Funding you earn now, next payment 08:00 UTC−0.1273%/8h= −139.3% APRnext payment −$12.73 per $10,000 · paid last 24h −0.026%
Price spread now: Gate against Binance+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.386%−$39 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.033% dearer against Binance than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.386% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.386% in total (about -20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.73 per $10,000. 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 | Binance TMFUSDT | 29.930 | 0.1273 | pay 0.1273% / 8h | 4h 51m | $1.3M | $382K | 25x |
| Short | Gate TMF_USDT | 29.940 | 0 | get 0.0000% / 8h | 4h 51m | $52K | $6K | 20x |
Binance TMFUSDT
Gate TMF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$267.23
- Price spread: +0.033% → 0.000%
- $3.34
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$288.89
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Gate: 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 Binance live order book, 11 min ago | 5.00 bp | 36.1 bp −$36 | 152.4 bp −$1,524 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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.
TMF on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TMFUSDC | −0.0640% | 4h | 30.006 | +0.253% | $13K | $282K | 10x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 29.890 | −0.134% | $172K | $41K | 25x | as long as short |
| Gate TMF_USDTshort | 0.0000% | 8h | 29.940 | +0.033% | $52K | $6K | 20x | |
| Bitget TMFUSDT | 0.0000% | 8h | 29.921 | −0.030% | $199K | $52K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.940 | +0.033% | $9K | $254K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0877% | 8h | 29.890 | −0.134% | $150K | $133K | 20x | as long as short |
| Variational Omni TMF | +0.1207% | 8h | 30.005 | +0.251% | $29K | $4K | — | as long as short |
| Binance TMFUSDTlong | +0.1273% | 8h | 29.930 | long leg | $1.3M | $382K | 25x | |
| MEXC TMF_USDT | +0.1275% | 8h | 29.910 | −0.067% | $643K | $88K | 20x | as long as short |
edgeX TMFUSDC
Bybit TMFUSDT
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT