TSM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Bybit against Gate+0.004%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$560.563% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days+0.035%+$4 · spread now +0.004%, 7d avg +0.022%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TSM_USDT	444.71	0	get 0.0000% / 8h	2h 33m	$1.7M	$919K	100x
Short	Bybit TSMUSDT	444.73	0	get 0.0000% / 8h	2h 33m	$2.0M	$417K	50x

Funding history

latest

Range statsloading…

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now +0.004%Rate

Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	3.60 bp	16.7 bp −$17	98.1 bp −$981	151.7 bp −$15.2K	doesn't fit
Sell Bybit live order book, 4 min ago	1.69 bp	12.5 bp −$12	38.7 bp −$387	doesn't fit	doesn't fit

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
Aster TSMUSDT	0.0000%	8h	444.79	+0.018%	$82K	$1K	20x	as long as short
Extended TSM-USD	0.0000%	1h	444.98	+0.060%	$2K	$167K	10x	as long as short
Binance TSMUSDT	0.0000%	8h	445.03	+0.072%	$13.1M	$6.8M	20x	as long as short
Bybit TSMUSDTshort	0.0000%	8h	444.73	+0.004%	$2.0M	$417K	50x
OKX TSM-USDT-SWAP	0.0000%	8h	444.99	+0.063%	$4.0M	$3.1M	20x	as long as short
Gate TSM_USDTlong	0.0000%	8h	444.71	long leg	$1.7M	$919K	100x
Variational Omni TSM	0.0000%	8h	445.02	+0.070%	$551K	$85K	—	as long as short
GRVT TSM_USDT_Perp	0.0000%	8h	444.99	+0.063%	$17K	$1.1M	10x	as long as short
SunX TSM-USDT	0.0000%	8h	445.01	+0.067%	$1K	$5.4M	10x	as long as short
HTX TSM-USDT	0.0000%	8h	444.74	+0.007%	$9K	$9K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSMUSDT	0.0000%	8h	444.93	+0.049%	$1.5M	$462K	10x	as long as short
Bitget TSMUSDT	+0.0001%	8h	444.99	+0.063%	$1.6M	$1.5M	20x	as long as short
Coinbase International TSM-PERP-INTX	+0.0016%	1h	444.78	+0.016%	$356K	$96K	10x	as long as short
BloFin TSM-USDT	+0.0023%	8h	445.07	+0.081%	$44K	$104K	20x	as long as short
Lighter RH TSM	+0.0032%	1h	445.15	+0.099%	$201K	$660K	10x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	444.81	+0.022%	—	—	25x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	444.71	0.000%	$10.3M	$2.6M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	444.77	+0.013%	$188K	$82K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	444.70	−0.002%	$145	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	444.90	+0.043%	$159K	$19K	10x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0065%	1h	444.97	+0.058%	$4	$61K	10x	as long as short
KuCoin TSMUSDTM	+0.0100%	8h	444.41	−0.067%	$270K	$341K	20x	as long as short
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	444.96	+0.056%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	445.20	+0.109%	$125	—	10x	as long as short
Phoenix TSM	+0.0180%	1h	444.80	+0.020%	$216K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	468.41	+5.329%	$7K	$39K	12x	as long as short
edgeX TSMUSDC	+0.0315%	4h	445.01	+0.067%	$48K	$215K	10x	as long as short
Lighter TSM	+0.0608%	1h	445.85	+0.256%	$503K	$159K	10x	as long as short