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

TLT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.062%
Price spread now: tradeXYZ against Gate−0.783%7-day average −0.726% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3243.236% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.783%, 7d avg −0.726%
Together, before fees+0.035%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and tradeXYZ is 0.057% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.726%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.106%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TLT_USDT82.4000get 0.0000% / 8h4h 34m$349K$13K50x
ShorttradeXYZ xyz:TLT81.755−0.0126pay 0.0016% / 1h34m 05s$560K$329K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$26.48
Price spread: −0.783% → −0.726%
−$5.66
Slippage, 4 orders
−$290.6
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$355.75
Costs to cover
3.236%
Break-even
never at this rate
Slippage from Gate: live order book, 21 min ago; tradeXYZ: live order book, 62 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, 21 min ago24.87 bp164.2 bp −$164doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 62 min ago0.98 bp11.2 bp −$1128.0 bp −$280doesn'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:TLTshort−0.0126%1h81.755−0.783%$560K$329K20x
Bybit TLTUSDT0.0000%8h82.080−0.388%$47K$27K25xas long as short
Gate TLT_USDTlong0.0000%8h82.400long leg$349K$13K50x
MEXC TLT_USDT0.0000%8h81.920−0.583%$132K$92K20xas long as short
Bitget TLTUSDT0.0000%8h81.820−0.704%$9K$11K20xas long as short
SunX TLT-USDT0.0000%1h81.744−0.796%$2.4M10xas long as short
HTX TLT-USDT0.0000%1h82.076−0.393%$4K$365K20xas long as short
BloFin TLT-USDT+0.0008%8h82.180−0.267%$27K$6K25xas long as short