Settings8H · net · $10k
Funding arb · Price arb /

TSM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against KuCoin+0.074%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.074% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TSMUSDTM447.070.0100pay 0.0100% / 8h7h 04m$272K$314K20x
ShortOrderly PERP_TSM_USDC_mythos447.400.0100get 0.0100% / 8h7h 04m$2110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: +0.074% → 0.000%
$7.38
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$10.62
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 46 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 46 min ago16.89 bp108.6 bp −$109doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TSM-PERP-INTX−0.0024%1h447.30+0.051%$359K$100K10xas long as short
BloFin TSM-USDT−0.0015%8h447.61+0.121%$45K$100K20xas long as short
Aster TSMUSDT0.0000%8h447.35+0.064%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h447.41+0.075%$5K$204K10xas long as short
Binance TSMUSDT0.0000%8h447.57+0.112%$13.2M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h447.16+0.020%$2.0M$412K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h447.39+0.072%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h447.31+0.054%$1.7M$929K100xas long as short
Variational Omni TSM0.0000%8h447.45+0.085%$554K$82Kas long as short
SunX TSM-USDT0.0000%8h447.48+0.092%$2K$4.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TSM-USDT0.0000%8h447.29+0.049%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h447.66+0.132%$1.5M$455K10xas long as short
Bitget TSMUSDT+0.0012%8h447.49+0.094%$1.6M$1.4M20xas long as short
Lighter RH TSM+0.0032%1h447.55+0.107%$230K$656K10xas long as short
Vest TSM-USD-PERP+0.0046%1h447.13+0.013%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h447.13+0.013%$10.3M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.22+0.034%$198K$42K10xas long as short
SoDEX TSM-USD+0.0050%1h447.01−0.013%$146$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h446.98−0.020%$158K$22K10xas long as short
GRVT TSM_USDT_Perp+0.0063%8h447.56+0.110%$13K$1.1M10xas long as short
KuCoin TSMUSDTMlong+0.0100%8h447.07long leg$272K$314K20x
Orderly PERP_TSM_USDC_mythosshort+0.0100%8h447.40+0.074%$2110x
Aevo TSM-PERP+0.0104%1h447.39+0.072%$12510xas long as short
Phoenix TSM+0.0179%1h447.34+0.060%$218K$5K10xas long as short
edgeX TSMUSDC+0.0217%4h447.45+0.084%$48K$216K10xas long as short
Injective TSM/USDC PERP+0.0220%1h452.09+1.123%$7K$38K12xas long as short
Lighter TSM+0.0312%1h448.06+0.221%$506K$167K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0735%1h447.36+0.065%$98$32K10xas long as short