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: Bybit against Gate+0.200%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.235%+$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.200% dearer against Gate than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TMF_USDT | 29.970 | 0 | get 0.0000% / 8h | 5h 42m | $52K | $6K | 20x |
| Short | Bybit TMFUSDT | 30.030 | 0 | get 0.0000% / 8h | 5h 42m | $174K | $38K | 25x |
Gate TMF_USDT
Bybit TMFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $0
- Price spread: +0.200% → 0.000%
- $20.02
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$5.98
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 6.66 bp | 82.6 bp −$83 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TMFUSDC | −0.0686% | 4h | 30.044 | +0.245% | $13K | $284K | 10x | as long as short |
| Bitget TMFUSDT | −0.0031% | 8h | 30.006 | +0.120% | $199K | $51K | 20x | as long as short |
| Bybit TMFUSDTshort | 0.0000% | 8h | 30.030 | +0.200% | $174K | $38K | 25x | |
| Gate TMF_USDTlong | 0.0000% | 8h | 29.970 | long leg | $52K | $6K | 20x | |
| HTX TMF-USDT | 0.0000% | 8h | 30.080 | +0.367% | $10K | $255K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0726% | 8h | 30.010 | +0.133% | $150K | $134K | 20x | as long as short |
| Variational Omni TMF | +0.0977% | 8h | 30.054 | +0.282% | $29K | $4K | — | as long as short |
| MEXC TMF_USDT | +0.1063% | 8h | 29.970 | 0.000% | $652K | $87K | 20x | as long as short |
| Binance TMFUSDT | +0.1075% | 8h | 30.050 | +0.267% | $1.3M | $355K | 25x | as long as short |
edgeX TMFUSDC
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT