Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.225%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2332.332% of the position
Funding, last 7 days+0.356%+$36 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.225%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.187% dearer against Bitget than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TMFUSDT | 30.282 | 0 | get 0.0000% / 8h | 1m 24s | $201K | $45K | 20x |
| Short | OKX TMF-USDT-SWAP | 30.350 | 0 | get 0.0000% / 8h | 1m 24s | $156K | $69K | 20x |
Bitget TMFUSDT
OKX TMF-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.225% → +0.037%
- $18.73
- Slippage, 4 orders
- −$211.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$214.5
- Costs to cover
- 2.332%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 8 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, 3 min ago | 15.83 bp | 26.7 bp −$27 | 57.3 bp −$573 | doesn't fit | doesn't fit |
| Sell OKX live order book, 8 min ago | 11.53 bp | 56.5 bp −$57 | 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 | −0.0930% | 4h | 30.335 | +0.176% | $13K | $284K | 10x | as long as short |
| Binance TMFUSDT | 0.0000% | 8h | 30.345 | +0.208% | $1.3M | $322K | 25x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 30.320 | +0.125% | $166K | $33K | 25x | as long as short |
| OKX TMF-USDT-SWAPshort | 0.0000% | 8h | 30.350 | +0.225% | $156K | $69K | 20x | |
| Gate TMF_USDT | 0.0000% | 8h | 30.310 | +0.092% | $52K | $4K | 20x | as long as short |
| MEXC TMF_USDT | 0.0000% | 8h | 30.330 | +0.159% | $662K | $86K | 20x | as long as short |
| Bitget TMFUSDTlong | 0.0000% | 8h | 30.282 | long leg | $201K | $45K | 20x | |
| Variational Omni TMF | 0.0000% | 8h | 30.341 | +0.195% | $27K | $17K | — | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 30.350 | +0.225% | $10K | $258K | 10x | as long as short |
edgeX TMFUSDC
Binance TMFUSDT
Bybit TMFUSDT
Gate TMF_USDT
MEXC TMF_USDT
Variational Omni TMF
HTX TMF-USDT