Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: tradeXYZ against Polymarket Perps−0.023%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now −0.023%, 7d avg −0.035%
=Together, before fees−0.113%+ Points / potential airdroptradeXYZ: 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 | 441.16 | 0.0050 | pay 0.0006% / 1h | 37m 23s | $194K | $52K | 10x |
| Short | tradeXYZ xyz:TSM | 441.06 | 0.0050 | get 0.0006% / 1h | 37m 23s | $10.2M | $2.2M | 10x |
Polymarket Perps TSM-USD
tradeXYZ xyz:TSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0
- Price spread: −0.023% → −0.035%
- $1.19
- Slippage, 4 orders
- −$14.13
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$38.95
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 20 min ago; tradeXYZ: live order book, 11 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, 20 min ago | 2.26 bp | 6.6 bp −$7 | 6.9 bp −$69 | 9.2 bp −$920 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.90 bp | 12.6 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0081% | 4h | 441.41 | +0.057% | $48K | $216K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.58 | +0.095% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.31 | +0.034% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.41 | +0.057% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.22 | +0.014% | $1.7M | $1.0M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 441.43 | +0.061% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.51 | +0.080% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.47 | +0.070% | $1K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.41 | +0.057% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.80 | +0.145% | $1.5M | $464K | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 441.64 | +0.109% | $497K | $175K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.34 | +0.041% | $220K | $643K | 10x | as long as short |
| BloFin TSM-USDT | +0.0044% | 8h | 441.68 | +0.118% | $45K | $99K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.90 | −0.059% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSMshort | +0.0050% | 1h | 441.06 | −0.023% | $10.2M | $2.2M | 10x | |
| Polymarket Perps TSM-USDlong | +0.0050% | 1h | 441.16 | long leg | $194K | $52K | 10x | |
| SoDEX TSM-USD | +0.0050% | 1h | 441.05 | −0.025% | $138 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.02 | −0.032% | $158K | $23K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 441.37 | +0.047% | $1K | $190K | 10x | as long as short |
| Binance TSMUSDT | +0.0065% | 8h | 441.47 | +0.070% | $13.0M | $7.1M | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.12 | −0.009% | $268K | $316K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.39 | +0.052% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.40 | +0.055% | $124 | — | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0120% | 1h | 440.79 | −0.084% | $368K | $102K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0122% | 8h | 441.58 | +0.095% | $16K | $1.2M | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 441.34 | +0.041% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.69 | +1.480% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0589% | 1h | 441.35 | +0.043% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Binance TSMUSDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Coinbase International TSM-PERP-INTX
GRVT TSM_USDT_Perp
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL