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

TLT

RWAall TLT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin+0.220%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.220% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TLT-USDT81.800−0.0028get 0.0028% / 8h3h 16m$27K$6K25x
ShortBybit TLTUSDT81.9800get 0.0000% / 8h3h 16m$47K$25K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$5.82
Price spread: +0.220% → 0.000%
$22
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$4.82
Costs to cover
0.230%
Break-even
1.2 days
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample
Sell Bybit no order-book sample
BloFin and 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−0.0040%1h81.739−0.075%$560K$332K20xas long as short
BloFin TLT-USDTlong−0.0028%8h81.800long leg$27K$6K25x
Bybit TLTUSDTshort0.0000%8h81.980+0.220%$47K$25K25x
Gate TLT_USDT0.0000%8h82.380+0.709%$349K$13K50xas long as short
MEXC TLT_USDT0.0000%8h81.920+0.147%$132K$93K20xas long as short
Bitget TLTUSDT0.0000%8h81.790−0.012%$9K$11K20xas long as short
SunX TLT-USDT0.0000%1h81.743−0.070%$2.4M10xas long as short
HTX TLT-USDT0.0000%1h81.781−0.023%$4K$370K20xas long as short