Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Bybit against Extended−0.204%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.204% cheaper against Extended than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TXN-USD | 271.05 | 0.0040 | pay 0.0005% / 1h | 58m 15s | $41K | $12K | 10x |
| Short | Bybit TXNUSDT | 270.50 | 0 | get 0.0000% / 8h | 1h 58m | $165K | $60K | 25x |
Extended TXN-USD
Bybit TXNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$8.4
- Price spread: −0.204% → 0.000%
- −$20.36
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 32 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 32 min ago | 12.95 bp | 76.3 bp −$76 | 251.4 bp −$2,514 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TXNUSDT | 0.0000% | 8h | 270.45 | −0.223% | $285K | $466K | 25x | as long as short |
| Bybit TXNUSDTshort | 0.0000% | 8h | 270.50 | −0.204% | $165K | $60K | 25x | |
| Gate TXN_USDT | 0.0000% | 8h | 270.60 | −0.167% | $226K | $92K | 20x | as long as short |
| Bitget TXNUSDT | 0.0000% | 8h | 270.99 | −0.023% | $153K | $103K | 20x | as long as short |
| Variational Omni TXN | 0.0000% | 8h | 270.41 | −0.237% | $20K | $13K | — | as long as short |
| Extended TXN-USDlong | +0.0040% | 1h | 271.05 | long leg | $41K | $12K | 10x | |
| HTX TXN-USDT | +0.0100% | 8h | 270.75 | −0.111% | $4K | $36K | 10x | as long as short |
Binance TXNUSDT
Gate TXN_USDT
Bitget TXNUSDT
Variational Omni TXN
HTX TXN-USDT