Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: OKX against Extended−0.020%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.020%, 7d avg −0.020%
=Together, before fees+0.026%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TSM-USD | 446.19 | 0 | get 0.0000% / 1h | 14m 11s | $2K | $167K | 10x |
| Short | OKX TSM-USDT-SWAP | 446.10 | 0 | get 0.0000% / 8h | 1h 14m | $4.0M | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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: −0.020% → −0.020%
- $0
- Slippage, 4 orders
- −$19.18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$34.18
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; OKX: live order book, 3 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 Extended live order book, 2 min ago | 1.35 bp | 9.0 bp −$9 | 105.5 bp −$1,055 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.22 bp | 7.3 bp −$7 | 18.9 bp −$189 | 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 | −0.0777% | 4h | 446.04 | −0.034% | $48K | $216K | 10x | as long as short |
| BloFin TSM-USDT | −0.0022% | 8h | 446.05 | −0.031% | $44K | $105K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 446.24 | +0.013% | $82K | $1K | 20x | as long as short |
| Extended TSM-USDlong | 0.0000% | 1h | 446.19 | long leg | $2K | $167K | 10x | |
| Binance TSMUSDT | 0.0000% | 8h | 446.28 | +0.021% | $13.2M | $7.0M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 445.91 | −0.062% | $2.0M | $423K | 50x | as long as short |
| OKX TSM-USDT-SWAPshort | 0.0000% | 8h | 446.10 | −0.020% | $4.0M | $3.1M | 20x | |
| Gate TSM_USDT | 0.0000% | 8h | 446.01 | −0.040% | $1.7M | $924K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 446.08 | −0.024% | $1.6M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 446.10 | −0.020% | $552K | $85K | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 446.08 | −0.024% | $5K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 446.25 | +0.014% | $1K | $5.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 446.23 | +0.009% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 445.18 | −0.226% | $1.5M | $473K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0008% | 1h | 444.60 | −0.356% | $356K | $96K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 446.26 | +0.016% | $225K | $602K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 446.02 | −0.038% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 445.91 | −0.062% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 445.81 | −0.085% | $196K | $91K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 445.90 | −0.065% | $145 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 445.65 | −0.121% | $159K | $22K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 445.75 | −0.098% | $270K | $332K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 446.16 | −0.006% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 446.21 | +0.005% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0162% | 1h | 445.93 | −0.058% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 449.91 | +0.834% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0288% | 1h | 446.18 | −0.002% | $4 | $61K | 10x | as long as short |
| Lighter TSM | +0.0400% | 1h | 446.70 | +0.115% | $504K | $167K | 10x | as long as short |
Extended TSM-USD
OKX TSM-USDT-SWAP
edgeX TSMUSDC
BloFin TSM-USDT
Aster TSMUSDT
Binance TSMUSDT
Bybit TSMUSDT
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
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