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 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bybit−0.167%7-day average −0.396% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$3333.333% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.156%+$16 · spread now −0.167%, 7d avg −0.396%
Together, before fees+0.156%+$16 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 0.229% dearer against Bybit than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.396%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TEMUSDT77.9000get 0.0000% / 8h5h 29m$298K$253K25x
ShortQFEX TEM-USD77.7700get 0.0000% / 1h29m 32s$1.1M$823K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Bybit. 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: −0.167% → −0.396%
$22.92
Slippage, 4 orders
−$312.33
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$310.4
Costs to cover
3.333%
Break-even
never at this rate
Slippage from Bybit: live order book, 8 min ago; QFEX: live order book, 4 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 Bybit live order book, 8 min ago12.82 bp30.7 bp −$31616.2 bp −$6,162doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago77.20 bp104.0 bp −$104109.8 bp −$1,098doesn't fitdoesn't fit

TEM on 9 exchanges

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%1h76.970−1.194%$8K$28K12xas long as short
Binance TEMUSDT0.0000%8h78.011+0.143%$394K$768K20xas long as short
Bybit TEMUSDTlong0.0000%8h77.900long leg$298K$253K25x
QFEX TEM-USDshort0.0000%1h77.770−0.167%$1.1M$823K10x
Gate TEM_USDT0.0000%8h77.880−0.026%$64K$13K20xas long as short
Bitget TEMUSDT0.0000%8h77.780−0.154%$210K$748K20xas long as short
HTX TEM-USDT0.0000%8h78.030+0.167%$6K$382K20xas long as short
Phemex TEMUSDT0.0000%8h77.990+0.116%$811K$63K20xas long as short
OKX TEM-USDT-SWAP+0.0634%8h78.184+0.365%$136K$311K20xas long as short