Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.082%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$399as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$3863.865% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)−0.185%−$19 · spread now +0.082%, 7d avg +0.078%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TSEM_USDT | 232.17 | 0 | get 0.0000% / 8h | 5h 29m | $163K | $232K | 20x |
| Short | OKX TSEM-USDT-SWAP | 232.36 | 0 | get 0.0000% / 8h | 5h 29m | $46K | $127K | 10x |
Gate TSEM_USDT
OKX TSEM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.082% → +0.078%
- $0.35
- Slippage, 4 orders
- −$361.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$386.14
- Costs to cover
- 3.865%
- Break-even
- never at this rate
Slippage from Gate: live order book, 10 min ago; OKX: live order book, 13 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, 10 min ago | 21.11 bp | 105.9 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 13 min ago | 15.24 bp | 113.1 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
TSEM on 6 exchanges
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 | 231.98 | −0.082% | $129K | $2.7M | 25x | as long as short |
| OKX TSEM-USDT-SWAPshort | 0.0000% | 8h | 232.36 | +0.082% | $46K | $127K | 10x | |
| Gate TSEM_USDTlong | 0.0000% | 8h | 232.17 | long leg | $163K | $232K | 20x | |
| Bitget TSEMUSDT | 0.0000% | 8h | 232.56 | +0.168% | $121K | $142K | 20x | as long as short |
| HTX TSEM-USDT | 0.0000% | 8h | 232.40 | +0.099% | $7K | $42K | 10x | as long as short |
| Vest TSEM-USD-PERP | +0.0046% | 1h | 232.50 | +0.142% | — | — | 5x | as long as short |
Bybit TSEMUSDT
Bitget TSEMUSDT
HTX TSEM-USDT
Vest TSEM-USD-PERP