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

TBT

RWAall TBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Binance against Bybit−0.131%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−0.214%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.131% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TBTUSDT38.4900get 0.0000% / 8h5h 28m$78K$12K25x
ShortBinance TBTUSDT38.4400get 0.0000% / 8h5h 28m$230K$123K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.131% → 0.000%
−$13.06
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$34.06
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: no order-book sample; Binance: live order book, 70 min ago. 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 Bybit no order-book sample
Sell Binance live order book, 70 min ago2.61 bp40.9 bp −$41130.9 bp −$1,309doesn't fitdoesn't fit
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 exchanges

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 TBTUSDTshort0.0000%8h38.440−0.131%$230K$123K25x
Bybit TBTUSDTlong0.0000%8h38.490long leg$78K$12K25x
Gate TBT_USDT0.0000%8h38.450−0.104%$87K$8K20xas long as short
MEXC TBT_USDT0.0000%8h38.430−0.156%$110K$81K20xas long as short
Bitget TBTUSDT0.0000%8h38.476−0.036%$21K$11K20xas long as short
HTX TBT-USDT0.0000%8h38.440−0.130%$5K$297K10xas long as short
edgeX TBTUSDC+0.0527%4h38.440−0.131%$21K$184K10xas long as short