TLT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetTLTUSDT	78.160	+0.0222	pay 0.0222% / 8h	8m 04s	$927K	$280K	20x	Long Bitget
SHORT	QFEXTLT-USD	77.990	0	0.0000% / 1h	8m 04s	$1.8M	$14.1M	10x	Short QFEX

Price gap−0.218%

Funding gap−0.0222% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.076% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$0−0.0222% /8h now · paid −0.002% over the last 5 days (all we have)

Price−$8spread −0.218% now, avg −0.142% → −0.076% if it goes back

Costs−$510.515% of $10k · taker + slippage, in and out

Result−$59−0.59%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 5 days it paid −0.002% in total, about −0.0001%/8h on average.

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

QFEX price against Bitgetnow

RANGE STATS · 7D

Now−0.218%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

TLT on 9 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size18.0 / 5.6 bp
At $10k entering Bitget costs 18.0 bp, fee and slippage, 3.2× QFEX’s.
Note: Margin at max leverage$500 + $1,000
Bitget 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$6.66Long Bitget: 3 payments, −$6.66; short QFEX: 24 payments, $0.00.
Watch: Gap narrower than usual−0.218% vs −0.142%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$927K vs $1.8M OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · QFEX No
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0001%/8h × 21 periods−$0.29

Price spread−0.218% → −0.142% (7d avg)−$7.60

Slippage, 4 orderslive order books−$29.46

Fee Bitget bp × 2 orders−$12.00

Fee QFEX bp × 2 orders−$10.00

Net · 7 days · $10k−$59.35

Costs to cover0.515%Break-evennever at this rate

Slippage: Bitget: live order book, 23 min ago; QFEX: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget8.9618.0 bp−$1821.5 bp−$215doesn’t fitdoesn’t fit

SELL · SHORTQFEX0.645.6 bp−$65.6 bp−$5611.3 bp−$1,128doesn’t fit

Closing costs about the same again.

TLT news

posts that mention TLT, from every exchangeSearch all news →

09-24 13:06	QFEX	Other	$TLT - iShares 20+ Year Treasury Bond ETF is now trading 24/7 on QFEX @QFEX on X ↗
09-24 11:58	QFEX	Listing	new market TLT-USD ($TLT) seen by our collector
09-21 13:32	Bitget	Listing	new market TLTUSDT ($TLT) seen by our collector
09-20 04:12	HTX	Listing	New TradFi Futures Listing! 🚀 HTX adds CVXSTOCK/USDT and TLT/USDT perpetual futures with up to 20x leverage. Join HTX's Futures Trading Contest! @HTX_Global on X ↗
09-18 18:00	Bybit	Listing	New TradFi Perpetual Contract Listing: $TLTUSDT, $SECZUSDT and $AMZUUSDT are now live on Bybit! 🚀 Trade $TLT: Trade $SECZ: Trade $AMZU: #Bybit #MakeYourMove @Bybit_Official on X ↗
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TLT