Funding you earn now, next payment 07:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h +0.020%
Price spread now: Bybit against tradeXYZ+0.322%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Bybit is 0.322% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.322% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TLT | 81.657 | 0.0107 | pay 0.0013% / 1h | 52m 56s | $543K | $329K | 20x |
| Short | Bybit TLTUSDT | 81.920 | 0 | get 0.0000% / 8h | 1h 52m | $47K | $26K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$22.48
- Price spread: +0.322% → 0.000%
- $32.21
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.27
- Costs to cover
- 0.290%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 13 min ago; Bybit: 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 tradeXYZ live order book, 13 min ago | 7.71 bp | 16.8 bp −$17 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TLT-USDT | −0.0004% | 8h | 81.810 | +0.187% | $27K | $6K | 25x | as long as short |
| Bybit TLTUSDTshort | 0.0000% | 8h | 81.920 | +0.322% | $47K | $26K | 25x | |
| Gate TLT_USDT | 0.0000% | 8h | 82.140 | +0.591% | $346K | $11K | 50x | as long as short |
| MEXC TLT_USDT | 0.0000% | 8h | 81.750 | +0.114% | $131K | $91K | 20x | as long as short |
| Bitget TLTUSDT | 0.0000% | 8h | 81.680 | +0.028% | $8K | $13K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 81.692 | +0.043% | — | $2.4M | 10x | as long as short |
| HTX TLT-USDT | 0.0000% | 1h | 81.801 | +0.176% | $4K | $369K | 20x | as long as short |
| tradeXYZ xyz:TLTlong | +0.0107% | 1h | 81.657 | long leg | $543K | $329K | 20x |
tradeXYZ xyz:TLT
Bybit TLTUSDT
BloFin TLT-USDT
Gate TLT_USDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT