TSM

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: SunX against Phemex−0.029%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$317as in the Funding arb table

Net, price: spread back to 7d avg − costs−$318as in the Price arb table

costs, in and out, $10k−$3173.165% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.029%, 7d avg −0.014%

Together, before fees+0.027%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex TSMUSDT	443.45	0	get 0.0000% / 8h	5h 05m	$1.5M	$446K	10x
Short	SunX TSM-USDT	443.32	0	get 0.0000% / 8h	5h 05m	$2K	$4.3M	10x

Funding history

latest

Range statsloading…

SunX 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 SunXbpOrdersPrice spread, now −0.029%Rate

Slippage from Phemex: live order book, 3 min ago; SunX: live order book, 3 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, 3 min ago	3.16 bp	36.3 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	45.11 bp	127.0 bp −$127	doesn't fit	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
edgeX TSMUSDC	−0.0119%	4h	443.21	−0.055%	$48K	$216K	10x	as long as short
Aster TSMUSDT	0.0000%	8h	443.54	+0.019%	$81K	$1K	20x	as long as short
Bybit TSMUSDT	0.0000%	8h	443.00	−0.101%	$2.0M	$381K	50x	as long as short
OKX TSM-USDT-SWAP	0.0000%	8h	443.11	−0.077%	$4.0M	$2.4M	20x	as long as short
Gate TSM_USDT	0.0000%	8h	443.09	−0.081%	$1.7M	$962K	100x	as long as short
Bitget TSMUSDT	0.0000%	8h	443.45	0.000%	$1.7M	$1.4M	20x	as long as short
Variational Omni TSM	0.0000%	8h	443.27	−0.041%	$549K	$61K	—	as long as short
SunX TSM-USDTshort	0.0000%	8h	443.32	−0.029%	$2K	$4.3M	10x
HTX TSM-USDT	0.0000%	8h	443.21	−0.054%	$9K	$9K	20x	as long as short
Phemex TSMUSDTlong	0.0000%	8h	443.45	long leg	$1.5M	$446K	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TSM-USDT	+0.0023%	8h	443.27	−0.041%	$45K	$98K	20x	as long as short
Lighter TSM	+0.0032%	1h	443.51	+0.014%	$500K	$173K	10x	as long as short
Lighter RH TSM	+0.0032%	1h	443.21	−0.054%	$221K	$645K	10x	as long as short
Binance TSMUSDT	+0.0045%	8h	443.32	−0.029%	$13.0M	$6.8M	20x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	442.86	−0.133%	—	$583	25x	as long as short
Extended TSM-USD	+0.0048%	1h	443.22	−0.053%	$2K	$189K	10x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	442.98	−0.106%	$10.3M	$2.3M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	443.08	−0.083%	$196K	$51K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	442.94	−0.115%	$136	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	442.72	−0.165%	$158K	$23K	10x	as long as short
GRVT TSM_USDT_Perp	+0.0088%	8h	443.33	−0.027%	$11K	$1.2M	10x	as long as short
KuCoin TSMUSDTM	+0.0100%	8h	442.96	−0.110%	$268K	$318K	20x	as long as short
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	443.25	−0.045%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	443.24	−0.047%	$124	—	10x	as long as short
Coinbase International TSM-PERP-INTX	+0.0152%	1h	443.05	−0.090%	$369K	$107K	10x	as long as short
Phoenix TSM	+0.0217%	1h	443.04	−0.092%	$215K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	448.46	+1.130%	$7K	$38K	12x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0518%	1h	443.18	−0.061%	$4	$24K	10x	as long as short