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

TSEM

RWAall TSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.086%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.086% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TSEMUSDT231.480get 0.0000% / 8h2h 11m$121K$159K20x
ShortHTX TSEM-USDT231.680get 0.0000% / 8h2h 11m$7K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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: +0.086% → 0.000%
$8.64
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$15.36
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 28 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 28 min ago25.22 bp109.4 bp −$109175.0 bp −$1,750doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.

TSEM on 6 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
Bybit TSEMUSDT−0.0489%8h231.86+0.164%$129K$2.5M25xas long as short
OKX TSEM-USDT-SWAP0.0000%8h231.81+0.143%$46K$157K10xas long as short
Gate TSEM_USDT0.0000%8h231.53+0.022%$168K$278K20xas long as short
Bitget TSEMUSDTlong0.0000%8h231.48long leg$121K$159K20x
HTX TSEM-USDTshort0.0000%8h231.68+0.086%$7K$42K10x
Vest TSEM-USD-PERP+0.0046%1h231.98+0.216%5xas long as short