Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.289%
Price spread now: Bybit against HTX−0.026%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.026% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TSEM-USDT | 234.65 | 0 | get 0.0000% / 8h | 3h 58m | $7K | $40K | 10x |
| Short | Bybit TSEMUSDT | 234.59 | −0.0137 | pay 0.0137% / 8h | 3h 58m | $138K | $2.5M | 25x |
HTX TSEM-USDT
Bybit TSEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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
- −$28.69
- Price spread: −0.026% → 0.000%
- −$2.56
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.25
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 6.39 bp | 88.6 bp −$89 | 182.6 bp −$1,826 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TSEMUSDTshort | −0.0137% | 8h | 234.59 | −0.026% | $138K | $2.5M | 25x | |
| OKX TSEM-USDT-SWAP | 0.0000% | 8h | 235.04 | +0.166% | $48K | $140K | 10x | as long as short |
| Gate TSEM_USDT | 0.0000% | 8h | 234.62 | −0.013% | $163K | $252K | 20x | as long as short |
| Bitget TSEMUSDT | 0.0000% | 8h | 234.97 | +0.136% | $117K | $98K | 20x | as long as short |
| HTX TSEM-USDTlong | 0.0000% | 8h | 234.65 | long leg | $7K | $40K | 10x | |
| Vest TSEM-USD-PERP | +0.0046% | 1h | 235.50 | +0.362% | — | — | 5x | as long as short |
OKX TSEM-USDT-SWAP
Gate TSEM_USDT
Bitget TSEMUSDT
Vest TSEM-USD-PERP