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

TLT

RWAall TLT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against SunX+0.125%7-day average · you sell dearer than you buy
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 0.125% dearer against SunX than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TLT-USDT81.7580get 0.0000% / 1h40m 42s$2.6M10x
ShortBybit TLTUSDT81.8600get 0.0000% / 8h40m 42s$46K$50K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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
Price spread: +0.125% → 0.000%
$12.48
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$6.52
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; 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 SunX live order book, 6 min ago84.39 bp102.3 bp −$102doesn't fitdoesn't fitdoesn't fit
Sell Bybit no order-book sample
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−0.0196%1h81.779+0.026%$557K$335K20xas long as short
Bybit TLTUSDTshort0.0000%8h81.860+0.125%$46K$50K25x
Gate TLT_USDT0.0000%8h82.140+0.467%$349K$15K50xas long as short
MEXC TLT_USDT0.0000%8h81.960+0.247%$134K$107K20xas long as short
Bitget TLTUSDT0.0000%8h81.850+0.113%$7K$9K20xas long as short
SunX TLT-USDTlong0.0000%1h81.758long leg$2.6M10x
HTX TLT-USDT0.0000%1h81.839+0.099%$4K$364K20xas long as short
BloFin TLT-USDT0.0000%8h81.900+0.174%$27K$6K25xas long as short