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 HTX−0.067%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$587as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6136.130% of the position
Funding, last 7 days+0.265%+$26 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.067%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.029% cheaper against HTX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TMF-USDT | 29.980 | 0 | get 0.0000% / 8h | 3h 10m | $9K | $253K | 10x |
| Short | Bybit TMFUSDT | 29.960 | 0 | get 0.0000% / 8h | 3h 10m | $163K | $53K | 25x |
HTX TMF-USDT
Bybit TMFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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: −0.067% → −0.037%
- −$2.92
- Slippage, 4 orders
- −$590.03
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$615.95
- Costs to cover
- 6.130%
- Break-even
- never at this rate
Slippage from HTX: live order book, 41 min ago; Bybit: live order book, 24 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 HTX live order book, 41 min ago | 28.38 bp | 217.6 bp −$218 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 24 min ago | 11.68 bp | 91.2 bp −$91 | 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 TMFUSDC | −0.0825% | 4h | 29.970 | −0.032% | $13K | $285K | 10x | as long as short |
| Bybit TMFUSDTshort | 0.0000% | 8h | 29.960 | −0.067% | $163K | $53K | 25x | |
| Gate TMF_USDT | 0.0000% | 8h | 29.920 | −0.200% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.937 | −0.143% | $160K | $86K | 20x | as long as short |
| HTX TMF-USDTlong | 0.0000% | 8h | 29.980 | long leg | $9K | $253K | 10x | |
| OKX TMF-USDT-SWAP | +0.0768% | 8h | 29.960 | −0.067% | $149K | $137K | 20x | as long as short |
| Variational Omni TMF | +0.0937% | 8h | 29.974 | −0.018% | $28K | $5K | — | as long as short |
| MEXC TMF_USDT | +0.1016% | 8h | 29.950 | −0.100% | $636K | $91K | 20x | as long as short |
| Binance TMFUSDT | +0.1017% | 8h | 29.970 | −0.033% | $1.2M | $500K | 25x | as long as short |
edgeX TMFUSDC
Gate TMF_USDT
Bitget TMFUSDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT