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

TMF

RWAall TMF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0888%/8h= −97.2% APRpaid last 24h −0.154%
Price spread now: edgeX against HTX+0.079%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$593as in the Funding arb table
Net, price: spread back to 7d avg − costs−$481as in the Price arb table
costs, in and out, $10k−$4934.929% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.997%−$100 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.079%, 7d avg −0.040%
Together, before fees−1.108%+ Points / potential airdropedgeX: Active · farm board−$111 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.120% dearer against HTX than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.040%): +$12 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TMF-USDT29.9200get 0.0000% / 8h7h 55m$9K$252K10x
ShortedgeX TMFUSDC29.944−0.0888pay 0.0444% / 4h3h 55m$13K$286K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$186.42
Price spread: +0.079% → −0.040%
$11.95
Slippage, 4 orders
−$471.9
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$667.37
Costs to cover
4.929%
Break-even
never at this rate
Slippage from HTX: live order book, 41 min ago; edgeX: live order book, 42 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, 41 min ago28.47 bp215.0 bp −$215doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 42 min ago10.05 bp21.0 bp −$21doesn't fitdoesn'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 TMFUSDCshort−0.0888%4h29.944+0.079%$13K$286K10x
Bybit TMFUSDT0.0000%8h29.900−0.067%$162K$55K25xas long as short
Gate TMF_USDT0.0000%8h29.870−0.167%$52K$8K20xas long as short
Bitget TMFUSDT0.0000%8h29.9200.000%$165K$90K20xas long as short
HTX TMF-USDTlong0.0000%8h29.920long leg$9K$252K10x
OKX TMF-USDT-SWAP+0.0542%8h29.930+0.033%$150K$137K20xas long as short
Variational Omni TMF+0.0860%8h29.946+0.086%$29K$6Kas long as short
MEXC TMF_USDT+0.0950%8h29.9200.000%$639K$89K20xas long as short
Binance TMFUSDT+0.0952%8h29.940+0.067%$1.2M$512K25xas long as short