ArbiLayer

TLT arbitrage

live

Live iShares 20 Year Treasury Bond ETF (Dinari Tokenized ETF) price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.21%Bitget → Bybit · Perp–Perp
Best perp–perp spread-0.05%Bitget → Bybit
Markets tracked55 venues · 5 perp · 0 spot · 0 DEX
Price range0.27%$77.01 – $77.21

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitget$77.07Bybit logoBybit$77.03 -0.05%-0.21% +0.04%— +0.279%— LS Chart →
Bitget logoBitget$77.07Gate logoGate$77.01 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
MEXC logoMEXC$77.11Bybit logoBybit$77.03 -0.10%-0.26% -0.10%— +0.000%— LS Chart →
MEXC logoMEXC$77.11Gate logoGate$77.01 -0.13%-0.29% -0.22%— -0.278%— LS Chart →
Bybit logoBybit$77.13Gate logoGate$77.01 -0.16%-0.32% -0.25%— -0.279%— LS Chart →
Bitget logoBitget$77.07MEXC logoMEXC$76.95 -0.16%-0.32% -0.06%— +0.278%— LS Chart →
MEXC logoMEXC$77.11Bitget logoBitget$76.94 -0.22%-0.38% -0.31%— -0.278%— LS Chart →
Bitget logoBitget$77.07HTX logoHTX$76.90 -0.22%-0.38% -0.22%— 0.000%— LS Chart →
Bybit logoBybit$77.13MEXC logoMEXC$76.95 -0.23%-0.39% -0.23%— -0.000%— LS Chart →
Bybit logoBybit$77.13Bitget logoBitget$76.94 -0.25%-0.41% -0.34%— -0.279%— LS Chart →
HTX logoHTX$77.24Bybit logoBybit$77.03 -0.27%-0.43% -0.18%— +0.279%— LS Chart →
MEXC logoMEXC$77.11HTX logoHTX$76.90 -0.27%-0.43% -0.37%— -0.278%— LS Chart →
HTX logoHTX$77.24Gate logoGate$77.01 -0.30%-0.46% -0.30%— 0.000%— LS Chart →
Bybit logoBybit$77.13HTX logoHTX$76.90 -0.30%-0.46% -0.39%— -0.279%— LS Chart →
HTX logoHTX$77.24MEXC logoMEXC$76.95 -0.37%-0.53% -0.28%— +0.278%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

TLT price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bitget logoBitgetPerpetual · TLTUSDTPerpetual $76.94$77.07$77.01-0.08% 0.000%$408.2K
HTX logoHTXPerpetual · TLT-USDTPerpetual $76.90$77.24$77.070.00% 0.000%$165.8K
MEXC logoMEXCPerpetual · TLT_USDTPerpetual $76.95$77.11$77.03-0.05% +0.278%$141.5K
Bybit logoBybitPerpetual · TLTUSDTPerpetual $77.03$77.13$77.08+0.01% +0.279%$128.9K
Gate logoGatePerpetual · TLT_USDTPerpetual $77.01$77.41$77.21+0.18% 0.000%$1.0K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

TLT arbitrage explained

Right now iShares 20 Year Treasury Bond ETF (Dinari Tokenized ETF) (TLT) trades on 5 venues we scan: 5 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $77.07 and the highest bid on Bybit perp at $77.03.

The widest TLT perpetual spread is between Bitget and Bybit: long TLT on Bitget at $77.07 and short on Bybit at $77.03 for -0.05% gross, or -0.21% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.279% per day, which the position collects while it is open.

Small TLT gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: TLT funding rates · TLT spread charts · iShares 20 Year Treasury Bond ETF (Dinari Tokenized ETF) price · arbitrage scanner for all coins.

Is there a TLT arbitrage opportunity right now?

The best TLT route right now is to buy on Bitget → sell on Bybit (Perp–Perp): -0.05% gross and -0.21% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest TLT?

Bitget (perp) has the lowest TLT ask at $77.07, and Bybit (perp) the highest bid at $77.03. Prices update every 15 seconds on this page.

How many exchanges list TLT?

ArbiLayer tracks 5 TLT markets on 5 venues: 5 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage TLT without transferring coins?

Use two perpetual contracts: go long TLT on the cheaper exchange (Bitget now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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