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

TLT

RWAall TLT markets
SwapBacktest
Alert: funding
Alert: spread
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
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 fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TLT81.7750.0772pay 0.0096% / 1h13m 37s$563K$329K20x
ShortBybit TLTUSDT81.8200get 0.0000% / 8h6h 13m$46K$30K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 33 min ago10.82 bp19.9 bp −$20111.7 bp −$1,117doesn'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 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 TLTUSDTshort0.0000%8h81.820+0.055%$46K$30K25x
Gate TLT_USDT0.0000%8h82.370+0.728%$349K$16K50xas long as short
MEXC TLT_USDT0.0000%8h81.930+0.190%$134K$95K20xas long as short
Bitget TLTUSDT0.0000%8h81.800+0.031%$9K$11K20xas long as short
SunX TLT-USDT0.0000%1h82.007+0.284%$2.5M10xas long as short
HTX TLT-USDT0.0000%1h82.447+0.822%$4K$363K20xas long as short
tradeXYZ xyz:TLTlong+0.0772%1h81.775long leg$563K$329K20x