Settings8H · net · $10k
Funding arb · Price arb /

TMF

RWAall TMF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h −0.152%
Price spread now: edgeX against Bybit+0.015%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2072.069% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.060%−$106 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.015%, 7d avg +0.001%
Together, before fees−1.059%+ Points / potential airdropedgeX: Active · farm board−$106 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TMFUSDT29.9500get 0.0000% / 8h7h 48m$162K$55K25x
ShortedgeX TMFUSDC29.955−0.0143pay 0.0072% / 4h3h 48m$13K$286K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$30.09
Price spread: +0.015% → +0.001%
$1.42
Slippage, 4 orders
−$186.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$235.57
Costs to cover
2.069%
Break-even
never at this rate
Slippage from Bybit: live order book, 31 min ago; edgeX: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 31 min ago11.70 bp99.0 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 49 min ago10.05 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit

TMF on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TMFUSDCshort−0.0143%4h29.955+0.015%$13K$286K10x
Bybit TMFUSDTlong0.0000%8h29.950long leg$162K$55K25x
Gate TMF_USDT0.0000%8h29.880−0.234%$52K$8K20xas long as short
Bitget TMFUSDT0.0000%8h29.879−0.237%$165K$90K20xas long as short
HTX TMF-USDT0.0000%8h29.960+0.033%$9K$251K10xas long as short
OKX TMF-USDT-SWAP+0.0536%8h29.930−0.067%$149K$138K20xas long as short
Variational Omni TMF+0.0863%8h29.955+0.017%$29K$6Kas long as short
MEXC TMF_USDT+0.0954%8h29.940−0.033%$639K$90K20xas long as short
Binance TMFUSDT+0.0957%8h29.961+0.038%$1.2M$515K25xas long as short