Settings8H · net · $10k
Funding arb · Price arb /

TEM

RWAall TEM markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.643%+$64 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX TEM-USD77.8300get 0.0000% / 1h51m 55s$1.1M$1.5M10x
ShortOKX TEM-USDT-SWAP77.6050get 0.0000% / 8h7h 51m$40K$335K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 10 min ago2.57 bp49.8 bp −$5056.0 bp −$560doesn't fitdoesn't fit
Sell OKX live order book, 18 min ago22.61 bp54.7 bp −$55doesn't fitdoesn't fitdoesn't fit

TEM on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TEM/USDC PERP−0.0220%1h77.170−0.848%$8K$28K12xas long as short
Binance TEMUSDT0.0000%8h77.956+0.162%$383K$1.2M20xas long as short
Bybit TEMUSDT0.0000%8h77.940+0.141%$247K$240K25xas long as short
OKX TEM-USDT-SWAPshort0.0000%8h77.605−0.289%$40K$335K20x
QFEX TEM-USDlong0.0000%1h77.830long leg$1.1M$1.5M10x
Gate TEM_USDT0.0000%8h77.840+0.013%$60K$8K20xas long as short
Bitget TEMUSDT0.0000%8h77.800−0.039%$176K$807K20xas long as short
HTX TEM-USDT0.0000%8h77.980+0.193%$6K$383K20xas long as short
Phemex TEMUSDT0.0000%8h78.030+0.257%$810K$90K20xas long as short