ArbiLayer

TSEM arbitrage

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Live Tower Semiconductor • Robinhood Token price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.12%Bybit → OKX · Perp–Perp
Best perp–perp spread+0.04%Bybit → OKX
Markets tracked55 venues · 5 perp · 0 spot · 0 DEX
Price range0.36%$247.97 – $248.86

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$248.15OKX logoOKX$248.26 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Bybit logoBybit$248.15Bitget logoBitget$248.17 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
Bybit logoBybit$248.15Gate logoGate$247.97 -0.07%-0.23% -0.07%— 0.000%— LS Chart →
Bitget logoBitget$248.47OKX logoOKX$248.26 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
Bitget logoBitget$248.47Gate logoGate$247.97 -0.20%-0.36% -0.20%— 0.000%— LS Chart →
Bitget logoBitget$248.47Bybit logoBybit$247.78 -0.28%-0.44% -0.28%— 0.000%— LS Chart →
Gate logoGate$249.27OKX logoOKX$248.26 -0.41%-0.57% -0.41%— 0.000%— LS Chart →
Gate logoGate$249.27Bitget logoBitget$248.17 -0.44%-0.60% -0.44%— 0.000%— LS Chart →
Bybit logoBybit$248.15HTX logoHTX$247.03 -0.45%-0.61% -0.45%— 0.000%— LS Chart →
OKX logoOKX$249.46Bitget logoBitget$248.17 -0.52%-0.68% -0.52%— 0.000%— LS Chart →
Bitget logoBitget$248.47HTX logoHTX$247.03 -0.58%-0.74% -0.58%— 0.000%— LS Chart →
OKX logoOKX$249.46Gate logoGate$247.97 -0.60%-0.76% -0.60%— 0.000%— LS Chart →
Gate logoGate$249.27Bybit logoBybit$247.78 -0.60%-0.76% -0.60%— 0.000%— LS Chart →
HTX logoHTX$249.92OKX logoOKX$248.26 -0.66%-0.82% -0.66%— 0.000%— LS Chart →
OKX logoOKX$249.46Bybit logoBybit$247.78 -0.67%-0.83% -0.67%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

TSEM price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · TSEMUSDTPerpetual $247.78$248.15$247.97-0.21% 0.000%$1.01M
Gate logoGatePerpetual · TSEM_USDTPerpetual $247.97$249.27$248.62+0.06% 0.000%$72.7K
HTX logoHTXPerpetual · TSEM-USDTPerpetual $247.03$249.92$248.480.00% 0.000%$63.5K
OKX logoOKXPerpetual · TSEM-USDT-SWAPPerpetual $248.26$249.46$248.86+0.15% 0.000%$38.7K
Bitget logoBitgetPerpetual · TSEMUSDTPerpetual $248.17$248.47$248.32-0.06% 0.000%$31.5K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

TSEM arbitrage explained

Right now Tower Semiconductor • Robinhood Token (TSEM) trades on 5 venues we scan: 5 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $248.15 and the highest bid on OKX perp at $248.26.

The widest TSEM perpetual spread is between Bybit and OKX: long TSEM on Bybit at $248.15 and short on OKX at $248.26 for +0.04% gross, or -0.12% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

Small TSEM gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: TSEM funding rates · TSEM spread charts · Tower Semiconductor • Robinhood Token price · arbitrage scanner for all coins.

Is there a TSEM arbitrage opportunity right now?

The best TSEM route right now is to buy on Bybit → sell on OKX (Perp–Perp): +0.04% gross and -0.12% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest TSEM?

Bybit (perp) has the lowest TSEM ask at $248.15, and OKX (perp) the highest bid at $248.26. Prices update every 15 seconds on this page.

How many exchanges list TSEM?

ArbiLayer tracks 5 TSEM markets on 5 venues: 5 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage TSEM without transferring coins?

Use two perpetual contracts: go long TSEM on the cheaper exchange (Bybit now) and short it on the more expensive one (OKX), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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