Settings8H · net · $10k
Funding arb · Price arb /

TSM

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TSM-USDT437.520get 0.0000% / 8h7h 51m$2K$4.0M10x
ShortExtended TSM-USD437.510.0024get 0.0003% / 1h51m 55s$3K$219K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago79.76 bp157.5 bp −$158doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 44 min ago1.37 bp9.4 bp −$982.0 bp −$820doesn't fitdoesn't fit

TSM on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSMUSDC−0.0700%4h438.16+0.146%$47K$216K10xas long as short
Aster TSMUSDT0.0000%8h438.17+0.148%$81K$2K20xas long as short
Bybit TSMUSDT0.0000%8h437.21−0.071%$2.0M$408K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h437.51−0.002%$4.0M$2.7M20xas long as short
Gate TSM_USDT0.0000%8h437.26−0.059%$1.7M$1.1M100xas long as short
Bitget TSMUSDT0.0000%8h437.40−0.027%$1.8M$1.5M20xas long as short
Variational Omni TSM0.0000%8h439.14+0.370%$553K$43Kas long as short
GRVT TSM_USDT_Perp0.0000%8h437.82+0.070%$7K$1.3M10xas long as short
SunX TSM-USDTlong0.0000%8h437.52long leg$2K$4.0M10x
HTX TSM-USDT0.0000%8h437.47−0.011%$9K$8K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TSMUSDT0.0000%8h438.26+0.169%$1.5M$526K10xas long as short
Extended TSM-USDshort+0.0024%1h437.51−0.002%$3K$219K10x
Binance TSMUSDT+0.0026%8h437.66+0.032%$12.8M$8.1M20xas long as short
Lighter TSM+0.0032%1h437.34−0.041%$492K$189K10xas long as short
Lighter RH TSM+0.0032%1h437.16−0.082%$194K$734K10xas long as short
BloFin TSM-USDT+0.0034%8h437.61+0.021%$45K$107K20xas long as short
Coinbase International TSM-PERP-INTX+0.0040%1h436.96−0.128%$369K$100K10xas long as short
Vest TSM-USD-PERP+0.0046%1h436.93−0.135%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h436.98−0.123%$10.0M$1.9M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h436.99−0.121%$189K$68K10xas long as short
SoDEX TSM-USD+0.0050%1h436.97−0.126%$136$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h436.92−0.137%$157K$28K10xas long as short
KuCoin TSMUSDTM+0.0100%8h437.41−0.025%$266K$324K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h437.46−0.014%$2110xas long as short
Aevo TSM-PERP+0.0104%1h437.37−0.034%$12210xas long as short
Phoenix TSM+0.0145%1h439.14+0.370%$208K$10K10xas long as short
Injective TSM/USDC PERP+0.0220%1h443.95+1.470%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0688%1h437.38−0.032%$4$17K10xas long as short