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

TEM

RWAall TEM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Binance−0.162%7-day average −0.472% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1481.483% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 2 days (all we have)−0.947%−$95 · spread now −0.162%, 7d avg −0.472%
Together, before fees−0.947%−$95 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.310% dearer against Binance than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.472%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TEMUSDT77.9560get 0.0000% / 8h7h 51m$383K$1.2M20x
ShortQFEX TEM-USD77.8300get 0.0000% / 1h51m 57s$1.1M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Binance. 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
$0
Price spread: −0.162% → −0.472%
$31.04
Slippage, 4 orders
−$128.31
Fee Binance: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$117.27
Costs to cover
1.483%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; QFEX: live order book, 10 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 Binance live order book, 11 min ago8.33 bp17.7 bp −$18100.1 bp −$1,001doesn't fitdoesn't fit
Sell QFEX live order book, 10 min ago2.57 bp51.1 bp −$5157.5 bp −$575doesn't fitdoesn't fit

TEM on 9 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
Injective TEM/USDC PERP−0.0220%1h77.170−1.008%$8K$28K12xas long as short
Binance TEMUSDTlong0.0000%8h77.956long leg$383K$1.2M20x
Bybit TEMUSDT0.0000%8h77.940−0.021%$247K$240K25xas long as short
OKX TEM-USDT-SWAP0.0000%8h77.605−0.450%$40K$335K20xas long as short
QFEX TEM-USDshort0.0000%1h77.830−0.162%$1.1M$1.5M10x
Gate TEM_USDT0.0000%8h77.840−0.149%$60K$8K20xas long as short
Bitget TEMUSDT0.0000%8h77.800−0.200%$176K$807K20xas long as short
HTX TEM-USDT0.0000%8h77.980+0.031%$6K$383K20xas long as short
Phemex TEMUSDT0.0000%8h78.030+0.095%$810K$90K20xas long as short