Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.039%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1661.663% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.072%+$7 · spread now −0.039%, 7d avg −0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TEMUSDT | 77.870 | 0 | get 0.0000% / 8h | 6h 20m | $385K | $1.1M | 20x |
| Short | Bybit TEMUSDT | 77.840 | 0 | get 0.0000% / 8h | 6h 20m | $251K | $240K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.039% → −0.024%
- −$1.5
- Slippage, 4 orders
- −$145.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$167.76
- Costs to cover
- 1.663%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 30 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 Binance live order book, 12 min ago | 3.21 bp | 20.9 bp −$21 | 102.0 bp −$1,020 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 30 min ago | 7.07 bp | 36.6 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
TEM on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TEM/USDC PERP | −0.0220% | 1h | 77.060 | −1.040% | $8K | $28K | 12x | as long as short |
| Binance TEMUSDTlong | 0.0000% | 8h | 77.870 | long leg | $385K | $1.1M | 20x | |
| Bybit TEMUSDTshort | 0.0000% | 8h | 77.840 | −0.039% | $251K | $240K | 25x | |
| QFEX TEM-USD | 0.0000% | 1h | 77.750 | −0.154% | $1.1M | $1.4M | 10x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.820 | −0.064% | $60K | $8K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.870 | 0.000% | $195K | $817K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 77.890 | +0.026% | $6K | $385K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 77.870 | 0.000% | $809K | $86K | 20x | as long as short |
| OKX TEM-USDT-SWAP | +0.0338% | 8h | 78.106 | +0.303% | $60K | $360K | 20x | as long as short |
Binance TEMUSDT
Bybit TEMUSDT
Injective TEM/USDC PERP
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT
OKX TEM-USDT-SWAP