Funding you earn now, next payment 09:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.009%
Price spread now: Extended against SunX−0.002%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$337as in the Price arb table
costs, in and out, $10k−$3383.385% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.002%, 7d avg −0.018%
=Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 437.52 | 0 | get 0.0000% / 8h | 7h 51m | $2K | $4.0M | 10x |
| Short | Extended TSM-USD | 437.51 | 0.0024 | get 0.0003% / 1h | 51m 55s | $3K | $219K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $5.04
- Price spread: −0.002% → −0.018%
- $1.56
- Slippage, 4 orders
- −$325.48
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$331.89
- Costs to cover
- 3.385%
- Break-even
- 468.0 days
Slippage from SunX: live order book, 6 min ago; Extended: live order book, 44 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, 6 min ago | 79.76 bp | 157.5 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 44 min ago | 1.37 bp | 9.4 bp −$9 | 82.0 bp −$820 | 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 | −0.0700% | 4h | 438.16 | +0.146% | $47K | $216K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 438.17 | +0.148% | $81K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 437.21 | −0.071% | $2.0M | $408K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 437.51 | −0.002% | $4.0M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 437.26 | −0.059% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 437.40 | −0.027% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.14 | +0.370% | $553K | $43K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 437.82 | +0.070% | $7K | $1.3M | 10x | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 437.52 | long leg | $2K | $4.0M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 437.47 | −0.011% | $9K | $8K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 438.26 | +0.169% | $1.5M | $526K | 10x | as long as short |
| Extended TSM-USDshort | +0.0024% | 1h | 437.51 | −0.002% | $3K | $219K | 10x | |
| Binance TSMUSDT | +0.0026% | 8h | 437.66 | +0.032% | $12.8M | $8.1M | 20x | as long as short |
| Lighter TSM | +0.0032% | 1h | 437.34 | −0.041% | $492K | $189K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 437.16 | −0.082% | $194K | $734K | 10x | as long as short |
| BloFin TSM-USDT | +0.0034% | 8h | 437.61 | +0.021% | $45K | $107K | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0040% | 1h | 436.96 | −0.128% | $369K | $100K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 436.93 | −0.135% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 436.98 | −0.123% | $10.0M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 436.99 | −0.121% | $189K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 436.97 | −0.126% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 436.92 | −0.137% | $157K | $28K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 437.41 | −0.025% | $266K | $324K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 437.46 | −0.014% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 437.37 | −0.034% | $122 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 439.14 | +0.370% | $208K | $10K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +1.470% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0688% | 1h | 437.38 | −0.032% | $4 | $17K | 10x | as long as short |
SunX TSM-USDT
Extended TSM-USD
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_Perp
HTX TSM-USDT
Phemex TSMUSDT
Binance TSMUSDT
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL