Funding you earn now, next payment 00:00 UTC−0.0178%/8h= −19.5% APRnext payment −$1.78 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against Bybit+0.110%7-day average +0.497% · 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−$537as in the Price arb table
costs, in and out, $10k−$4984.977% of the position
Funding, last 4 days (all we have)+0.044%+$4 on $10k
+Price spread, last 3 days (all we have)+0.594%+$59 · spread now +0.110%, 7d avg +0.497%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.388% cheaper against Bybit than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of +0.497%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TLTUSDT | 82.060 | 0.0178 | pay 0.0178% / 8h | 3h 32m | $47K | $89K | 25x |
| Short | Gate TLT_USDT | 82.150 | 0 | get 0.0000% / 8h | 3h 32m | $349K | $18K | 50x |
Bybit TLTUSDT
Gate TLT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$37.47
- Price spread: +0.110% → +0.497%
- −$38.77
- Slippage, 4 orders
- −$471.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$573.98
- Costs to cover
- 4.977%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 63 min ago; Gate: live order book, 13 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 Bybit live order book, 63 min ago | 15.26 bp | 190.4 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 13 min ago | 28.60 bp | 122.4 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TLT_USDTshort | 0.0000% | 8h | 82.150 | +0.110% | $349K | $18K | 50x | |
| Bitget TLTUSDT | 0.0000% | 8h | 81.840 | −0.268% | $7K | $9K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 82.093 | +0.040% | — | $2.7M | 10x | as long as short |
| HTX TLT-USDT | 0.0000% | 1h | 81.854 | −0.251% | $4K | $365K | 20x | as long as short |
| Bybit TLTUSDTlong | +0.0178% | 8h | 82.060 | long leg | $47K | $89K | 25x | |
| MEXC TLT_USDT | +0.0183% | 8h | 82.000 | −0.073% | $134K | $113K | 20x | as long as short |
| BloFin TLT-USDT | +0.0207% | 8h | 81.860 | −0.244% | $27K | $7K | 25x | as long as short |
| tradeXYZ xyz:TLT | +0.1182% | 1h | 82.101 | +0.050% | $558K | $303K | 20x | as long as short |
Bitget TLTUSDT
SunX TLT-USDT
HTX TLT-USDT
MEXC TLT_USDT
BloFin TLT-USDT
tradeXYZ xyz:TLT