Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 391.14 | +0.0260 | pay 0.0130% / 4h | 16m 17s | $56K | $199K | 10x | Long edgeX | |
| SHORT | 391.38 | 0 | 0.0000% / 8h | 16m 17s | $44K | $194K | 20x | Short HTX |
Price gap+0.063%
Funding gap−0.0260% /8h
Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.094% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$17−0.0260% /8h now · paid +0.170% over the last 7D
Price−$9spread +0.063% now, avg +0.157% → −0.094% if it goes back
Costs−$570.566% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.170% in total, about +0.0081%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.063%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTSM on 30 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size11.5 / 18.2 bpAt $10k entering HTX costs 18.2 bp, fee and slippage, 1.6× edgeX’s.
- Note: Margin at max leverage$1,000 + $500edgeX 10x, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$7.79Long edgeX: 6 payments, −$7.79; short HTX: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.063% vs +0.157%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$44K vs $56K OIHTX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · HTX LimitedNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0081%/8h × 21 periods+$16.99
Price spread+0.063% → +0.157% (7d avg)−$9.39
Slippage, 4 orderslive order books−$35.64
Fee edgeX bp × 2 orders−$9.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$49.03
Costs to cover0.566%Break-even27.2 days
Slippage: edgeX: live order book, 27 min ago; HTX: live order book, 18 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX6.7811.5 bp−$1114.4 bp−$144doesn’t fitdoesn’t fit
SELL · SHORTHTX5.6118.2 bp−$1869.9 bp−$699doesn’t fitdoesn’t fit
Closing costs about the same again.
TSM news
posts that mention TSM or TSMC (ADR), from every exchange| 11-06 20:11 | Polymarket Perps | Other | Trader Siddhartha1 became #1 with just one position. Markets around the world were falling yesterday. Anyway, he opened a $1.3M long on $TSM. Today, he closed around 70% of the position, realizing $35K in profit. The rest remains open with +$13K in unrealized PnL. @Poly_Perps on X ↗ |
| 11-06 13:59 | BingX | Other | Even the AI chip giant can catch a chill 🧘 AI policy concerns and Qualcomm’s handset sales miss put $TSM under pressure. What’s weighing on chips? Get the breakdown 👇 @BingXOfficial on X ↗ |
| 10-15 15:00 | Vest Markets | Other | Trade $TSM post-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗ |
| 10-15 15:00 | Vest Markets | Other | TSMC reported Q3 earnings results before the open today, with net income up 68.7% and revenue up 41.2% year over year. On the session, $TSM is down around 2.6%, with the Q4 revenue guide above Q3 weighed against a 65% to 67% gross margin range. → Revenue: $46.72B vs. ~$45.62B expected → EPS: $4.60 per ADR vs. ~$4.45 expected → Q4 revenue guide: $52.3B to $54.3B, from $46.72B in Q3 $TSM said 3nm led Q3 wafer revenue at 33%, with 2nm at 8% and advanced nodes at 79% of the total. @VestExchange on X ↗ |
| 10-15 08:33 | MEXC | Other | $TSM’s Q4 outlook: more revenue, same margin guidance. 👀 Enough for the AI bulls, or were you looking for more? 👇 Check out $TSM Stock Futures on #MEXC: @MEXC on X ↗ |
| 10-15 06:40 | Backpack | Other | TSMC reports Q3 earnings, with record net profit up 69% year over year. ▸ Revenue: $46.72B vs. $44.93B est. ▲ ▸ EPS (ADR): $4.60 vs. $4.48 est. ▲ $TSM -1.49% overnight @Backpack on X ↗ |


Polymarket Perps
BingX
MEXC
Backpack