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

TMF

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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: Bitget against Gate+0.063%7-day average · you sell dearer than you buy
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−0.030%−$3 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: Bitget is 0.063% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TMF_USDT29.9700get 0.0000% / 8h4h 52m$52K$6K20x
ShortBitget TMFUSDT29.9890get 0.0000% / 8h4h 52m$199K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.063% → 0.000%
$6.34
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.66
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 62 min ago. 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 Gate no order-book sample
Sell Bitget live order book, 62 min ago10.65 bp58.6 bp −$5987.5 bp −$875doesn't fitdoesn't fit
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−0.0219%4h29.998+0.094%$13K$282K10xas long as short
Bybit TMFUSDT0.0000%8h30.000+0.100%$173K$39K25xas long as short
Gate TMF_USDTlong0.0000%8h29.970long leg$52K$6K20x
Bitget TMFUSDTshort0.0000%8h29.989+0.063%$199K$52K20x
HTX TMF-USDT0.0000%8h30.030+0.200%$9K$254K10xas long as short
OKX TMF-USDT-SWAP+0.0882%8h30.000+0.100%$150K$133K20xas long as short
Variational Omni TMF+0.1207%8h30.005+0.117%$29K$4Kas long as short
MEXC TMF_USDT+0.1273%8h29.920−0.167%$651K$86K20xas long as short
Binance TMFUSDT+0.1276%8h30.000+0.100%$1.3M$372K25xas long as short