Funding you earn now, next payment 05:00 UTC+0.1249%/8h= +136.8% APRpaid last 24h +0.066%
Price spread now: OKX against Injective+1.114%118s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (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 +$37 a day on $10k at the current rate, and OKX is 1.114% dearer against Injective than usual: you sell high and buy low: +$111 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 118 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 | 77.270 | −0.0220 | get 0.0028% / 1h | 51m 25s | $8K | $28K | 12x |
| Short | OKX TEM-USDT-SWAP | 78.131 | 0.1029 | get 0.1029% / 8h | 3h 51m | $65K | $366K | 20x |
Injective TEM/USDC PERP
OKX TEM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $262.3
- Price spread: +1.114% → 0.000%
- $111.43
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $363.7
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 64 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 OKX live order book, 64 min ago | 5.57 bp | 10.6 bp −$11 | 33.6 bp −$336 | 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 | 77.270 | long leg | $8K | $28K | 12x | |
| Binance TEMUSDT | 0.0000% | 8h | 78.061 | +1.023% | $368K | $977K | 20x | as long as short |
| Bybit TEMUSDT | 0.0000% | 8h | 78.050 | +1.009% | $253K | $234K | 25x | as long as short |
| QFEX TEM-USD | 0.0000% | 1h | 78.070 | +1.035% | $1.1M | $954K | 10x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.940 | +0.867% | $60K | $9K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 78.040 | +0.997% | $195K | $778K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 78.030 | +0.984% | $6K | $387K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 78.080 | +1.048% | $812K | $75K | 20x | as long as short |
| OKX TEM-USDT-SWAPshort | +0.1029% | 8h | 78.131 | +1.114% | $65K | $366K | 20x |
Binance TEMUSDT
Bybit TEMUSDT
QFEX TEM-USD
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT