Funding you earn now, next payment 08:00 UTC−0.0873%/8h= −95.6% APRpaid last 24h +0.021%
Price spread now: edgeX against BloFin+0.088%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. edgeX is 0.088% dearer against BloFin than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.085% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TSM-USDT | 440.78 | 0.0091 | pay 0.0091% / 8h | 3h 22m | $45K | $100K | 20x |
| Short | edgeX TSMUSDC | 441.17 | −0.0782 | pay 0.0391% / 4h | 3h 22m | $47K | $216K | 10x |
BloFin TSM-USDT
edgeX TSMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$183.34
- Price spread: +0.088% → 0.000%
- $8.78
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$195.56
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; edgeX: live order book, 29 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 BloFin no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 29 min ago | 5.22 bp | 10.0 bp −$10 | 12.8 bp −$128 | doesn't fit | doesn't fit |
BloFin: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDCshort | −0.0782% | 4h | 441.17 | +0.088% | $47K | $216K | 10x | |
| Bitget TSMUSDT | −0.0203% | 8h | 441.02 | +0.054% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.91 | +0.028% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.62 | −0.036% | $2.0M | $388K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.71 | −0.016% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.72 | −0.014% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.93 | +0.034% | $546K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.84 | +0.014% | $1K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.48 | −0.068% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.88 | +0.023% | $1.5M | $485K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 440.87 | +0.020% | $496K | $176K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 440.76 | −0.005% | $223K | $671K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.44 | −0.077% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.45 | −0.075% | $10.2M | $2.1M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.50 | −0.064% | $192K | $60K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.37 | −0.093% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.01 | −0.175% | $158K | $23K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.78 | −0.001% | $2K | $195K | 10x | as long as short |
| Binance TSMUSDT | +0.0067% | 8h | 440.87 | +0.021% | $12.9M | $7.5M | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.03 | −0.170% | $367K | $102K | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0091% | 8h | 440.78 | long leg | $45K | $100K | 20x | |
| GRVT TSM_USDT_Perp | +0.0092% | 8h | 440.87 | +0.020% | $8K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.41 | −0.084% | $267K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.67 | −0.025% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.66 | −0.027% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.73 | −0.011% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.74 | +1.125% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0386% | 1h | 440.62 | −0.036% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Binance TSMUSDT
Coinbase International TSM-PERP-INTX
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL