Funding you earn now, next payment 02:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against Gate−0.977%54s7-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 0.977% cheaper against Gate than usual: you would sell low and buy high (−$98 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TEM_USDT | 77.820 | 0 | get 0.0000% / 8h | 6h 20m | $60K | $8K | 20x |
| Short | Injective TEM/USDC PERP | 77.060 | −0.0220 | pay 0.0028% / 1h | 20m 17s | $8K | $28K | 12x |
Gate TEM_USDT
Injective TEM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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: −0.977% → 0.000%
- −$97.66
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$158.88
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; 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 Gate no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Gate and 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 | 77.060 | −0.977% | $8K | $28K | 12x | |
| Binance TEMUSDT | 0.0000% | 8h | 77.870 | +0.064% | $385K | $1.1M | 20x | as long as short |
| Bybit TEMUSDT | 0.0000% | 8h | 77.840 | +0.026% | $251K | $240K | 25x | as long as short |
| QFEX TEM-USD | 0.0000% | 1h | 77.750 | −0.090% | $1.1M | $1.4M | 10x | as long as short |
| Gate TEM_USDTlong | 0.0000% | 8h | 77.820 | long leg | $60K | $8K | 20x | |
| Bitget TEMUSDT | 0.0000% | 8h | 77.870 | +0.064% | $195K | $817K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 77.890 | +0.090% | $6K | $385K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 77.870 | +0.064% | $809K | $86K | 20x | as long as short |
| OKX TEM-USDT-SWAP | +0.0338% | 8h | 78.106 | +0.368% | $60K | $360K | 20x | as long as short |
Binance TEMUSDT
Bybit TEMUSDT
QFEX TEM-USD
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT
OKX TEM-USDT-SWAP