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: Gate against OKX−0.011%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.011%, 7d avg −0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TSM-USDT-SWAP | 441.04 | 0 | get 0.0000% / 8h | 2h 55m | $4.0M | $2.5M | 20x |
| Short | Gate TSM_USDT | 440.99 | 0 | get 0.0000% / 8h | 2h 55m | $1.7M | $1.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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: −0.011% → −0.017%
- $0.55
- Slippage, 4 orders
- −$25.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.21
- Costs to cover
- 0.508%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 2 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 OKX live order book, 2 min ago | 0.68 bp | 9.4 bp −$9 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 6.01 bp | 17.0 bp −$17 | 40.5 bp −$405 | 58.5 bp −$5,851 | 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 | −0.0309% | 4h | 440.92 | −0.027% | $48K | $216K | 10x | as long as short |
| Bitget TSMUSDT | −0.0199% | 8h | 440.92 | −0.027% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.15 | +0.025% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.93 | −0.025% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAPlong | 0.0000% | 8h | 441.04 | long leg | $4.0M | $2.5M | 20x | |
| Gate TSM_USDTshort | 0.0000% | 8h | 440.99 | −0.011% | $1.7M | $1.1M | 100x | |
| Variational Omni TSM | 0.0000% | 8h | 441.18 | +0.032% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.08 | +0.009% | $2K | $4.2M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 441.03 | −0.002% | $4 | $24K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.11 | +0.016% | $9K | $8K | 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 | 441.31 | +0.061% | $1.5M | $494K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 441.03 | −0.002% | $497K | $137K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.10 | +0.014% | $220K | $676K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.75 | −0.066% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.77 | −0.061% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.78 | −0.059% | $192K | $61K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.65 | −0.088% | $137 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.96 | −0.018% | $157K | $23K | 10x | as long as short |
| Binance TSMUSDT | +0.0062% | 8h | 441.14 | +0.022% | $12.9M | $7.6M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.98 | −0.014% | $6K | $196K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0069% | 8h | 440.99 | −0.011% | $9K | $1.3M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 440.03 | −0.229% | $367K | $102K | 10x | as long as short |
| BloFin TSM-USDT | +0.0077% | 8h | 441.16 | +0.027% | $45K | $102K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.80 | −0.054% | $267K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.04 | 0.000% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.07 | +0.006% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.96 | −0.018% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.33 | +0.973% | $6K | $38K | 12x | as long as short |
OKX TSM-USDT-SWAP
Gate TSM_USDT
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
Variational Omni TSM
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP