Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against QFEX−0.289%7-day average +0.306% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$2952.946% of the position
Funding, last 1 day (all we have)0.000%$0 on $10k
+Price spread, last 18 hours (all we have)+0.643%+$64 · spread now −0.289%, 7d avg +0.306%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.595% cheaper against QFEX than usual: you would sell low and buy high, −$59 on $10k if it goes back to its 7-day average of +0.306%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX TEM-USD | 77.830 | 0 | get 0.0000% / 1h | 51m 55s | $1.1M | $1.5M | 10x |
| Short | OKX TEM-USDT-SWAP | 77.605 | 0 | get 0.0000% / 8h | 7h 51m | $40K | $335K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against QFEX. 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
- $0
- Price spread: −0.289% → +0.306%
- −$59.49
- Slippage, 4 orders
- −$274.6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$354.09
- Costs to cover
- 2.946%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 10 min ago; OKX: live order book, 18 min ago.
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 QFEX live order book, 10 min ago | 2.57 bp | 49.8 bp −$50 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell OKX live order book, 18 min ago | 22.61 bp | 54.7 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
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 PERP | −0.0220% | 1h | 77.170 | −0.848% | $8K | $28K | 12x | as long as short |
| Binance TEMUSDT | 0.0000% | 8h | 77.956 | +0.162% | $383K | $1.2M | 20x | as long as short |
| Bybit TEMUSDT | 0.0000% | 8h | 77.940 | +0.141% | $247K | $240K | 25x | as long as short |
| OKX TEM-USDT-SWAPshort | 0.0000% | 8h | 77.605 | −0.289% | $40K | $335K | 20x | |
| QFEX TEM-USDlong | 0.0000% | 1h | 77.830 | long leg | $1.1M | $1.5M | 10x | |
| Gate TEM_USDT | 0.0000% | 8h | 77.840 | +0.013% | $60K | $8K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.800 | −0.039% | $176K | $807K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 77.980 | +0.193% | $6K | $383K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 78.030 | +0.257% | $810K | $90K | 20x | as long as short |
OKX TEM-USDT-SWAP
Injective TEM/USDC PERP
Binance TEMUSDT
Bybit TEMUSDT
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT