TSM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%

Price spread now: Extended against Phemex−0.043%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$880.876% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.043%, 7d avg −0.033%

Together, before fees+0.076%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSMUSDT	447.38	0	get 0.0000% / 8h	7h 32m	$1.5M	$451K	10x
Short	Extended TSM-USD	447.19	0	get 0.0000% / 1h	32m 12s	$3K	$202K	10x

Funding history

latest

Range statsloading…

Extended against Phemex. 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 PhemexbpFee ExtendedbpOrdersPrice spread, now −0.043%Rate

Slippage from Phemex: live order book, 1 min ago; Extended: live order book, 39 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 1 min ago	2.80 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 39 min ago	2.24 bp	10.7 bp −$11	130.4 bp −$1,304	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
Coinbase International TSM-PERP-INTX	−0.0024%	1h	446.95	−0.096%	$358K	$101K	10x	as long as short
BloFin TSM-USDT	−0.0005%	8h	447.27	−0.025%	$44K	$102K	20x	as long as short
Aster TSMUSDT	0.0000%	8h	447.22	−0.037%	$82K	$1K	20x	as long as short
Extended TSM-USDshort	0.0000%	1h	447.19	−0.043%	$3K	$202K	10x
Binance TSMUSDT	0.0000%	8h	447.27	−0.024%	$13.2M	$6.9M	20x	as long as short
Bybit TSMUSDT	0.0000%	8h	447.07	−0.069%	$2.0M	$408K	50x	as long as short
OKX TSM-USDT-SWAP	0.0000%	8h	447.34	−0.009%	$4.0M	$3.0M	20x	as long as short
Gate TSM_USDT	0.0000%	8h	447.19	−0.042%	$1.7M	$908K	100x	as long as short
Variational Omni TSM	0.0000%	8h	447.36	−0.004%	$554K	$84K	—	as long as short
GRVT TSM_USDT_Perp	0.0000%	8h	447.35	−0.007%	$9K	$1.1M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TSM-USDT	0.0000%	8h	447.21	−0.038%	$2K	$5.0M	10x	as long as short
HTX TSM-USDT	0.0000%	8h	447.14	−0.054%	$9K	$8K	20x	as long as short
Phemex TSMUSDTlong	0.0000%	8h	447.38	long leg	$1.5M	$451K	10x
Bitget TSMUSDT	+0.0006%	8h	447.22	−0.036%	$1.6M	$1.4M	20x	as long as short
Lighter RH TSM	+0.0032%	1h	447.31	−0.016%	$231K	$638K	10x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	447.18	−0.045%	—	—	25x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	446.99	−0.087%	$10.3M	$2.4M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	447.05	−0.074%	$197K	$41K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	446.94	−0.098%	$146	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	447.09	−0.065%	$158K	$20K	10x	as long as short
KuCoin TSMUSDTM	+0.0100%	8h	446.87	−0.114%	$271K	$312K	20x	as long as short
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	447.20	−0.040%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	447.23	−0.034%	$125	—	10x	as long as short
Phoenix TSM	+0.0179%	1h	447.34	−0.009%	$218K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	451.79	+0.986%	$7K	$38K	12x	as long as short
Lighter TSM	+0.0256%	1h	447.92	+0.121%	$505K	$166K	10x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0265%	1h	447.17	−0.047%	$4	$32K	10x	as long as short
edgeX TSMUSDC	+0.0389%	4h	447.28	−0.022%	$48K	$216K	10x	as long as short