Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Bybit against Injective+1.023%7-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 Bybit is 1.023% 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TEM/USDC PERP | 77.200 | −0.0220 | get 0.0028% / 1h | 37m 21s | $8K | $28K | 12x |
| Short | Bybit TEMUSDT | 77.990 | 0 | get 0.0000% / 8h | 1h 37m | $252K | $229K | 25x |
Injective TEM/USDC PERP
Bybit TEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +1.023% → 0.000%
- $102.33
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $137.51
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 53 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 Bybit live order book, 53 min ago | 9.62 bp | 48.5 bp −$49 | doesn't fit | 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 | 77.200 | long leg | $8K | $28K | 12x | |
| Binance TEMUSDT | 0.0000% | 8h | 77.949 | +0.971% | $373K | $840K | 20x | as long as short |
| Bybit TEMUSDTshort | 0.0000% | 8h | 77.990 | +1.023% | $252K | $229K | 25x | |
| QFEX TEM-USD | 0.0000% | 1h | 77.870 | +0.868% | $1.1M | $884K | 10x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.930 | +0.946% | $59K | $10K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.970 | +0.997% | $195K | $764K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 77.970 | +0.997% | $6K | $385K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 77.970 | +0.997% | $812K | $69K | 20x | as long as short |
| OKX TEM-USDT-SWAP | +0.1302% | 8h | 78.204 | +1.301% | $67K | $371K | 20x | as long as short |
Binance TEMUSDT
QFEX TEM-USD
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT
OKX TEM-USDT-SWAP