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

TLM

all TLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against MEXC−0.134%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$690.687% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.153%+$15 on $10k
Price spread, last 7 days+0.158%+$16 · spread now −0.134%, 7d avg +0.018%
Together, before fees+0.312%+$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.152% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TLM_USDT0.0014900.0100pay 0.0050% / 4h2h 37m$1.0M$407K20x
ShortBingX TLM-USDT0.0014880.0100get 0.0050% / 4h2h 37m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$0
Price spread: −0.134% → +0.018%
−$15.23
Slippage, 4 orders
−$54.75
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$83.97
Costs to cover
0.687%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago3.36 bp10.6 bp −$1155.8 bp −$558197.5 bp −$19.7K299.8 bp −$149.9K
Sell BingX live order book, 4 min ago10.06 bp22.1 bp −$2275.8 bp −$758454.5 bp −$45.5K500.7 bp −$250.3K

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_TLMUSD−0.0664%1h0.001487−0.222%$22K$4K10xas long as short
Aster TLMUSDT+0.0100%4h0.001489−0.055%$7K$4K5xas long as short
Binance TLMUSDT+0.0100%4h0.001489−0.067%$1.5M$2.4M20xas long as short
Bybit TLMUSDT+0.0100%8h0.001489−0.060%$384K$343K20xas long as short
Gate TLM_USDT+0.0100%8h0.001489−0.067%$93K$502K25xas long as short
MEXC TLM_USDTlong+0.0100%4h0.001490long leg$1.0M$407K20x
Bitget TLMUSDT+0.0100%4h0.001488−0.134%$600K$185K10xas long as short
BingX TLM-USDTshort+0.0100%4h0.001488−0.134%$1.3M
Variational Omni TLM+0.0100%8h0.001491+0.088%$9K$1Kas long as short
edgeX TLMUSDC+0.0100%4h0.001486−0.265%$537$210K5xas long as short