Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.123%
Price spread now: OKX against Bitget−0.253%7-day average +0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$4744.736% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 4 days (all we have)+0.249%+$25 · spread now −0.253%, 7d avg +0.206%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.459% cheaper against Bitget than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of +0.206%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TSEMUSDT | 232.95 | 0 | get 0.0000% / 8h | 2h 59m | $145K | $137K | 20x |
| Short | OKX TSEM-USDT-SWAP | 232.36 | 0 | get 0.0000% / 8h | 2h 59m | $46K | $152K | 10x |
Bitget TSEMUSDT
OKX TSEM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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: −0.253% → +0.206%
- −$45.91
- Slippage, 4 orders
- −$451.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$519.51
- Costs to cover
- 4.736%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 44 min ago; OKX: live order book, 50 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 Bitget live order book, 44 min ago | 13.48 bp | 210.9 bp −$211 | 249.8 bp −$2,498 | doesn't fit | doesn't fit |
| Sell OKX live order book, 50 min ago | 14.32 bp | 81.7 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
TSEM on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TSEMUSDT | −0.0522% | 8h | 231.14 | −0.777% | $129K | $2.5M | 25x | as long as short |
| OKX TSEM-USDT-SWAPshort | 0.0000% | 8h | 232.36 | −0.253% | $46K | $152K | 10x | |
| Gate TSEM_USDT | 0.0000% | 8h | 232.63 | −0.137% | $162K | $276K | 20x | as long as short |
| Bitget TSEMUSDTlong | 0.0000% | 8h | 232.95 | long leg | $145K | $137K | 20x | |
| HTX TSEM-USDT | 0.0000% | 8h | 232.74 | −0.090% | $7K | $41K | 10x | as long as short |
| Vest TSEM-USD-PERP | +0.0046% | 1h | 230.75 | −0.944% | — | — | 5x | as long as short |
Bybit TSEMUSDT
Gate TSEM_USDT
HTX TSEM-USDT
Vest TSEM-USD-PERP