Funding you earn now, next payment 08:00 UTC−0.0783%/8h= −85.7% APRnext payment −$7.83 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX0.000%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−0.310%−$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.310% in total (about -16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TMF-USDT-SWAP | 29.930 | 0.0783 | pay 0.0783% / 8h | 2h 55m | $149K | $138K | 20x |
| Short | Gate TMF_USDT | 29.930 | 0 | get 0.0000% / 8h | 2h 55m | $51K | $7K | 20x |
OKX TMF-USDT-SWAP
Gate TMF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- −$164.38
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$189.38
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 54 min ago; Gate: no order-book sample. 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 OKX live order book, 54 min ago | 6.68 bp | 128.3 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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 | −0.0344% | 4h | 29.970 | +0.135% | $13K | $288K | 10x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 29.950 | +0.067% | $163K | $53K | 25x | as long as short |
| Gate TMF_USDTshort | 0.0000% | 8h | 29.930 | 0.000% | $51K | $7K | 20x | |
| Bitget TMFUSDT | 0.0000% | 8h | 29.924 | −0.020% | $160K | $86K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 30.020 | +0.301% | $9K | $253K | 10x | as long as short |
| OKX TMF-USDT-SWAPlong | +0.0783% | 8h | 29.930 | long leg | $149K | $138K | 20x | |
| Variational Omni TMF | +0.0985% | 8h | 29.975 | +0.150% | $28K | $5K | — | as long as short |
| MEXC TMF_USDT | +0.1057% | 8h | 29.950 | +0.067% | $636K | $89K | 20x | as long as short |
| Binance TMFUSDT | +0.1060% | 8h | 29.983 | +0.177% | $1.2M | $500K | 25x | as long as short |
edgeX TMFUSDC
Bybit TMFUSDT
Bitget TMFUSDT
HTX TMF-USDT
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT