Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.070%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$582as in the Funding arb table
Net, price: spread back to 7d avg − costs−$603as in the Price arb table
costs, in and out, $10k−$6036.033% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.070%, 7d avg −0.076%
=The price spread sits at its 7-day average of −0.076%, so right now this pair is about funding alone: +$3 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 | 440.13 | 0 | get 0.0000% / 8h | 8m 09s | $2K | $4.0M | 10x |
| Short | KuCoin TSMUSDTM | 439.82 | 0.0100 | get 0.0100% / 8h | 8m 09s | $266K | $312K | 20x |
SunX TSM-USDT
KuCoin TSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.070% → −0.076%
- $0.53
- Slippage, 4 orders
- −$583.28
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$581.76
- Costs to cover
- 6.033%
- Break-even
- 200.9 days
Slippage from SunX: live order book, 10 min ago; KuCoin: live order book, 24 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, 10 min ago | 44.75 bp | 123.2 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 22.87 bp | 136.2 bp −$136 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0034% | 8h | 440.06 | −0.016% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.06 | −0.017% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.92 | −0.048% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.10 | −0.007% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.97 | −0.036% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.07 | −0.014% | $559K | $38K | — | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 440.13 | long leg | $2K | $4.0M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 440.16 | +0.007% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.67 | +0.123% | $1.5M | $522K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.00 | −0.030% | $495K | $190K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 439.92 | −0.048% | $222K | $725K | 10x | as long as short |
| BloFin TSM-USDT | +0.0035% | 8h | 440.37 | +0.055% | $45K | $107K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.76 | −0.084% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.72 | −0.093% | $10.1M | $1.8M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.84 | −0.066% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.74 | −0.089% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.92 | −0.048% | $157K | $28K | 10x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 440.04 | −0.021% | $3K | $219K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0056% | 1h | 439.33 | −0.182% | $366K | $97K | 10x | as long as short |
| Binance TSMUSDT | +0.0058% | 8h | 440.14 | +0.002% | $12.9M | $7.9M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0075% | 8h | 440.18 | +0.012% | $15K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTMshort | +0.0100% | 8h | 439.82 | −0.070% | $266K | $312K | 20x | |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.10 | −0.007% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.00 | −0.030% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0146% | 1h | 440.07 | −0.014% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.02 | +0.884% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0364% | 1h | 440.10 | −0.007% | $4 | $25K | 10x | as long as short |
| edgeX TSMUSDC | +0.0428% | 4h | 440.08 | −0.012% | $47K | $216K | 10x | as long as short |
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Coinbase International TSM-PERP-INTX
Binance TSMUSDT
GRVT TSM_USDT_Perp
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC