Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.012%
Price spread now: Extended against Gate+0.032%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.032%, 7d avg +0.033%
=Together, before fees−0.005%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TSM_USDT | 441.23 | 0 | get 0.0000% / 8h | 3h 55m | $1.7M | $1.0M | 100x |
| Short | Extended TSM-USD | 441.37 | 0.0072 | get 0.0009% / 1h | 55m 44s | $6K | $195K | 10x |
Gate TSM_USDT
Extended TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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
- $15.12
- Price spread: +0.032% → +0.033%
- −$0.13
- Slippage, 4 orders
- −$31.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$36.21
- Costs to cover
- 0.512%
- Break-even
- 23.8 days
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 61 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 Gate live order book, 2 min ago | 3.29 bp | 12.6 bp −$13 | 78.8 bp −$788 | 144.2 bp −$14.4K | doesn't fit |
| Sell Extended live order book, 61 min ago | 0.90 bp | 8.7 bp −$9 | 55.0 bp −$550 | 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 | −0.0905% | 4h | 441.57 | +0.078% | $48K | $215K | 10x | as long as short |
| Bitget TSMUSDT | −0.0086% | 8h | 441.85 | +0.141% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.75 | +0.118% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.27 | +0.009% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.51 | +0.063% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDTlong | 0.0000% | 8h | 441.23 | long leg | $1.7M | $1.0M | 100x | |
| Variational Omni TSM | 0.0000% | 8h | 441.44 | +0.047% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.43 | +0.045% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.20 | −0.007% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.54 | +0.070% | $1.5M | $474K | 10x | as long as short |
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Variational Omni TSM
SunX TSM-USDT
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 | 441.47 | +0.054% | $497K | $176K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.32 | +0.020% | $231K | $653K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.99 | −0.054% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.06 | −0.039% | $10.2M | $2.1M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.20 | −0.007% | $192K | $55K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.03 | −0.045% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.00 | −0.052% | $158K | $22K | 10x | as long as short |
| Binance TSMUSDT | +0.0068% | 8h | 441.46 | +0.052% | $12.9M | $7.3M | 20x | as long as short |
| Extended TSM-USDshort | +0.0072% | 1h | 441.37 | +0.032% | $6K | $195K | 10x | |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.79 | −0.100% | $368K | $102K | 10x | as long as short |
| BloFin TSM-USDT | +0.0090% | 8h | 441.55 | +0.073% | $45K | $99K | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0098% | 8h | 441.67 | +0.100% | $10K | $1.2M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.23 | 0.000% | $267K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.40 | +0.039% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.42 | +0.044% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 441.33 | +0.023% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 446.02 | +1.086% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0498% | 1h | 441.37 | +0.032% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL