Funding you earn now, next payment 10:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Bitget against Vest−0.194%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.194% cheaper against Vest than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest TSEM-USD-PERP | 232.36 | 0.0046 | pay 0.0006% / 1h | 20m 34s | — | — | 5x |
| Short | Bitget TSEMUSDT | 231.91 | 0 | get 0.0000% / 8h | 6h 20m | $121K | $142K | 20x |
Vest TSEM-USD-PERP
Bitget TSEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Vest. 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: −0.194% → 0.000%
- −$19.37
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$42.96
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bitget: live order book, 25 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 25 min ago | 9.72 bp | 42.5 bp −$42 | 62.2 bp −$622 | doesn't fit | doesn't fit |
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 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 | 231.76 | −0.258% | $134K | $2.6M | 25x | as long as short |
| OKX TSEM-USDT-SWAP | 0.0000% | 8h | 231.81 | −0.237% | $46K | $127K | 10x | as long as short |
| Gate TSEM_USDT | 0.0000% | 8h | 231.92 | −0.189% | $163K | $229K | 20x | as long as short |
| Bitget TSEMUSDTshort | 0.0000% | 8h | 231.91 | −0.194% | $121K | $142K | 20x | |
| HTX TSEM-USDT | 0.0000% | 8h | 231.77 | −0.254% | $7K | $42K | 10x | as long as short |
| Vest TSEM-USD-PERPlong | +0.0046% | 1h | 232.36 | long leg | — | — | 5x |
Bybit TSEMUSDT
OKX TSEM-USDT-SWAP
Gate TSEM_USDT
HTX TSEM-USDT