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: Bitget against Bybit−0.077%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$288as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2612.612% of the position
Funding, last 7 days−0.265%−$26 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.077%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.086% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TMFUSDT | 29.960 | 0 | get 0.0000% / 8h | 3h 10m | $163K | $53K | 25x |
| Short | Bitget TMFUSDT | 29.937 | 0 | get 0.0000% / 8h | 3h 10m | $160K | $86K | 20x |
Bybit TMFUSDT
Bitget TMFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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: −0.077% → +0.009%
- −$8.56
- Slippage, 4 orders
- −$238.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$269.76
- Costs to cover
- 2.612%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 24 min ago; Bitget: live order book, 34 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 Bybit live order book, 24 min ago | 11.68 bp | 86.0 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 34 min ago | 8.02 bp | 37.0 bp −$37 | 50.6 bp −$506 | 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 | −0.0825% | 4h | 29.970 | +0.035% | $13K | $285K | 10x | as long as short |
| Bybit TMFUSDTlong | 0.0000% | 8h | 29.960 | long leg | $163K | $53K | 25x | |
| Gate TMF_USDT | 0.0000% | 8h | 29.920 | −0.134% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDTshort | 0.0000% | 8h | 29.937 | −0.077% | $160K | $86K | 20x | |
| HTX TMF-USDT | 0.0000% | 8h | 29.980 | +0.067% | $9K | $253K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0768% | 8h | 29.960 | 0.000% | $149K | $137K | 20x | as long as short |
| Variational Omni TMF | +0.0937% | 8h | 29.974 | +0.048% | $28K | $5K | — | as long as short |
| MEXC TMF_USDT | +0.1017% | 8h | 29.950 | −0.033% | $636K | $91K | 20x | as long as short |
| Binance TMFUSDT | +0.1017% | 8h | 29.970 | +0.033% | $1.2M | $500K | 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