$22K$4K10x
ShortMEXC TLM_USDT0.0014980.0100get 0.0050% / 4h2h 50m$1.1M$406K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$159.45
Price spread: +0.075% → 0.000%
$7.55
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$153
Costs to cover
0.140%
Break-even
0.3 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago3.34 bp10.9 bp −$1156.1 bp −$561196.9 bp −$19.7K295.0 bp −$147.5K
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−0.0659%1h0.001497long leg$22K$4K10x
Aster TLMUSDT+0.0100%4h0.001498+0.078%$7K$4K5xas long as short
Binance TLMUSDT+0.0100%4h0.001499+0.164%$1.5M$2.3M20xas long as short
Bybit TLMUSDT+0.0100%8h0.001499+0.156%$389K$341K20xas long as short
Gate TLM_USDT+0.0100%8h0.001498+0.075%$95K$498K25xas long as short
MEXC TLM_USDTshort+0.0100%4h0.001498+0.075%$1.1M$406K20x
Bitget TLMUSDT+0.0100%4h0.001497+0.009%$601K$184K10xas long as short
BingX TLM-USDT+0.0100%4h0.001499+0.142%$1.3Mas long as short
Variational Omni TLM+0.0100%8h0.001499+0.121%$9K$1Kas long as short
edgeX TLMUSDC+0.0100%4h0.001497−0.001%$541$210K5xas long as short