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

TSM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Polymarket Perps−0.025%49s7-day average · you buy dearer than you sell
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 3 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: SoDEX is 0.025% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TSM-USD446.550.0050pay 0.0006% / 1h19m 28s$197K$90K10x
ShortSoDEX TSM-USD446.440.0050get 0.0006% / 1h19m 28s$146$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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 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: −0.025% → 0.000%
−$2.46
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$18.46
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 57 min ago; SoDEX: 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 Polymarket Perps live order book, 57 min ago2.36 bp8.6 bp −$910.3 bp −$10311.6 bp −$1,163doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h446.18−0.083%$357K$97K10xas long as short
BloFin TSM-USDT−0.0006%8h446.87+0.072%$44K$102K20xas long as short
Aster TSMUSDT0.0000%8h446.63+0.019%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h446.73+0.039%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h446.83+0.063%$13.2M$6.7M20xas long as short
Bybit TSMUSDT0.0000%8h446.49−0.013%$2.0M$415K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h446.75+0.045%$4.0M$2.9M20xas long as short
Gate TSM_USDT0.0000%8h446.41−0.031%$1.7M$909K100xas long as short
Bitget TSMUSDT0.0000%8h446.76+0.047%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h446.76+0.048%$553K$84Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h446.62+0.017%$7K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h446.79+0.054%$1K$5.1M10xas long as short
HTX TSM-USDT0.0000%8h446.77+0.049%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h446.87+0.072%$1.5M$454K10xas long as short
Lighter RH TSM+0.0032%1h446.83+0.063%$229K$596K10xas long as short
Vest TSM-USD-PERP+0.0046%1h446.67+0.027%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h446.57+0.004%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USDlong+0.0050%1h446.55long leg$197K$90K10x
SoDEX TSM-USDshort+0.0050%1h446.44−0.025%$146$3K10x
Ondo Perps TSM-USD.P+0.0050%1h446.52−0.007%$159K$22K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0086%1h446.67+0.027%$4$61K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.26−0.065%$270K$319K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.71+0.036%$2110xas long as short
Aevo TSM-PERP+0.0104%1h446.78+0.052%$12510xas long as short
Phoenix TSM+0.0215%1h446.54−0.002%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h450.72+0.934%$7K$38K12xas long as short
Lighter TSM+0.0272%1h447.23+0.152%$505K$166K10xas long as short
edgeX TSMUSDC+0.0718%4h446.69+0.032%$48K$215K10xas long as short