Funding you earn now, next payment 08:00 UTC+0.0891%/8h= +97.6% APRpaid last 24h +0.154%
Price spread now: Bybit against edgeX−0.112%81s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2862.863% of the position
Funding, last 7 days+1.261%+$126 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.112%, 7d avg +0.001%
=Together, before fees+1.315%+ Points / potential airdropedgeX: Active · farm board+$132 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.113% cheaper against edgeX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of +0.001%). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$27 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TMFUSDC | 29.793 | −0.0891 | get 0.0446% / 4h | 1h 36m | $13K | $286K | 10x |
| Short | Bybit TMFUSDT | 29.760 | 0 | get 0.0000% / 8h | 1h 36m | $162K | $54K | 25x |
edgeX TMFUSDC
Bybit TMFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $187.21
- Price spread: −0.112% → +0.001%
- −$11.26
- Slippage, 4 orders
- −$266.27
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$110.32
- Costs to cover
- 2.863%
- Break-even
- 11.1 days
Slippage from edgeX: live order book, 7 min ago; Bybit: live order book, 54 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 edgeX live order book, 7 min ago | 10.07 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 54 min ago | 16.72 bp | 117.6 bp −$118 | 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 TMFUSDClong | −0.0891% | 4h | 29.793 | long leg | $13K | $286K | 10x | |
| Bybit TMFUSDTshort | 0.0000% | 8h | 29.760 | −0.112% | $162K | $54K | 25x | |
| Gate TMF_USDT | 0.0000% | 8h | 29.740 | −0.179% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.771 | −0.075% | $161K | $89K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.790 | −0.011% | $9K | $252K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0763% | 8h | 29.770 | −0.078% | $149K | $137K | 20x | as long as short |
| Variational Omni TMF | +0.1055% | 8h | 29.795 | +0.005% | $29K | $6K | — | as long as short |
| MEXC TMF_USDT | +0.1144% | 8h | 29.760 | −0.112% | $632K | $90K | 20x | as long as short |
| Binance TMFUSDT | +0.1144% | 8h | 29.783 | −0.036% | $1.2M | $513K | 25x | as long as short |
Gate TMF_USDT
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT