Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.117%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$508as in the Funding arb table
Net, price: spread back to 7d avg − costs−$499as in the Price arb table
costs, in and out, $10k−$5085.077% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.117%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.085% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TMFUSDT | 30.005 | −0.0020 | get 0.0020% / 8h | 5h 32m | $199K | $51K | 20x |
| Short | HTX TMF-USDT | 30.040 | 0 | get 0.0000% / 8h | 5h 32m | $9K | $254K | 10x |
Bitget TMFUSDT
HTX TMF-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $4.2
- Price spread: +0.117% → +0.031%
- $8.54
- Slippage, 4 orders
- −$483.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$494.92
- Costs to cover
- 5.077%
- Break-even
- 831.9 days
Slippage from Bitget: live order book, 22 min ago; HTX: live order book, 29 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, 22 min ago | 10.65 bp | 17.0 bp −$17 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell HTX live order book, 29 min ago | 28.32 bp | 215.8 bp −$216 | 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 | −0.0034% | 4h | 30.045 | +0.135% | $13K | $283K | 10x | as long as short |
| Bitget TMFUSDTlong | −0.0020% | 8h | 30.005 | long leg | $199K | $51K | 20x | |
| Bybit TMFUSDT | 0.0000% | 8h | 30.040 | +0.117% | $174K | $38K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.970 | −0.117% | $52K | $6K | 20x | as long as short |
| HTX TMF-USDTshort | 0.0000% | 8h | 30.040 | +0.117% | $9K | $254K | 10x | |
| OKX TMF-USDT-SWAP | +0.0745% | 8h | 30.010 | +0.017% | $150K | $133K | 20x | as long as short |
| Variational Omni TMF | +0.1057% | 8h | 30.049 | +0.147% | $29K | $4K | — | as long as short |
| MEXC TMF_USDT | +0.1120% | 8h | 29.950 | −0.183% | $652K | $87K | 20x | as long as short |
| Binance TMFUSDT | +0.1122% | 8h | 30.010 | +0.017% | $1.3M | $357K | 25x | as long as short |
edgeX TMFUSDC
Bybit TMFUSDT
Gate TMF_USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT