Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against SoDEX+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.039% dearer against SoDEX than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX TSM-USD | 438.16 | 0.0050 | pay 0.0006% / 1h | 43m 20s | $136 | $3K | 10x |
| Short | Polymarket Perps TSM-USD | 438.33 | 0.0050 | get 0.0006% / 1h | 43m 20s | $189K | $68K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $0
- Price spread: +0.039% → 0.000%
- $3.88
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$12.12
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Polymarket Perps: live order book, 54 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 Polymarket Perps live order book, 54 min ago | 2.50 bp | 6.7 bp −$7 | 7.7 bp −$77 | 10.2 bp −$1,016 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0884% | 4h | 438.44 | +0.063% | $47K | $217K | 10x | as long as short |
| BloFin TSM-USDT | −0.0019% | 8h | 438.52 | +0.082% | $45K | $108K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 438.70 | +0.124% | $81K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 438.39 | +0.052% | $2.0M | $409K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 438.58 | +0.096% | $4.0M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 438.42 | +0.059% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 438.62 | +0.105% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 438.28 | +0.028% | $549K | $45K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 438.57 | +0.093% | $13K | $1.3M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 438.65 | +0.112% | $1K | $4.0M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TSM-USDT | 0.0000% | 8h | 438.61 | +0.103% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 438.98 | +0.187% | $1.5M | $531K | 10x | as long as short |
| Extended TSM-USD | +0.0008% | 1h | 438.48 | +0.072% | $3K | $219K | 10x | as long as short |
| Binance TSMUSDT | +0.0010% | 8h | 438.59 | +0.099% | $12.8M | $8.1M | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0024% | 1h | 438.52 | +0.082% | $4 | $13K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 438.51 | +0.080% | $494K | $189K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 438.52 | +0.082% | $195K | $736K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0040% | 1h | 438.04 | −0.027% | $372K | $103K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 438.29 | +0.030% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 438.27 | +0.025% | $10.0M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USDshort | +0.0050% | 1h | 438.33 | +0.039% | $189K | $68K | 10x | |
| SoDEX TSM-USDlong | +0.0050% | 1h | 438.16 | long leg | $136 | $3K | 10x | |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 438.07 | −0.021% | $157K | $28K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 438.19 | +0.007% | $266K | $326K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 438.53 | +0.084% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 438.55 | +0.089% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 438.01 | −0.034% | $208K | $10K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +1.321% | $6K | $38K | 12x | as long as short |
SoDEX TSM-USD
Polymarket Perps TSM-USD
edgeX TSMUSDC
BloFin TSM-USDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Deribit TSM_USDC-PERPETUAL
Lighter TSM
Lighter RH TSM
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP