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+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: SunX against tradeXYZ+0.001%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2482.477% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.001%, 7d avg −0.002%
Together, before fees−0.081%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TLT81.615−0.0023get 0.0003% / 1h30m 37s$544K$334K20x
ShortSunX TLT-USDT81.6160get 0.0000% / 1h30m 37s$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against tradeXYZ. 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
$4.91
Price spread: +0.001% → −0.002%
$0.37
Slippage, 4 orders
−$221.7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$242.42
Costs to cover
2.477%
Break-even
352.7 days
Slippage from tradeXYZ: live order book, 26 min ago; SunX: live order book, 6 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 tradeXYZ live order book, 26 min ago11.02 bp20.3 bp −$2020.6 bp −$206doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago85.22 bp104.1 bp −$104doesn'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:TLTlong−0.0023%1h81.615long leg$544K$334K20x
Gate TLT_USDT0.0000%8h81.910+0.361%$345K$11K50xas long as short
Bitget TLTUSDT0.0000%8h81.760+0.178%$8K$13K20xas long as short
SunX TLT-USDTshort0.0000%1h81.616+0.001%$2.4M10x
HTX TLT-USDT0.0000%1h81.811+0.240%$4K$371K20xas long as short
MEXC TLT_USDT+0.0049%8h81.880+0.325%$132K$92K20xas long as short
Bybit TLTUSDT+0.0049%8h81.850+0.288%$53K$31K25xas long as short
BloFin TLT-USDT+0.0072%8h81.780+0.202%$27K$6K25xas long as short