Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.027%
Price spread now: Gate against SoDEX+0.002%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX TSM-USD | 446.89 | 0.0050 | pay 0.0006% / 1h | 55m 27s | $143 | $3K | 10x |
| Short | Gate TSM_USDT | 446.90 | 0 | get 0.0000% / 8h | 7h 55m | $1.7M | $880K | 100x |
SoDEX TSM-USD
Gate TSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SoDEX. 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
- −$10.5
- Price spread: +0.002% → 0.000%
- $0.22
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$33.28
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 3.13 bp | 12.5 bp −$13 | 32.1 bp −$321 | 49.2 bp −$4,919 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | +0.013% | $358K | $103K | 10x | as long as short |
| BloFin TSM-USDT | −0.0001% | 8h | 447.29 | +0.090% | $44K | $102K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 447.15 | +0.059% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 447.18 | +0.065% | $4K | $165K | 10x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.08 | +0.043% | $2.0M | $412K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.22 | +0.074% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDTshort | 0.0000% | 8h | 446.90 | +0.002% | $1.7M | $880K | 100x | |
| Bitget TSMUSDT | 0.0000% | 8h | 447.25 | +0.081% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.30 | +0.093% | $554K | $84K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 447.20 | +0.069% | $7K | $1.1M | 10x | as long as short |
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Aster TSMUSDT
Extended TSM-USD
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TSM-USDT | 0.0000% | 8h | 447.26 | +0.083% | $1K | $5.1M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 446.77 | −0.027% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.24 | +0.078% | $1.5M | $453K | 10x | as long as short |
| Binance TSMUSDT | +0.0003% | 8h | 447.23 | +0.076% | $13.2M | $6.9M | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0018% | 1h | 447.17 | +0.063% | $4 | $32K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.32 | +0.096% | $232K | $616K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.15 | +0.058% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 446.83 | −0.013% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 446.85 | −0.009% | $197K | $59K | 10x | as long as short |
| SoDEX TSM-USDlong | +0.0050% | 1h | 446.89 | long leg | $143 | $3K | 10x | |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 446.34 | −0.123% | $160K | $20K | 10x | as long as short |
| Lighter TSM | +0.0096% | 1h | 447.79 | +0.201% | $505K | $166K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 446.83 | −0.013% | $271K | $312K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.21 | +0.072% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.06 | +0.039% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0215% | 1h | 447.08 | +0.043% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 451.38 | +1.005% | $7K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0448% | 4h | 447.11 | +0.049% | $48K | $215K | 10x | as long as short |
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Binance TSMUSDT
Deribit TSM_USDC-PERPETUAL
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
Ondo Perps TSM-USD.P
Lighter TSM
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC