Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.010%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2652.647% of the position
Funding, last 7 days+0.265%+$26 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.010%, 7d avg −0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TMFUSDT | 30.007 | 0 | get 0.0000% / 8h | 6h 29m | $199K | $50K | 20x |
| Short | Bybit TMFUSDT | 30.010 | 0 | get 0.0000% / 8h | 6h 29m | $174K | $38K | 25x |
Bitget TMFUSDT
Bybit TMFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.010% → −0.010%
- $1.98
- Slippage, 4 orders
- −$241.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$262.68
- Costs to cover
- 2.647%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 30 min ago; Bybit: live order book, 20 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, 30 min ago | 16.10 bp | 26.9 bp −$27 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 20 min ago | 9.98 bp | 89.0 bp −$89 | doesn't fit | 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 | −0.0536% | 4h | 30.050 | +0.142% | $13K | $284K | 10x | as long as short |
| Bybit TMFUSDTshort | 0.0000% | 8h | 30.010 | +0.010% | $174K | $38K | 25x | |
| Gate TMF_USDT | 0.0000% | 8h | 29.960 | −0.157% | $52K | $6K | 20x | as long as short |
| Bitget TMFUSDTlong | 0.0000% | 8h | 30.007 | long leg | $199K | $50K | 20x | |
| HTX TMF-USDT | 0.0000% | 8h | 30.010 | +0.010% | $9K | $255K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0470% | 8h | 30.000 | −0.023% | $147K | $130K | 20x | as long as short |
| Variational Omni TMF | +0.0724% | 8h | 30.010 | +0.011% | $27K | $2K | — | as long as short |
| MEXC TMF_USDT | +0.0768% | 8h | 29.940 | −0.223% | $652K | $88K | 20x | as long as short |
| Binance TMFUSDT | +0.0773% | 8h | 30.020 | +0.043% | $1.3M | $346K | 25x | as long as short |
edgeX TMFUSDC
Gate TMF_USDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT