Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

TMX

All TMX markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXTERMMAX-USDT
0.01427+0.0100pay 0.0050% / 4h3h 33m$941K$1.3M—Long BingX
SHORT
BybitTMXUSDT
0.01425+0.0564get 0.0282% / 4h3h 33m$1.3M$7.2M20xShort Bybit
Price gap−0.140%
Funding gap+0.0464% /8h

Funding trade: +$14 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$5+0.0464% /8h now · paid +0.053% over the last 7D
Price$0spread −0.140% now, avg −0.137% → −0.003% if it goes back
Costs−$4544.538% of $10k · taker + slippage, in and out
Result−$449−4.49%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.053% in total, about +0.0025%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.140%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

TMX on 4 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size105.8 / 107.7 bp
    At $10k entering Bybit costs 107.7 bp, fee and slippage, 1.0× BingX’s.
  • Note: Margin at max leverage— + $500
    BingX —, Bybit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$13.91Long BingX: 6 payments, −$3.00; short Bybit: 6 payments, +$16.91.
  • Note: Gap at its usual level−0.140% vs −0.137%
    The price leg adds little either way.
  • Watch: Long leg is thinner$941K vs $1.3M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Bybit Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0025%/8h × 21 periods+$5.32
Price spread−0.140% → −0.137% (7d avg)−$0.33
Slippage, 4 orderslive order books−$432.83
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$448.83
Costs to cover4.538%Break-even597.5 days
Slippage: BingX: live order book, 10 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX10.58105.8 bp−$106577.0 bp−$5,7701329.9 bp−$133.0K1442.1 bp−$721.1K
SELL · SHORTBybit3.53107.7 bp−$108372.8 bp−$3,728doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

TMX news

posts that mention TMX, from every exchangeSearch all news →
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