Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit+0.063%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2742.741% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.063%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.028% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TSMUSDT | 443.15 | 0 | get 0.0000% / 8h | 5h 09m | $2.0M | $385K | 50x |
| Short | SunX TSM-USDT | 443.43 | 0 | get 0.0000% / 8h | 5h 09m | $2K | $4.3M | 10x |
Bybit TSMUSDT
SunX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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: +0.063% → +0.035%
- $2.78
- Slippage, 4 orders
- −$255.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$271.31
- Costs to cover
- 2.741%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; SunX: live order book, 9 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 Bybit live order book, 2 min ago | 1.92 bp | 11.2 bp −$11 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 44.76 bp | 126.8 bp −$127 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0154% | 4h | 443.50 | +0.078% | $48K | $216K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 443.67 | +0.117% | $81K | $1K | 20x | as long as short |
| Bybit TSMUSDTlong | 0.0000% | 8h | 443.15 | long leg | $2.0M | $385K | 50x | |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 443.56 | +0.093% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 443.30 | +0.034% | $1.7M | $961K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 443.48 | +0.074% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 443.57 | +0.094% | $549K | $61K | — | as long as short |
| SunX TSM-USDTshort | 0.0000% | 8h | 443.43 | +0.063% | $2K | $4.3M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 443.09 | −0.014% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 443.49 | +0.077% | $1.5M | $446K | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
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 | 443.50 | +0.079% | $500K | $173K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 443.25 | +0.023% | $221K | $645K | 10x | as long as short |
| Binance TSMUSDT | +0.0039% | 8h | 443.40 | +0.057% | $13.0M | $6.8M | 20x | as long as short |
| Extended TSM-USD | +0.0040% | 1h | 443.28 | +0.029% | $2K | $189K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 442.98 | −0.038% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 442.90 | −0.056% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 443.24 | +0.020% | $196K | $51K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.07 | −0.018% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 443.12 | −0.007% | $158K | $23K | 10x | as long as short |
| BloFin TSM-USDT | +0.0051% | 8h | 443.45 | +0.068% | $45K | $98K | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0084% | 8h | 443.55 | +0.090% | $11K | $1.2M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 443.12 | −0.007% | $269K | $318K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 443.30 | +0.034% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 443.31 | +0.036% | $124 | — | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0152% | 1h | 443.05 | −0.023% | $369K | $107K | 10x | as long as short |
| Phoenix TSM | +0.0217% | 1h | 443.70 | +0.124% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 448.46 | +1.198% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0744% | 1h | 443.26 | +0.025% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Binance TSMUSDT
Extended TSM-USD
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
BloFin TSM-USDT
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL