Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Extended against Binance−0.014%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 2 days (all we have)−0.015%−$2 · spread now −0.014%, 7d avg −0.024%
=Together, before fees+0.265%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSMUSDT | 445.91 | 0 | get 0.0000% / 8h | 1h 28m | $13.1M | $6.9M | 20x |
| Short | Extended TSM-USD | 445.85 | 0 | get 0.0000% / 1h | 28m 56s | $2K | $167K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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: −0.014% → −0.024%
- $0.98
- Slippage, 4 orders
- −$18.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$32.64
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Extended: live order book, 52 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 Binance live order book, 11 min ago | 0.11 bp | 8.4 bp −$8 | 18.1 bp −$181 | 72.5 bp −$7,253 | doesn't fit |
| Sell Extended live order book, 52 min ago | 1.46 bp | 9.5 bp −$9 | 98.9 bp −$989 | doesn't fit | doesn't fit |
TSM on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDT | 0.0000% | 8h | 445.72 | −0.044% | $82K | $1K | 20x | as long as short |
| Extended TSM-USDshort | 0.0000% | 1h | 445.85 | −0.014% | $2K | $167K | 10x | |
| Binance TSMUSDTlong | 0.0000% | 8h | 445.91 | long leg | $13.1M | $6.9M | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 445.60 | −0.070% | $2.0M | $420K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 445.82 | −0.021% | $4.0M | $3.1M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 445.51 | −0.090% | $1.7M | $921K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 445.81 | −0.023% | $1.6M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 445.64 | −0.061% | $552K | $85K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 445.64 | −0.061% | $15K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 445.83 | −0.018% | $2K | $5.4M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TSM-USDT | 0.0000% | 8h | 445.42 | −0.110% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 445.26 | −0.146% | $1.5M | $469K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0008% | 1h | 444.60 | −0.294% | $356K | $96K | 10x | as long as short |
| BloFin TSM-USDT | +0.0018% | 8h | 445.84 | −0.016% | $44K | $104K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 445.99 | +0.017% | $226K | $598K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 445.56 | −0.079% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 445.65 | −0.059% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 445.51 | −0.090% | $196K | $91K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 445.51 | −0.090% | $147 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 445.11 | −0.180% | $159K | $22K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 445.42 | −0.110% | $270K | $337K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 445.74 | −0.039% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 446.00 | +0.020% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0162% | 1h | 445.51 | −0.090% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 449.91 | +0.897% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0289% | 1h | 445.89 | −0.005% | $4 | $61K | 10x | as long as short |
| Lighter TSM | +0.0456% | 1h | 446.45 | +0.121% | $504K | $163K | 10x | as long as short |
| edgeX TSMUSDC | +0.0848% | 4h | 445.63 | −0.063% | $48K | $215K | 10x | as long as short |
Binance TSMUSDT
Extended TSM-USD
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
Lighter TSM
edgeX TSMUSDC