Funding you earn now, next payment 02:00 UTC−0.0763%/8h= −83.5% APRpaid last 24h +0.092%
Price spread now: Gate against tradeXYZ+0.715%7-day average +0.724% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2662.662% of the position
Funding, last 4 days (all we have)−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now +0.715%, 7d avg +0.724%
=Together, before fees+0.243%+ Points / potential airdroptradeXYZ: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.724%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.100% in total (about -8.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TLT | 81.775 | 0.0763 | pay 0.0095% / 1h | 14m 22s | $563K | $329K | 20x |
| Short | Gate TLT_USDT | 82.360 | 0 | get 0.0000% / 8h | 6h 14m | $349K | $16K | 50x |
tradeXYZ xyz:TLT
Gate TLT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$160.21
- Price spread: +0.715% → +0.724%
- −$0.82
- Slippage, 4 orders
- −$233.23
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$427.26
- Costs to cover
- 2.662%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 32 min ago; Gate: live order book, 51 min ago.
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, 32 min ago | 10.82 bp | 19.9 bp −$20 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 11.55 bp | 118.4 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
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 TLTUSDT | 0.0000% | 8h | 81.810 | +0.043% | $46K | $30K | 25x | as long as short |
| Gate TLT_USDTshort | 0.0000% | 8h | 82.360 | +0.715% | $349K | $16K | 50x | |
| MEXC TLT_USDT | 0.0000% | 8h | 81.910 | +0.165% | $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 | +0.0763% | 1h | 81.775 | long leg | $563K | $329K | 20x |
Bybit TLTUSDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT