Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.123%
Price spread now: Bitget against OKX+0.060%7-day average −0.208% · you sell dearer than you buy
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$375as in the Price arb table
costs, in and out, $10k−$4024.019% of the position
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)−0.231%−$23 · spread now +0.060%, 7d avg −0.208%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.267% dearer against OKX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.208%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TSEM-USDT-SWAP | 235.08 | 0 | get 0.0000% / 8h | 4h 46m | $48K | $151K | 10x |
| Short | Bitget TSEMUSDT | 235.22 | 0 | get 0.0000% / 8h | 4h 46m | $116K | $99K | 20x |
OKX TSEM-USDT-SWAP
Bitget TSEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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: +0.060% → −0.208%
- $26.74
- Slippage, 4 orders
- −$379.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$375.13
- Costs to cover
- 4.019%
- Break-even
- never at this rate
Slippage from OKX: live order book, 8 min ago; Bitget: live order book, 2 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 OKX live order book, 8 min ago | 12.53 bp | 100.7 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 18.30 bp | 24.3 bp −$24 | 41.5 bp −$415 | 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 | −0.0368% | 8h | 235.05 | −0.013% | $137K | $2.6M | 25x | as long as short |
| OKX TSEM-USDT-SWAPlong | 0.0000% | 8h | 235.08 | long leg | $48K | $151K | 10x | |
| Gate TSEM_USDT | 0.0000% | 8h | 234.53 | −0.234% | $163K | $260K | 20x | as long as short |
| Bitget TSEMUSDTshort | 0.0000% | 8h | 235.22 | +0.060% | $116K | $99K | 20x | |
| HTX TSEM-USDT | 0.0000% | 8h | 235.33 | +0.106% | $7K | $40K | 10x | as long as short |
| Vest TSEM-USD-PERP | +0.0046% | 1h | 237.20 | +0.902% | — | — | 5x | as long as short |
Bybit TSEMUSDT
Gate TSEM_USDT
HTX TSEM-USDT
Vest TSEM-USD-PERP