Funding you earn now, next payment 12:00 UTC−0.0573%/8h= −62.7% APRpaid last 24h −0.246%
Price spread now: edgeX against Binance−0.029%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
Funding, last 7 days−1.262%−$126 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.029%, 7d avg −0.028%
=Together, before fees−1.281%+ Points / potential airdropedgeX: Active · farm board−$128 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TMFUSDT | 30.205 | 0.0130 | pay 0.0130% / 8h | 4h 51m | $1.2M | $533K | 25x |
| Short | edgeX TMFUSDC | 30.197 | −0.0442 | pay 0.0221% / 4h | 51m 29s | $13K | $286K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$120.27
- Price spread: −0.029% → −0.028%
- −$0.08
- Slippage, 4 orders
- −$93.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$232.69
- Costs to cover
- 1.123%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; edgeX: live order book, 54 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 Binance live order book, 4 min ago | 1.65 bp | 33.9 bp −$34 | 125.1 bp −$1,251 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 9.93 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
TMF on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TMFUSDCshort | −0.0442% | 4h | 30.197 | −0.029% | $13K | $286K | 10x | |
| Bybit TMFUSDT | 0.0000% | 8h | 30.210 | +0.015% | $161K | $56K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 30.190 | −0.051% | $52K | $8K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 30.205 | −0.001% | $164K | $94K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 30.210 | +0.015% | $9K | $252K | 10x | as long as short |
| Variational Omni TMF | +0.0077% | 8h | 30.197 | −0.028% | $29K | $6K | — | as long as short |
| Binance TMFUSDTlong | +0.0130% | 8h | 30.205 | long leg | $1.2M | $533K | 25x | |
| MEXC TMF_USDT | +0.0133% | 8h | 30.200 | −0.018% | $645K | $90K | 20x | as long as short |
| OKX TMF-USDT-SWAP | +0.0181% | 8h | 30.210 | +0.015% | $152K | $143K | 20x | as long as short |
Binance TMFUSDT
edgeX TMFUSDC
Bybit TMFUSDT
Gate TMF_USDT
Bitget TMFUSDT
HTX TMF-USDT
Variational Omni TMF
MEXC TMF_USDT
OKX TMF-USDT-SWAP