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

TLT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin−0.341%82s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.341% cheaper against BloFin than usual: you would sell low and buy high, −$34 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TLT-USDT82.0800.0000pay 0.0000% / 8h9m 54s$27K$6K25x
ShortBybit TLTUSDT81.8000.0003get 0.0003% / 8h9m 54s$53K$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$0.6
Price spread: −0.341% → 0.000%
−$34.11
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$56.51
Costs to cover
0.230%
Break-even
663.4 days
Slippage unknown: BloFin: no order-book sample; Bybit: 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 BloFin no order-book sample
Sell Bybit no order-book sample
BloFin and Bybit: 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.

TLT on 8 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
tradeXYZ xyz:TLT−0.0205%1h81.677−0.491%$544K$335K20xas long as short
Gate TLT_USDT0.0000%8h81.910−0.207%$345K$11K50xas long as short
Bitget TLTUSDT0.0000%8h81.730−0.426%$8K$13K20xas long as short
SunX TLT-USDT0.0000%1h81.658−0.514%$2.4M10xas long as short
HTX TLT-USDT0.0000%1h81.845−0.286%$4K$371K20xas long as short
BloFin TLT-USDTlong0.0000%8h82.080long leg$27K$6K25x
Bybit TLTUSDTshort+0.0003%8h81.800−0.341%$53K$31K25x
MEXC TLT_USDT+0.0005%8h81.800−0.341%$131K$93K20xas long as short