Funding you earn now, next payment 07:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h +0.020%
Price spread now: Gate against tradeXYZ+0.589%7-day average +0.726% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3413.412% of the position
Funding, last 4 days (all we have)−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.441%+$44 · spread now +0.589%, 7d avg +0.726%
=Together, before fees+0.336%+ Points / potential airdroptradeXYZ: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.137% cheaper against tradeXYZ than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.726%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.105% in total (about -8.6% 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 | tradeXYZ xyz:TLT | 81.629 | 0.0268 | pay 0.0033% / 1h | 42m 06s | $544K | $330K | 20x |
| Short | Gate TLT_USDT | 82.110 | 0 | get 0.0000% / 8h | 1h 42m | $346K | $11K | 50x |
tradeXYZ xyz:TLT
Gate TLT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$56.27
- Price spread: +0.589% → +0.726%
- −$13.68
- Slippage, 4 orders
- −$308.17
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$411.12
- Costs to cover
- 3.412%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 24 min ago; Gate: live order book, 63 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 tradeXYZ live order book, 24 min ago | 7.71 bp | 16.8 bp −$17 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 29.74 bp | 136.8 bp −$137 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TLT-USDT | −0.0028% | 8h | 82.100 | +0.577% | $27K | $6K | 25x | as long as short |
| Bybit TLTUSDT | 0.0000% | 8h | 81.850 | +0.271% | $47K | $26K | 25x | as long as short |
| Gate TLT_USDTshort | 0.0000% | 8h | 82.110 | +0.589% | $346K | $11K | 50x | |
| MEXC TLT_USDT | 0.0000% | 8h | 81.730 | +0.124% | $131K | $91K | 20x | as long as short |
| Bitget TLTUSDT | 0.0000% | 8h | 81.630 | +0.001% | $7K | $13K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 81.689 | +0.074% | — | $2.4M | 10x | as long as short |
| HTX TLT-USDT | 0.0000% | 1h | 81.791 | +0.198% | $4K | $368K | 20x | as long as short |
| tradeXYZ xyz:TLTlong | +0.0268% | 1h | 81.629 | long leg | $544K | $330K | 20x |
BloFin TLT-USDT
Bybit TLTUSDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT