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

TBT

RWAall TBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.4% APRnext payment $0.03 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Binance0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1271.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 2 days (all we have)−0.033%−$3 · spread now 0.000%, 7d avg +0.002%
Together, before fees−0.030%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TBTUSDT38.730−0.0201get 0.0201% / 8h6h 41m$232K$96K25x
ShortMEXC TBT_USDT38.730−0.0204pay 0.0204% / 8h6h 41m$108K$80K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$0.71
Price spread: 0.000% → +0.002%
−$0.23
Slippage, 4 orders
−$116.83
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$127.77
Costs to cover
1.268%
Break-even
never at this rate
Slippage from Binance: live order book, 36 min ago; MEXC: live order book, 63 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 Binance live order book, 36 min ago1.29 bp28.0 bp −$28138.2 bp −$1,382doesn't fitdoesn't fit
Sell MEXC live order book, 63 min ago10.35 bp27.8 bp −$28157.6 bp −$1,576227.0 bp −$22.7Kdoesn't fit

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
MEXC TBT_USDTshort−0.0204%8h38.7300.000%$108K$80K20x
Binance TBTUSDTlong−0.0201%8h38.730long leg$232K$96K25x
Bybit TBTUSDT0.0000%8h38.720−0.026%$76K$7K25xas long as short
Gate TBT_USDT0.0000%8h38.750+0.052%$89K$8K20xas long as short
Bitget TBTUSDT0.0000%8h38.814+0.217%$22K$14K20xas long as short
HTX TBT-USDT0.0000%8h38.750+0.052%$5K$304K10xas long as short
edgeX TBTUSDC+0.0140%4h38.745+0.038%$21K$183K10xas long as short