Funding you earn now, next payment 12:00 UTC−0.0770%/8h= −84.3% APRpaid last 24h +0.109%
Price spread now: Bybit against edgeX+0.108%111s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.321%+$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.108% dearer against edgeX than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.321%, so the current rate has only just turned against you. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.321% in total (about 16.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TBTUSDC | 38.439 | 0.0770 | pay 0.0385% / 4h | 2h 19m | $21K | $182K | 10x |
| Short | Bybit TBTUSDT | 38.480 | 0 | get 0.0000% / 8h | 6h 19m | $77K | $12K | 25x |
edgeX TBTUSDC
Bybit TBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$161.61
- Price spread: +0.108% → 0.000%
- $10.76
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$170.85
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 30 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 30 min ago | 13.04 bp | 54.3 bp −$54 | doesn't fit | doesn't fit | doesn'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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TBTUSDT | 0.0000% | 8h | 38.440 | +0.004% | $230K | $124K | 25x | as long as short |
| Bybit TBTUSDTshort | 0.0000% | 8h | 38.480 | +0.108% | $77K | $12K | 25x | |
| Gate TBT_USDT | 0.0000% | 8h | 38.470 | +0.082% | $87K | $8K | 20x | as long as short |
| MEXC TBT_USDT | 0.0000% | 8h | 38.500 | +0.160% | $111K | $82K | 20x | as long as short |
| Bitget TBTUSDT | 0.0000% | 8h | 38.470 | +0.082% | $21K | $11K | 20x | as long as short |
| HTX TBT-USDT | 0.0000% | 8h | 38.440 | +0.004% | $5K | $296K | 10x | as long as short |
| edgeX TBTUSDClong | +0.0770% | 4h | 38.439 | long leg | $21K | $182K | 10x |
Binance TBTUSDT
Gate TBT_USDT
MEXC TBT_USDT
Bitget TBTUSDT
HTX TBT-USDT