Funding you earn now, next payment 05:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.049%
Price spread now: tradeXYZ against BloFin−0.189%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.189% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TLT-USDT | 81.910 | 0.0010 | pay 0.0010% / 8h | 3h 40m | $27K | $6K | 25x |
| Short | tradeXYZ xyz:TLT | 81.755 | −0.0095 | pay 0.0012% / 1h | 40m 50s | $560K | $329K | 20x |
BloFin TLT-USDT
tradeXYZ xyz:TLTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against BloFin. 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
- −$22.13
- Price spread: −0.189% → 0.000%
- −$18.92
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$71.05
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 46 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 46 min ago | 0.92 bp | 11.3 bp −$11 | 29.1 bp −$291 | doesn't fit | doesn't fit |
BloFin: 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.
TLT on 8 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:TLTshort | −0.0095% | 1h | 81.755 | −0.189% | $560K | $329K | 20x | |
| Bybit TLTUSDT | 0.0000% | 8h | 81.930 | +0.024% | $47K | $26K | 25x | as long as short |
| Gate TLT_USDT | 0.0000% | 8h | 82.380 | +0.574% | $349K | $13K | 50x | as long as short |
| MEXC TLT_USDT | 0.0000% | 8h | 81.930 | +0.024% | $132K | $92K | 20x | as long as short |
| Bitget TLTUSDT | 0.0000% | 8h | 81.780 | −0.159% | $9K | $11K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 81.750 | −0.195% | — | $2.4M | 10x | as long as short |
| HTX TLT-USDT | 0.0000% | 1h | 81.932 | +0.027% | $4K | $368K | 20x | as long as short |
| BloFin TLT-USDTlong | +0.0010% | 8h | 81.910 | long leg | $27K | $6K | 25x |
Bybit TLTUSDT
Gate TLT_USDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT