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 09:00 UTC+0.0749%/8h= +82.0% APRpaid last 24h +0.050%
Price spread now: Vest against Bybit−0.222%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.222% cheaper against Bybit than usual: you would sell low and buy high (spread −0.222% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 24 hours of funding at the current rate (+$22 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TSEMUSDT229.89−0.0703get 0.0703% / 8h7h 44m$127K$2.5M25x
ShortVest TSEM-USD-PERP229.380.0046get 0.0006% / 1h44m 14s5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$157.29
Price spread: −0.222% → 0.000%
−$22.18
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Vest: 1 bp × 2 orders
−$2
Net
$122.1
Costs to cover
0.130%
Break-even
1.6 days
Slippage unknown: Bybit: live order book, 3 min ago; Vest: 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, 3 min ago15.44 bp92.1 bp −$92193.2 bp −$1,932doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0703%8h229.89long leg$127K$2.5M25x
OKX TSEM-USDT-SWAP0.0000%8h230.39+0.217%$45K$136K10xas long as short
Gate TSEM_USDT0.0000%8h230.12+0.100%$161K$223K20xas long as short
Bitget TSEMUSDT0.0000%8h230.31+0.183%$120K$145K20xas long as short
HTX TSEM-USDT0.0000%8h230.02+0.057%$7K$42K10xas long as short
Vest TSEM-USD-PERPshort+0.0046%1h229.38−0.222%5x