Funding you earn now, next payment 08:00 UTC+0.0344%/8h= +37.7% APRpaid last 24h −0.020%
Price spread now: tradeXYZ against Gate−0.403%7-day average −0.726% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2912.910% of the position
Funding, last 5 days (all we have)+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.628%−$63 · spread now −0.403%, 7d avg −0.726%
=Together, before fees−0.522%+ Points / potential airdroptradeXYZ: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and tradeXYZ is 0.323% dearer against Gate than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.726%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.105% in total (about 8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TLT_USDT | 81.910 | 0 | get 0.0000% / 8h | 57m 41s | $345K | $11K | 50x |
| Short | tradeXYZ xyz:TLT | 81.580 | 0.0344 | get 0.0043% / 1h | 57m 41s | $544K | $334K | 20x |
Gate TLT_USDT
tradeXYZ xyz:TLTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Gate. 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
- $72.29
- Price spread: −0.403% → −0.726%
- $32.32
- Slippage, 4 orders
- −$258.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$186.43
- Costs to cover
- 2.910%
- Break-even
- 25.1 days
Slippage from Gate: live order book, 43 min ago; tradeXYZ: live order book, 69 min ago.
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 Gate live order book, 43 min ago | 11.57 bp | 153.2 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 69 min ago | 7.71 bp | 16.7 bp −$17 | 41.5 bp −$415 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TLT_USDTlong | 0.0000% | 8h | 81.910 | long leg | $345K | $11K | 50x | |
| Bitget TLTUSDT | 0.0000% | 8h | 81.600 | −0.378% | $8K | $13K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 81.661 | −0.304% | — | $2.4M | 10x | as long as short |
| HTX TLT-USDT | 0.0000% | 1h | 81.668 | −0.295% | $4K | $370K | 20x | as long as short |
| BloFin TLT-USDT | +0.0024% | 8h | 81.770 | −0.171% | $27K | $6K | 25x | as long as short |
| MEXC TLT_USDT | +0.0056% | 8h | 81.730 | −0.220% | $131K | $91K | 20x | as long as short |
| Bybit TLTUSDT | +0.0057% | 8h | 81.830 | −0.098% | $53K | $30K | 25x | as long as short |
| tradeXYZ xyz:TLTshort | +0.0344% | 1h | 81.580 | −0.403% | $544K | $334K | 20x |
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT
BloFin TLT-USDT
MEXC TLT_USDT
Bybit TLTUSDT