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

TXN

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Extended against Bybit−0.152%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.152% cheaper against Bybit than usual: you would sell low and buy high (spread −0.152% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 13 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TXNUSDT269.420get 0.0000% / 8h4h 51m$155K$269K25x
ShortExtended TXN-USD269.010.0040get 0.0005% / 1h51m 11s$41K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$8.4
Price spread: −0.152% → 0.000%
−$15.22
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$22.82
Costs to cover
0.160%
Break-even
26.0 days
Slippage unknown: Bybit: live order book, 46 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 46 min ago5.00 bp115.6 bp −$116249.5 bp −$2,495doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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.

TXN on 7 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TXNUSDT0.0000%8h269.45+0.011%$266K$466K25xas long as short
Bybit TXNUSDTlong0.0000%8h269.42long leg$155K$269K25x
Gate TXN_USDT0.0000%8h269.60+0.067%$226K$93K20xas long as short
Bitget TXNUSDT0.0000%8h269.36−0.022%$144K$69K20xas long as short
Variational Omni TXN0.0000%8h269.28−0.052%$20K$11Kas long as short
Extended TXN-USDshort+0.0040%1h269.01−0.152%$41K$8K10x
HTX TXN-USDT+0.0100%8h269.39−0.011%$4K$37K10xas long as short