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

TSEM

RWAall TSEM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0489%/8h= +53.6% APRnext payment +$4.89 per $10,000 · paid last 24h +0.289%
Price spread now: HTX against Bybit−0.151%7-day average · you buy dearer than you sell
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 pays, the price is against you. HTX is 0.151% cheaper against Bybit than usual: you would sell low and buy high (spread −0.151% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 25 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TSEMUSDT231.86−0.0489get 0.0489% / 8h2h 11m$129K$2.5M25x
ShortHTX TSEM-USDT231.510get 0.0000% / 8h2h 11m$7K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$102.74
Price spread: −0.151% → 0.000%
−$15.1
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$64.65
Costs to cover
0.230%
Break-even
2.6 days
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago8.83 bp104.9 bp −$105181.3 bp −$1,813doesn'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 TSEMUSDTlong−0.0489%8h231.86long leg$129K$2.5M25x
OKX TSEM-USDT-SWAP0.0000%8h231.81−0.022%$46K$157K10xas long as short
Gate TSEM_USDT0.0000%8h231.55−0.134%$168K$278K20xas long as short
Bitget TSEMUSDT0.0000%8h231.48−0.164%$121K$159K20xas long as short
HTX TSEM-USDTshort0.0000%8h231.51−0.151%$7K$42K10x
Vest TSEM-USD-PERP+0.0046%1h231.98+0.052%5xas long as short