Funding you earn now, next payment 04:00 UTC−0.1179%/8h= −129.1% APRpaid last 24h −0.066%
Price spread now: Injective against OKX−1.122%58s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$35 a day on $10k at the current rate, and Injective is 1.122% cheaper against OKX than usual: you would sell low and buy high (−$112 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | OKX TEM-USDT-SWAP | 78.106 | 0.0959 | pay 0.0959% / 8h | 4h 44m | $64K | $366K | 20x |
| Short | Injective TEM/USDC PERP | 77.230 | −0.0220 | pay 0.0028% / 1h | 44m 27s | $8K | $28K | 12x |
OKX TEM-USDT-SWAP
Injective TEM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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
- −$247.56
- Price spread: −1.122% → 0.000%
- −$112.16
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$369.73
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 11 min ago; 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 OKX live order book, 11 min ago | 5.57 bp | 82.2 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | 77.230 | −1.122% | $8K | $28K | 12x | |
| Binance TEMUSDT | 0.0000% | 8h | 77.940 | −0.213% | $369K | $1.0M | 20x | as long as short |
| Bybit TEMUSDT | 0.0000% | 8h | 77.940 | −0.213% | $254K | $241K | 25x | as long as short |
| QFEX TEM-USD | 0.0000% | 1h | 77.880 | −0.289% | $1.1M | $1.1M | 10x | as long as short |
| Gate TEM_USDT | 0.0000% | 8h | 77.880 | −0.289% | $60K | $9K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.900 | −0.264% | $195K | $791K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 77.970 | −0.174% | $6K | $387K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 77.940 | −0.213% | $811K | $79K | 20x | as long as short |
| OKX TEM-USDT-SWAPlong | +0.0959% | 8h | 78.106 | long leg | $64K | $366K | 20x |
Binance TEMUSDT
Bybit TEMUSDT
QFEX TEM-USD
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT