Funding you earn now, next payment 12:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h +0.109%
Price spread now: Gate against edgeX+0.232%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Gate is 0.232% dearer against edgeX than usual: you sell high and buy low (spread +0.232% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 7 days funding on this pair paid +0.283%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.283% in total (about 14.7% 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 | 38.381 | 0.0620 | pay 0.0310% / 4h | 50m 49s | $21K | $182K | 10x |
| Short | Gate TBT_USDT | 38.470 | 0 | get 0.0000% / 8h | 4h 50m | $87K | $7K | 20x |
edgeX TBTUSDC
Gate TBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$130.24
- Price spread: +0.232% → 0.000%
- $23.22
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.02
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 54 min ago; Gate: 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, 54 min ago | 7.80 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 | 38.400 | +0.050% | $230K | $123K | 25x | as long as short |
| Bybit TBTUSDT | 0.0000% | 8h | 38.490 | +0.284% | $78K | $12K | 25x | as long as short |
| Gate TBT_USDTshort | 0.0000% | 8h | 38.470 | +0.232% | $87K | $7K | 20x | |
| MEXC TBT_USDT | 0.0000% | 8h | 38.410 | +0.076% | $110K | $80K | 20x | as long as short |
| Bitget TBTUSDT | 0.0000% | 8h | 38.456 | +0.196% | $21K | $11K | 20x | as long as short |
| HTX TBT-USDT | 0.0000% | 8h | 38.390 | +0.024% | $5K | $295K | 10x | as long as short |
| edgeX TBTUSDClong | +0.0620% | 4h | 38.381 | long leg | $21K | $182K | 10x |
Binance TBTUSDT
Bybit TBTUSDT
MEXC TBT_USDT
Bitget TBTUSDT
HTX TBT-USDT