Funding you earn now, next payment 11:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.103%
Price spread now: SunX against Deribit−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TSM_USDC-PERPETUAL | 442.41 | 0.0021 | pay 0.0003% / 1h | 57m 03s | $97 | $10K | 10x |
| Short | SunX TSM-USDT | 442.40 | 0 | get 0.0000% / 8h | 5h 57m | $1K | $3.8M | 10x |
Deribit TSM_USDC-PERPETUAL
SunX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Deribit. 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
- −$4.48
- Price spread: −0.002% → 0.000%
- −$0.23
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$19.7
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 4 min ago | 45.03 bp | 127.2 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 exchanges
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 | −0.0573% | 4h | 441.85 | −0.126% | $48K | $217K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0056% | 1h | 441.75 | −0.149% | $373K | $108K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 442.16 | −0.057% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 442.22 | −0.043% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.23 | −0.041% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 442.15 | −0.059% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 442.39 | −0.005% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.88 | −0.121% | $553K | $44K | — | as long as short |
| SunX TSM-USDTshort | 0.0000% | 8h | 442.40 | −0.002% | $1K | $3.8M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 442.04 | −0.084% | $9K | $8K | 20x | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
HTX TSM-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 441.86 | −0.124% | $1.5M | $557K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUALlong | +0.0021% | 1h | 442.41 | long leg | $97 | $10K | 10x | |
| Lighter TSM | +0.0032% | 1h | 442.28 | −0.029% | $498K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 442.58 | +0.038% | $199K | $686K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 443.95 | +0.348% | $6K | $38K | 12x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 442.28 | −0.029% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 442.25 | −0.036% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 442.04 | −0.084% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 442.11 | −0.068% | $137 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.68 | −0.165% | $157K | $31K | 10x | as long as short |
| BloFin TSM-USDT | +0.0077% | 8h | 442.25 | −0.036% | $45K | $115K | 20x | as long as short |
| Binance TSMUSDT | +0.0079% | 8h | 442.29 | −0.027% | $13.0M | $8.5M | 20x | as long as short |
| Extended TSM-USD | +0.0080% | 1h | 442.14 | −0.060% | $1K | $217K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.88 | −0.120% | $268K | $435K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 442.35 | −0.014% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 442.32 | −0.021% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 442.26 | −0.034% | $210K | $10K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0291% | 8h | 442.01 | −0.091% | $8K | $1.3M | 10x | as long as short |
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
Injective TSM/USDC PERP
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
BloFin TSM-USDT
Binance TSMUSDT
Extended TSM-USD
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
GRVT TSM_USDT_Perp