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

TBT

RWAall TBT 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 +0.133%
Price spread now: Bybit against Binance−0.011%7-day average · you buy dearer than you sell
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 7 days+0.235%+$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TBTUSDT38.6940get 0.0000% / 8h2h 35m$234K$111K25x
ShortBybit TBTUSDT38.6900get 0.0000% / 8h2h 35m$76K$7K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: −0.011% → 0.000%
−$1.13
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$22.13
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 57 min ago; Bybit: no order-book sample. 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 Binance live order book, 57 min ago9.05 bp55.4 bp −$55185.2 bp −$1,852doesn't fitdoesn't fit
Sell Bybit no order-book sample
Bybit: 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.

TBT on 7 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
Binance TBTUSDTlong0.0000%8h38.694long leg$234K$111K25x
Bybit TBTUSDTshort0.0000%8h38.690−0.011%$76K$7K25x
Gate TBT_USDT0.0000%8h38.720+0.066%$88K$8K20xas long as short
MEXC TBT_USDT0.0000%8h38.700+0.014%$108K$80K20xas long as short
Bitget TBTUSDT0.0000%8h38.762+0.175%$22K$12K20xas long as short
HTX TBT-USDT0.0000%8h38.700+0.014%$5K$299K10xas long as short
edgeX TBTUSDC+0.0171%4h38.690−0.011%$21K$183K10xas long as short