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

TLT

RWAall TLT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Gate−0.785%53s7-day average −0.700% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5765.756% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.051%−$5 on $10k
Price spread, last 4 days (all we have)−0.354%−$35 · spread now −0.785%, 7d avg −0.700%
Together, before fees−0.406%−$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.085% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.700%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TLT_USDT82.3900get 0.0000% / 8h3h 15m$349K$13K50x
ShortSunX TLT-USDT81.7430get 0.0000% / 1h15m 29s$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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
$0
Price spread: −0.785% → −0.700%
−$8.53
Slippage, 4 orders
−$552.62
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$584.15
Costs to cover
5.756%
Break-even
never at this rate
Slippage from Gate: live order book, 35 min ago; SunX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 35 min ago29.74 bp170.9 bp −$171doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 2 min ago115.60 bp134.6 bp −$135doesn't fitdoesn't fitdoesn't fit

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−0.0037%1h81.746−0.782%$560K$332K20xas long as short
BloFin TLT-USDT−0.0028%8h81.800−0.716%$27K$6K25xas long as short
Bybit TLTUSDT0.0000%8h81.970−0.510%$47K$25K25xas long as short
Gate TLT_USDTlong0.0000%8h82.390long leg$349K$13K50x
MEXC TLT_USDT0.0000%8h81.920−0.570%$132K$93K20xas long as short
Bitget TLTUSDT0.0000%8h81.820−0.692%$9K$11K20xas long as short
SunX TLT-USDTshort0.0000%1h81.743−0.785%$2.4M10x
HTX TLT-USDT0.0000%1h81.829−0.681%$4K$370K20xas long as short