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 HTX−0.143%46s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$520as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5205.197% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.143%, 7d avg −0.027%
Together, before fees+0.051%+$5 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: Bitget is 0.116% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.027%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TMF-USDT29.9800get 0.0000% / 8h3h 12m$9K$253K10x
ShortBitget TMFUSDT29.9370get 0.0000% / 8h3h 12m$160K$86K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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: −0.143% → −0.027%
−$11.63
Slippage, 4 orders
−$495.67
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$531.3
Costs to cover
5.197%
Break-even
never at this rate
Slippage from HTX: live order book, 39 min ago; Bitget: 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 HTX live order book, 39 min ago28.38 bp217.6 bp −$218doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 32 min ago8.02 bp37.0 bp −$3750.6 bp −$506doesn't fitdoesn't fit

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−0.0901%4h29.973−0.025%$13K$288K10xas long as short
Bybit TMFUSDT0.0000%8h29.950−0.100%$163K$53K25xas long as short
Gate TMF_USDT0.0000%8h29.920−0.200%$51K$7K20xas long as short
Bitget TMFUSDTshort0.0000%8h29.937−0.143%$160K$86K20x
HTX TMF-USDTlong0.0000%8h29.980long leg$9K$253K10x
OKX TMF-USDT-SWAP+0.0765%8h30.000+0.067%$149K$138K20xas long as short
Variational Omni TMF+0.0928%8h29.975−0.017%$28K$5Kas long as short
MEXC TMF_USDT+0.1013%8h29.970−0.033%$637K$91K20xas long as short
Binance TMFUSDT+0.1016%8h29.979−0.003%$1.2M$500K25xas long as short