Funding you earn now, next payment 04:00 UTC−0.0612%/8h= −67.0% APRpaid last 24h −0.168%
Price spread now: edgeX against Gate+0.281%67s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.035%−$104 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. edgeX is 0.281% dearer against Gate than usual: you sell high and buy low (spread +0.281% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 37 hours. The two prices were read 67 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 | Gate TMF_USDT | 29.970 | 0 | get 0.0000% / 8h | 5h 38m | $52K | $6K | 20x |
| Short | edgeX TMFUSDC | 30.054 | −0.0612 | pay 0.0306% / 4h | 1h 38m | $13K | $282K | 10x |
Gate TMF_USDT
edgeX TMFUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$128.54
- Price spread: +0.281% → 0.000%
- $28.1
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$124.44
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; edgeX: live order book, 25 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 edgeX live order book, 25 min ago | 15.00 bp | 39.0 bp −$39 | 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 TMFUSDCshort | −0.0612% | 4h | 30.054 | +0.281% | $13K | $282K | 10x | |
| Bitget TMFUSDT | −0.0028% | 8h | 30.012 | +0.140% | $199K | $51K | 20x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 30.040 | +0.234% | $174K | $38K | 25x | as long as short |
| Gate TMF_USDTlong | 0.0000% | 8h | 29.970 | long leg | $52K | $6K | 20x | |
| HTX TMF-USDT | 0.0000% | 8h | 30.040 | +0.234% | $9K | $255K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0737% | 8h | 30.010 | +0.133% | $150K | $133K | 20x | as long as short |
| Variational Omni TMF | +0.1027% | 8h | 30.054 | +0.281% | $29K | $4K | — | as long as short |
| MEXC TMF_USDT | +0.1096% | 8h | 29.960 | −0.033% | $652K | $87K | 20x | as long as short |
| Binance TMFUSDT | +0.1099% | 8h | 30.040 | +0.235% | $1.3M | $355K | 25x | as long as short |
Bitget TMFUSDT
Bybit TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT