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

TLT

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0776%/8h= +84.9% APRnext payment +$0.97 per $10,000 · paid last 24h −0.092%
Price spread now: tradeXYZ against HTX−0.815%49s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2692.694% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.062%+$6 on $10k
Price spread, last 3 days (all we have)+0.934%+$93 · spread now −0.815%, 7d avg −0.052%
Together, before fees+0.996%+ Points / potential airdroptradeXYZ: Active · farm board+$100 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.763% cheaper against HTX than usual: you would sell low and buy high (spread −0.815% now, against its 7-day average of −0.052%). If the spread goes back, that is −$76 on $10k: about 3.3 days of funding at the current rate (+$23 a day). At the pace of the last 4 days (+0.062% in total) that is about 48 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.062% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TLT-USDT82.4470get 0.0000% / 1h13m 21s$4K$363K20x
ShorttradeXYZ xyz:TLT81.7750.0776get 0.0097% / 1h13m 21s$563K$329K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$162.89
Price spread: −0.815% → −0.052%
−$76.28
Slippage, 4 orders
−$239.38
Fee HTX: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$182.77
Costs to cover
2.694%
Break-even
14.9 days
Slippage from HTX: live order book, 55 min ago; tradeXYZ: live order book, 33 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, 55 min ago34.00 bp77.8 bp −$78doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 33 min ago10.82 bp24.2 bp −$2461.5 bp −$615doesn't fitdoesn't fit

TLT on 7 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
Bybit TLTUSDT0.0000%8h81.820−0.760%$46K$30K25xas long as short
Gate TLT_USDT0.0000%8h82.390−0.069%$349K$16K50xas long as short
MEXC TLT_USDT0.0000%8h81.940−0.615%$134K$95K20xas long as short
Bitget TLTUSDT0.0000%8h81.800−0.785%$9K$11K20xas long as short
SunX TLT-USDT0.0000%1h82.007−0.534%$2.5M10xas long as short
HTX TLT-USDTlong0.0000%1h82.447long leg$4K$363K20x
tradeXYZ xyz:TLTshort+0.0776%1h81.775−0.815%$563K$329K20x