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

TENCENT

RWAall TENCENT markets
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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 0.000%
Price spread now: Bybit against Bitget+0.018%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2592.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.018%, 7d avg +0.017%
Together, before fees−0.073%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TENCENTUSDT55.5800get 0.0000% / 8h6h 49m$1.8M$1.8M20x
ShortBybit TENCENTUSDT55.5900get 0.0000% / 8h6h 49m$306K$159K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.018% → +0.017%
$0.11
Slippage, 4 orders
−$235.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$258.56
Costs to cover
2.587%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 9 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 Bitget live order book, 2 min ago4.50 bp16.4 bp −$1619.6 bp −$196doesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago7.21 bp56.9 bp −$57doesn't fitdoesn't fitdoesn't fit

TENCENT on 9 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
Aster TENCENTUSDT0.0000%8h55.594+0.026%$52K$4K20xas long as short
Binance TENCENTUSDT0.0000%4h55.640+0.108%$3.1M$1.2M25xas long as short
Bybit TENCENTUSDTshort0.0000%8h55.590+0.018%$306K$159K25x
Bitget TENCENTUSDTlong0.0000%8h55.580long leg$1.8M$1.8M20x
HTX TENCENT-USDT0.0000%4h55.720+0.252%$10K$37K10xas long as short
Lighter TENCENT+0.0032%1h55.987+0.732%$66K$2K10xas long as short
edgeX TENCENTUSDC+0.0072%4h55.641+0.111%$115K$209K10xas long as short
Gate TENCENT_USDT+0.0095%8h55.630+0.090%$1.8M$287K25xas long as short
KuCoin TENCENTUSDTM+0.0100%4h55.610+0.054%$119K$669K20xas long as short