Funding you earn now, next payment 02:00 UTC−0.0772%/8h= −84.5% APRpaid last 24h +0.092%
Price spread now: Bybit against tradeXYZ+0.055%7-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
=The price spread pays, funding is against you. Bybit is 0.055% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TLT | 81.775 | 0.0772 | pay 0.0096% / 1h | 13m 37s | $563K | $329K | 20x |
| Short | Bybit TLTUSDT | 81.820 | 0 | get 0.0000% / 8h | 6h 13m | $46K | $30K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$162.07
- Price spread: +0.055% → 0.000%
- $5.5
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$185.57
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 33 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 33 min ago | 10.82 bp | 19.9 bp −$20 | 111.7 bp −$1,117 | doesn't fit | doesn'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 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TLTUSDTshort | 0.0000% | 8h | 81.820 | +0.055% | $46K | $30K | 25x | |
| Gate TLT_USDT | 0.0000% | 8h | 82.370 | +0.728% | $349K | $16K | 50x | as long as short |
| MEXC TLT_USDT | 0.0000% | 8h | 81.930 | +0.190% | $134K | $95K | 20x | as long as short |
| Bitget TLTUSDT | 0.0000% | 8h | 81.800 | +0.031% | $9K | $11K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 82.007 | +0.284% | — | $2.5M | 10x | as long as short |
| HTX TLT-USDT | 0.0000% | 1h | 82.447 | +0.822% | $4K | $363K | 20x | as long as short |
| tradeXYZ xyz:TLTlong | +0.0772% | 1h | 81.775 | long leg | $563K | $329K | 20x |
tradeXYZ xyz:TLT
Bybit TLTUSDT
Gate TLT_USDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT