Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against MEXC−0.067%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.067%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.025% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TLM_USDT | 0.001499 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.1M | $415K | 20x |
| Short | Bitget TLMUSDT | 0.001498 | 0.0100 | get 0.0050% / 4h | 1h 59m | $603K | $188K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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: −0.067% → −0.041%
- −$2.54
- Slippage, 4 orders
- −$39.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$58.16
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 46 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 MEXC live order book, 1 min ago | 3.33 bp | 11.0 bp −$11 | 60.9 bp −$609 | 211.0 bp −$21.1K | 308.7 bp −$154.3K |
| Sell Bitget live order book, 46 min ago | 3.35 bp | 16.6 bp −$17 | 79.4 bp −$794 | 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 | −0.0658% | 1h | 0.001500 | +0.036% | $22K | $4K | 10x | as long as short |
| Aster TLMUSDT | +0.0100% | 4h | 0.001499 | −0.013% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001500 | +0.051% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001500 | +0.073% | $386K | $347K | 20x | as long as short |
| MEXC TLM_USDTlong | +0.0100% | 4h | 0.001499 | long leg | $1.1M | $415K | 20x | |
| Bitget TLMUSDTshort | +0.0100% | 4h | 0.001498 | −0.067% | $603K | $188K | 10x | |
| BingX TLM-USDT | +0.0100% | 4h | 0.001499 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001502 | +0.168% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001501 | +0.157% | $543 | $211K | 5x | as long as short |
| Gate TLM_USDT | +0.0136% | 8h | 0.001499 | 0.000% | $92K | $484K | 25x | as long as short |
MEXC TLM_USDT
Bitget TLMUSDT
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC
Gate TLM_USDT