Funding you earn now, next payment 01:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Binance against Injective+1.019%87s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 1.019% dearer against Injective than usual: you sell high and buy low: +$102 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 87 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 | Injective TEM/USDC PERP | 77.170 | −0.0220 | get 0.0028% / 1h | 51m 58s | $8K | $28K | 12x |
| Short | Binance TEMUSDT | 77.956 | 0 | get 0.0000% / 8h | 7h 51m | $383K | $1.2M | 20x |
Injective TEM/USDC PERP
Binance TEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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: +1.019% → 0.000%
- $101.87
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $138.05
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 11 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 8.33 bp | 29.7 bp −$30 | 113.1 bp −$1,131 | doesn't fit | doesn't fit |
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 PERPlong | −0.0220% | 1h | 77.170 | long leg | $8K | $28K | 12x | |
| Binance TEMUSDTshort | 0.0000% | 8h | 77.956 | +1.019% | $383K | $1.2M | 20x | |
| Bybit TEMUSDT | 0.0000% | 8h | 77.940 | +0.998% | $247K | $240K | 25x | as long as short |
| OKX TEM-USDT-SWAP | 0.0000% | 8h | 77.605 | +0.564% | $40K | $335K | 20x | as long as short |
| QFEX TEM-USD | 0.0000% | 1h | 77.830 | +0.855% | $1.1M | $1.5M | 10x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.840 | +0.868% | $60K | $8K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.800 | +0.816% | $176K | $807K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 77.980 | +1.050% | $6K | $383K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 78.030 | +1.114% | $810K | $90K | 20x | as long as short |
Bybit TEMUSDT
OKX TEM-USDT-SWAP
QFEX TEM-USD
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT