Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Gate against Vest+0.107%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
=The price spread pays, funding is against you. Gate is 0.107% dearer against Vest than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest TSEM-USD-PERP | 233.96 | 0.0046 | pay 0.0006% / 1h | 51m 55s | — | — | 5x |
| Short | Gate TSEM_USDT | 234.21 | 0 | get 0.0000% / 8h | 3h 51m | $163K | $253K | 20x |
Vest TSEM-USD-PERP
Gate TSEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.107% → 0.000%
- $10.69
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$15.91
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Gate: live order book, 63 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 Gate live order book, 63 min ago | 5.97 bp | 57.0 bp −$57 | doesn't fit | 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 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 | −0.0106% | 8h | 234.30 | +0.145% | $138K | $2.5M | 25x | as long as short |
| OKX TSEM-USDT-SWAP | 0.0000% | 8h | 233.81 | −0.064% | $48K | $139K | 10x | as long as short |
| Gate TSEM_USDTshort | 0.0000% | 8h | 234.21 | +0.107% | $163K | $253K | 20x | |
| Bitget TSEMUSDT | 0.0000% | 8h | 234.96 | +0.427% | $117K | $97K | 20x | as long as short |
| HTX TSEM-USDT | 0.0000% | 8h | 234.14 | +0.077% | $7K | $40K | 10x | as long as short |
| Vest TSEM-USD-PERPlong | +0.0046% | 1h | 233.96 | long leg | — | — | 5x |
Bybit TSEMUSDT
OKX TSEM-USDT-SWAP
Bitget TSEMUSDT
HTX TSEM-USDT