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 Bybit−0.026%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1581.576% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.026%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TEMUSDT | 77.990 | 0 | get 0.0000% / 8h | 38m 47s | $252K | $229K | 25x |
| Short | Phemex TEMUSDT | 77.970 | 0 | get 0.0000% / 8h | 38m 47s | $812K | $69K | 20x |
Bybit TEMUSDT
Phemex TEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.026% → −0.014%
- −$1.12
- Slippage, 4 orders
- −$134.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$158.77
- Costs to cover
- 1.576%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 46 min ago; Phemex: live order book, 64 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 Bybit live order book, 46 min ago | 5.13 bp | 69.7 bp −$70 | 760.3 bp −$7,603 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 64 min ago | 3.21 bp | 35.9 bp −$36 | 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 | 77.180 | −1.039% | $8K | $28K | 12x | as long as short |
| Binance TEMUSDT | 0.0000% | 8h | 78.014 | +0.031% | $377K | $837K | 20x | as long as short |
| Bybit TEMUSDTlong | 0.0000% | 8h | 77.990 | long leg | $252K | $229K | 25x | |
| QFEX TEM-USD | 0.0000% | 1h | 77.950 | −0.051% | $1.1M | $869K | 10x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.930 | −0.077% | $59K | $10K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.970 | −0.026% | $197K | $751K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 78.010 | +0.026% | $6K | $384K | 20x | as long as short |
| Phemex TEMUSDTshort | 0.0000% | 8h | 77.970 | −0.026% | $812K | $69K | 20x | |
| OKX TEM-USDT-SWAP | +0.1365% | 8h | 78.106 | +0.149% | $72K | $378K | 20x | as long as short |
Injective TEM/USDC PERP
Binance TEMUSDT
QFEX TEM-USD
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
OKX TEM-USDT-SWAP