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

TLT

RWAall TLT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0193%/8h= −21.1% APRpaid last 24h −0.071%
Price spread now: tradeXYZ against MEXC−0.238%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$970.969% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.139%+$14 on $10k
Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.238%, 7d avg −0.195%
Together, before fees+0.433%+ Points / potential airdroptradeXYZ: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and tradeXYZ is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.195%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.139%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TLT_USDT81.9500get 0.0000% / 8h4h 59m$134K$94K20x
ShorttradeXYZ xyz:TLT81.755−0.0193pay 0.0024% / 1h59m 49s$560K$331K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against MEXC. 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
−$40.46
Price spread: −0.238% → −0.195%
−$4.3
Slippage, 4 orders
−$78.86
Fee MEXC: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$141.63
Costs to cover
0.969%
Break-even
never at this rate
Slippage from MEXC: live order book, 35 min ago; tradeXYZ: live order book, 37 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 MEXC live order book, 35 min ago7.93 bp60.5 bp −$61208.1 bp −$2,081250.1 bp −$25.0Kdoesn't fit
Sell tradeXYZ live order book, 37 min ago0.98 bp11.2 bp −$1128.0 bp −$280doesn't fitdoesn't fit

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:TLTshort−0.0193%1h81.755−0.238%$560K$331K20x
Bybit TLTUSDT0.0000%8h81.960+0.012%$47K$28K25xas long as short
Gate TLT_USDT0.0000%8h82.430+0.586%$349K$13K50xas long as short
MEXC TLT_USDTlong0.0000%8h81.950long leg$134K$94K20x
Bitget TLTUSDT0.0000%8h81.810−0.171%$9K$11K20xas long as short
SunX TLT-USDT0.0000%1h81.746−0.249%$2.4M10xas long as short
HTX TLT-USDT0.0000%1h81.946−0.005%$4K$364K20xas long as short
BloFin TLT-USDT+0.0015%8h82.160+0.256%$27K$6K25xas long as short