Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against SunX+0.004%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2712.715% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 2 days (all we have)−0.005%−$1 · spread now +0.004%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 444.94 | 0 | get 0.0000% / 8h | 2h 23m | $2K | $5.4M | 10x |
| Short | Binance TSMUSDT | 444.96 | 0 | get 0.0000% / 8h | 2h 23m | $13.1M | $6.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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: +0.004% → +0.013%
- −$0.85
- Slippage, 4 orders
- −$253.45
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$272.31
- Costs to cover
- 2.715%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; Binance: live order book, 2 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 SunX live order book, 5 min ago | 44.72 bp | 123.2 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.11 bp | 10.4 bp −$10 | 26.6 bp −$266 | 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 | −0.0018% | 4h | 444.94 | +0.001% | $48K | $214K | 10x | as long as short |
| BloFin TSM-USDT | −0.0013% | 8h | 445.00 | +0.013% | $44K | $104K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 445.01 | +0.016% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 444.90 | −0.008% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDTshort | 0.0000% | 8h | 444.96 | +0.004% | $13.1M | $6.9M | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 444.64 | −0.067% | $2.0M | $418K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.83 | −0.025% | $4.0M | $3.1M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 444.72 | −0.049% | $1.7M | $920K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.90 | −0.009% | $1.6M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.91 | −0.007% | $551K | $85K | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 444.99 | +0.011% | $7K | $1.1M | 10x | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 444.94 | long leg | $2K | $5.4M | 10x | |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 444.97 | +0.007% | $4 | $61K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 444.54 | −0.090% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.90 | −0.009% | $1.5M | $463K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0016% | 1h | 444.60 | −0.076% | $356K | $96K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 445.12 | +0.040% | $201K | $661K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 444.86 | −0.018% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 444.77 | −0.038% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 444.78 | −0.036% | $188K | $82K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 444.63 | −0.070% | $145 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 444.76 | −0.040% | $158K | $22K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.70 | −0.054% | $270K | $339K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.93 | −0.002% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 445.16 | +0.051% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0180% | 1h | 444.91 | −0.007% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 468.41 | +5.275% | $7K | $39K | 12x | as long as short |
| Lighter TSM | +0.0648% | 1h | 445.89 | +0.214% | $503K | $161K | 10x | as long as short |
SunX TSM-USDT
Binance TSMUSDT
edgeX TSMUSDC
BloFin TSM-USDT
Aster TSMUSDT
Extended TSM-USD
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDT
Phemex TSMUSDT
Coinbase International TSM-PERP-INTX
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM