Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against Bybit−0.949%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.949% cheaper against Bybit than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TEMUSDT | 78.010 | 0 | get 0.0000% / 8h | 3h 55m | $253K | $234K | 25x |
| Short | Injective TEM/USDC PERP | 77.270 | −0.0220 | pay 0.0028% / 1h | 55m 13s | $8K | $28K | 12x |
Bybit TEMUSDT
Injective TEM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- −$46.2
- Price spread: −0.949% → 0.000%
- −$94.86
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$152.08
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 45 min ago; Injective: no order-book sample. Net counts fees only.
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 Bybit live order book, 45 min ago | 9.62 bp | 64.2 bp −$64 | 655.1 bp −$6,551 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | −0.0220% | 1h | 77.270 | −0.949% | $8K | $28K | 12x | |
| Binance TEMUSDT | 0.0000% | 8h | 78.036 | +0.033% | $368K | $979K | 20x | as long as short |
| Bybit TEMUSDTlong | 0.0000% | 8h | 78.010 | long leg | $253K | $234K | 25x | |
| QFEX TEM-USD | 0.0000% | 1h | 77.960 | −0.064% | $1.1M | $962K | 10x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.920 | −0.115% | $60K | $9K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.970 | −0.051% | $195K | $778K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 78.040 | +0.038% | $6K | $387K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 78.080 | +0.090% | $812K | $75K | 20x | as long as short |
| OKX TEM-USDT-SWAP | +0.1016% | 8h | 78.128 | +0.151% | $65K | $366K | 20x | as long as short |
Binance TEMUSDT
QFEX TEM-USD
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT
OKX TEM-USDT-SWAP