Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Gate+0.343%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.343% dearer against Gate than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TSEM_USDT | 230.21 | 0 | get 0.0000% / 8h | 1h 31m | $165K | $269K | 20x |
| Short | Vest TSEM-USD-PERP | 231.00 | 0.0046 | get 0.0006% / 1h | 31m 54s | — | — | 5x |
Gate TSEM_USDT
Vest TSEM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: +0.343% → 0.000%
- $34.32
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $26.91
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 8 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 8 min ago | 28.98 bp | 154.9 bp −$155 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TSEMUSDT | −0.0511% | 8h | 230.11 | −0.043% | $127K | $2.5M | 25x | as long as short |
| OKX TSEM-USDT-SWAP | 0.0000% | 8h | 230.41 | +0.087% | $46K | $150K | 10x | as long as short |
| Gate TSEM_USDTlong | 0.0000% | 8h | 230.21 | long leg | $165K | $269K | 20x | |
| Bitget TSEMUSDT | 0.0000% | 8h | 230.55 | +0.148% | $121K | $156K | 20x | as long as short |
| HTX TSEM-USDT | 0.0000% | 8h | 230.86 | +0.282% | $7K | $42K | 10x | as long as short |
| Vest TSEM-USD-PERPshort | +0.0046% | 1h | 231.00 | +0.343% | — | — | 5x |
Bybit TSEMUSDT
OKX TSEM-USDT-SWAP
Bitget TSEMUSDT
HTX TSEM-USDT