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: Bitget against Gate+0.362%7-day average −0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$794as in the Funding arb table
Net, price: spread back to 7d avg − costs−$754as in the Price arb table
costs, in and out, $10k−$8048.044% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.647%−$65 · spread now +0.362%, 7d avg −0.144%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.507% dearer against Gate than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of −0.144%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TSEM_USDT | 234.55 | 0 | get 0.0000% / 8h | 5h 42m | $164K | $277K | 20x |
| Short | Bitget TSEMUSDT | 235.40 | 0 | get 0.0000% / 8h | 5h 42m | $116K | $103K | 20x |
Gate TSEM_USDT
Bitget TSEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: +0.362% → −0.144%
- $50.68
- Slippage, 4 orders
- −$777.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$753.72
- Costs to cover
- 8.044%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; Bitget: live order book, 12 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 Gate live order book, 17 min ago | 3.62 bp | 341.4 bp −$341 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 12 min ago | 29.40 bp | 132.1 bp −$132 | 171.1 bp −$1,711 | 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 | 0.0000% | 8h | 234.91 | +0.153% | $135K | $2.6M | 25x | as long as short |
| OKX TSEM-USDT-SWAP | 0.0000% | 8h | 234.80 | +0.107% | $48K | $154K | 10x | as long as short |
| Gate TSEM_USDTlong | 0.0000% | 8h | 234.55 | long leg | $164K | $277K | 20x | |
| Bitget TSEMUSDTshort | 0.0000% | 8h | 235.40 | +0.362% | $116K | $103K | 20x | |
| HTX TSEM-USDT | 0.0000% | 8h | 234.62 | +0.030% | $7K | $40K | 10x | as long as short |
| Vest TSEM-USD-PERP | +0.0046% | 1h | 234.00 | −0.234% | — | — | 5x | as long as short |
Bybit TSEMUSDT
OKX TSEM-USDT-SWAP
HTX TSEM-USDT
Vest TSEM-USD-PERP