Funding you earn now, next payment 06:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Polymarket Perps+0.037%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$330.331% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now +0.037%, 7d avg +0.053%
=Together, before fees+0.112%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSM-USD | 440.81 | 0.0050 | pay 0.0006% / 1h | 52m 42s | $192K | $63K | 10x |
| Short | Extended TSM-USD | 440.97 | 0.0056 | get 0.0007% / 1h | 52m 42s | $6K | $196K | 10x |
Polymarket Perps TSM-USD
Extended TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Polymarket Perps. 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
- $1.26
- Price spread: +0.037% → +0.053%
- −$1.68
- Slippage, 4 orders
- −$20.11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$33.53
- Costs to cover
- 0.331%
- Break-even
- 193.3 days
Slippage from Polymarket Perps: live order book, 59 min ago; Extended: live order book, 59 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 Polymarket Perps live order book, 59 min ago | 2.04 bp | 6.0 bp −$6 | 6.0 bp −$60 | 8.8 bp −$877 | doesn't fit |
| Sell Extended live order book, 59 min ago | 1.48 bp | 9.3 bp −$9 | 108.5 bp −$1,085 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0192% | 8h | 440.92 | +0.025% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.97 | +0.037% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.83 | +0.005% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.10 | +0.066% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.80 | −0.002% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.18 | +0.085% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.07 | +0.059% | $2K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.11 | +0.068% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.27 | +0.104% | $1.5M | $494K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 441.03 | +0.050% | $497K | $137K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 441.04 | +0.052% | $220K | $676K | 10x | as long as short |
| BloFin TSM-USDT | +0.0044% | 8h | 441.12 | +0.070% | $45K | $101K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.70 | −0.025% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.70 | −0.025% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USDlong | +0.0050% | 1h | 440.81 | long leg | $192K | $63K | 10x | |
| SoDEX TSM-USD | +0.0050% | 1h | 440.58 | −0.052% | $137 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.96 | +0.034% | $157K | $23K | 10x | as long as short |
| Extended TSM-USDshort | +0.0056% | 1h | 440.97 | +0.037% | $6K | $196K | 10x | |
| Binance TSMUSDT | +0.0059% | 8h | 441.09 | +0.064% | $12.9M | $7.6M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0069% | 8h | 440.99 | +0.041% | $9K | $1.3M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 440.03 | −0.177% | $367K | $102K | 10x | as long as short |
| edgeX TSMUSDC | +0.0077% | 4h | 441.07 | +0.058% | $48K | $216K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.62 | −0.043% | $267K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.91 | +0.023% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.98 | +0.039% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 441.05 | +0.054% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.33 | +1.025% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0408% | 1h | 440.96 | +0.034% | $4 | $24K | 10x | as long as short |
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
edgeX TSMUSDC
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL