Settings8H · net · $10k
Funding arb · Price arb /

TSEM

RWAall TSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.137%
Price spread now: Vest against OKX+0.047%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TSEM-USDT-SWAP233.520get 0.0000% / 8h3h 46m$47K$139K10x
ShortVest TSEM-USD-PERP233.630.0046get 0.0006% / 1h46m 54s5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.047% → 0.000%
$4.71
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$2.3
Costs to cover
0.120%
Break-even
5.3 days
Slippage unknown: OKX: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago14.32 bp98.9 bp −$99doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TSEMUSDT−0.0147%8h233.59+0.030%$138K$2.5M25xas long as short
OKX TSEM-USDT-SWAPlong0.0000%8h233.52long leg$47K$139K10x
Gate TSEM_USDT0.0000%8h234.03+0.218%$163K$253K20xas long as short
Bitget TSEMUSDT0.0000%8h233.62+0.043%$116K$98K20xas long as short
HTX TSEM-USDT0.0000%8h233.92+0.171%$7K$41K10xas long as short
Vest TSEM-USD-PERPshort+0.0046%1h233.63+0.047%5x