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

TMF

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bybit−0.066%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$630as in the Price arb table
costs, in and out, $10k−$6206.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.066%, 7d avg +0.040%
Together, before fees+0.110%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.106% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TMFUSDT30.1300get 0.0000% / 8h6h 17m$162K$56K25x
ShortHTX TMF-USDT30.1100get 0.0000% / 8h6h 17m$9K$251K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.066% → +0.040%
−$10.64
Slippage, 4 orders
−$596.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$630.48
Costs to cover
6.198%
Break-even
never at this rate
Slippage from Bybit: live order book, 28 min ago; HTX: live order book, 32 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, 28 min ago14.91 bp84.2 bp −$84doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 32 min ago29.80 bp222.7 bp −$223doesn't fitdoesn't fitdoesn't fit

TMF on 9 exchanges

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−0.0279%4h30.105−0.082%$13K$287K10xas long as short
Bybit TMFUSDTlong0.0000%8h30.130long leg$162K$56K25x
Gate TMF_USDT0.0000%8h30.110−0.066%$52K$8K20xas long as short
Bitget TMFUSDT0.0000%8h30.112−0.060%$164K$95K20xas long as short
HTX TMF-USDTshort0.0000%8h30.110−0.066%$9K$251K10x
OKX TMF-USDT-SWAP+0.0249%8h30.140+0.033%$152K$143K20xas long as short
Variational Omni TMF+0.0413%8h30.119−0.037%$29K$6Kas long as short
Binance TMFUSDT+0.0494%8h30.110−0.066%$1.2M$539K25xas long as short
MEXC TMF_USDT+0.0499%8h30.110−0.066%$643K$92K20xas long as short