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: Phemex against Binance−0.023%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.023%, 7d avg −0.029%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TEMUSDT | 78.028 | 0 | get 0.0000% / 8h | 5h 32m | $385K | $1.1M | 20x |
| Short | Phemex TEMUSDT | 78.010 | 0 | get 0.0000% / 8h | 5h 32m | $810K | $86K | 20x |
Binance TEMUSDT
Phemex TEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.023% → −0.029%
- $0.56
- Slippage, 4 orders
- −$99.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$120.66
- Costs to cover
- 1.212%
- Break-even
- never at this rate
Slippage from Binance: live order book, just now; Phemex: 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, just now | 1.92 bp | 17.0 bp −$17 | 91.4 bp −$914 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 30 min ago | 6.41 bp | 40.6 bp −$41 | 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 | 77.130 | −1.151% | $8K | $28K | 12x | as long as short |
| Binance TEMUSDTlong | 0.0000% | 8h | 78.028 | long leg | $385K | $1.1M | 20x | |
| Bybit TEMUSDT | 0.0000% | 8h | 77.950 | −0.100% | $251K | $240K | 25x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.880 | −0.190% | $60K | $8K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.870 | −0.202% | $195K | $813K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 78.040 | +0.015% | $6K | $385K | 20x | as long as short |
| Phemex TEMUSDTshort | 0.0000% | 8h | 78.010 | −0.023% | $810K | $86K | 20x | |
| QFEX TEM-USD | 0.0000% | 1h | 77.910 | −0.151% | $1.1M | $1.3M | 10x | as long as short |
| OKX TEM-USDT-SWAP | +0.0851% | 8h | 78.341 | +0.401% | $60K | $362K | 20x | as long as short |
Injective TEM/USDC PERP
Bybit TEMUSDT
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
QFEX TEM-USD
OKX TEM-USDT-SWAP