Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against QFEX+0.116%7-day average +0.750% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.054%−$5 · spread now +0.116%, 7d avg +0.750%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.634% cheaper against QFEX than usual: you would sell low and buy high, −$63 on $10k if it goes back to its 7-day average of +0.750%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX TEM-USD | 77.800 | 0 | get 0.0000% / 1h | 38m 05s | $1.1M | $1.4M | 10x |
| Short | Phemex TEMUSDT | 77.890 | 0 | get 0.0000% / 8h | 6h 38m | $809K | $86K | 20x |
QFEX TEM-USD
Phemex TEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against QFEX. 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: +0.116% → +0.750%
- −$63.4
- Slippage, 4 orders
- −$86.72
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$172.12
- Costs to cover
- 1.087%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Phemex: live order book, 29 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 QFEX live order book, 3 min ago | 1.93 bp | 13.3 bp −$13 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 29 min ago | 10.91 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
TEM on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TEM/USDC PERP | −0.0220% | 1h | 77.040 | −0.977% | $8K | $28K | 12x | as long as short |
| Binance TEMUSDT | 0.0000% | 8h | 77.855 | +0.071% | $383K | $1.1M | 20x | as long as short |
| Bybit TEMUSDT | 0.0000% | 8h | 77.830 | +0.039% | $251K | $240K | 25x | as long as short |
| QFEX TEM-USDlong | 0.0000% | 1h | 77.800 | long leg | $1.1M | $1.4M | 10x | |
| Gate TEM_USDT | 0.0000% | 8h | 77.830 | +0.039% | $60K | $8K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 77.820 | +0.026% | $185K | $811K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 77.850 | +0.064% | $6K | $385K | 20x | as long as short |
| Phemex TEMUSDTshort | 0.0000% | 8h | 77.890 | +0.116% | $809K | $86K | 20x | |
| OKX TEM-USDT-SWAP | +0.0072% | 8h | 78.283 | +0.621% | $51K | $351K | 20x | as long as short |
Injective TEM/USDC PERP
Binance TEMUSDT
Bybit TEMUSDT
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
OKX TEM-USDT-SWAP