Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against Bitget+0.161%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
Funding, last 7 days+0.415%+$42 on $10k
+Price spread, last 2 days (all we have)−0.252%−$25 · spread now +0.161%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.109% dearer against Bitget than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TMFUSDT | 30.287 | 0 | get 0.0000% / 8h | 57m 34s | $201K | $49K | 20x |
| Short | Binance TMFUSDT | 30.336 | 0 | get 0.0000% / 8h | 57m 34s | $1.3M | $320K | 25x |
Bitget TMFUSDT
Binance TMFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $0
- Price spread: +0.161% → +0.052%
- $10.88
- Slippage, 4 orders
- −$100.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$111.83
- Costs to cover
- 1.227%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 12 min ago; Binance: live order book, 5 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 Bitget live order book, 12 min ago | 18.48 bp | 25.4 bp −$25 | 64.0 bp −$640 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.65 bp | 13.2 bp −$13 | 63.8 bp −$638 | doesn't fit | doesn't fit |
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 | −0.0353% | 4h | 30.333 | +0.152% | $13K | $282K | 10x | as long as short |
| Binance TMFUSDTshort | 0.0000% | 8h | 30.336 | +0.161% | $1.3M | $320K | 25x | |
| Bybit TMFUSDT | 0.0000% | 8h | 30.330 | +0.142% | $166K | $37K | 25x | as long as short |
| OKX TMF-USDT-SWAP | 0.0000% | 8h | 30.320 | +0.109% | $156K | $71K | 20x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 30.300 | +0.043% | $52K | $4K | 20x | as long as short |
| MEXC TMF_USDT | 0.0000% | 8h | 30.320 | +0.109% | $640K | $81K | 20x | as long as short |
| Bitget TMFUSDTlong | 0.0000% | 8h | 30.287 | long leg | $201K | $49K | 20x | |
| Variational Omni TMF | 0.0000% | 8h | 30.341 | +0.178% | $27K | $17K | — | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 30.340 | +0.175% | $9K | $259K | 10x | as long as short |
edgeX TMFUSDC
Bybit TMFUSDT
OKX TMF-USDT-SWAP
Gate TMF_USDT
MEXC TMF_USDT
Variational Omni TMF
HTX TMF-USDT