Funding you earn now, next payment 03:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h +0.070%
Price spread now: BloFin against tradeXYZ+0.495%68s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.495% dearer against tradeXYZ than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TLT | 81.755 | −0.0193 | get 0.0024% / 1h | 0m 02s | $560K | $331K | 20x |
| Short | BloFin TLT-USDT | 82.160 | 0.0015 | get 0.0015% / 8h | 5h 00m | $27K | $6K | 25x |
tradeXYZ xyz:TLT
BloFin TLT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- $43.7
- Price spread: +0.495% → 0.000%
- $49.54
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $63.24
- Costs to cover
- 0.300%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 36 min ago; BloFin: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 36 min ago | 0.98 bp | 10.1 bp −$10 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:TLTlong | −0.0193% | 1h | 81.755 | long leg | $560K | $331K | 20x | |
| Bybit TLTUSDT | 0.0000% | 8h | 81.970 | +0.263% | $47K | $28K | 25x | as long as short |
| Gate TLT_USDT | 0.0000% | 8h | 82.430 | +0.826% | $349K | $13K | 50x | as long as short |
| MEXC TLT_USDT | 0.0000% | 8h | 81.950 | +0.239% | $134K | $94K | 20x | as long as short |
| Bitget TLTUSDT | 0.0000% | 8h | 81.810 | +0.067% | $9K | $11K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 81.746 | −0.011% | — | $2.4M | 10x | as long as short |
| HTX TLT-USDT | 0.0000% | 1h | 81.946 | +0.234% | $4K | $364K | 20x | as long as short |
| BloFin TLT-USDTshort | +0.0015% | 8h | 82.160 | +0.495% | $27K | $6K | 25x |
Bybit TLTUSDT
Gate TLT_USDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT