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

TMF

RWAall TMF markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against Bybit−0.201%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.235%−$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.201% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TMFUSDT29.9000get 0.0000% / 8h2h 21m$163K$54K25x
ShortGate TMF_USDT29.8400get 0.0000% / 8h2h 21m$51K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.201% → 0.000%
−$20.07
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$46.07
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 8 min ago; Gate: no order-book sample. Net counts fees only.

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, 8 min ago16.72 bp105.4 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell Gate no order-book sample
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 TMFUSDC−0.0254%4h29.885−0.049%$13K$285K10xas long as short
Bybit TMFUSDTlong0.0000%8h29.900long leg$163K$54K25x
Gate TMF_USDTshort0.0000%8h29.840−0.201%$51K$7K20x
Bitget TMFUSDT0.0000%8h29.903+0.010%$160K$86K20xas long as short
HTX TMF-USDT0.0000%8h29.890−0.033%$9K$252K10xas long as short
OKX TMF-USDT-SWAP+0.0834%8h29.960+0.201%$149K$136K20xas long as short
Variational Omni TMF+0.1097%8h29.885−0.050%$28K$5Kas long as short
Binance TMFUSDT+0.1153%8h29.893−0.023%$1.2M$507K25xas long as short
MEXC TMF_USDT+0.1159%8h29.860−0.134%$634K$91K20xas long as short