Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against SunX−0.029%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2662.664% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.029%, 7d avg −0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 446.11 | 0 | get 0.0000% / 8h | 1h 17m | $1K | $5.4M | 10x |
| Short | OKX TSM-USDT-SWAP | 445.98 | 0 | get 0.0000% / 8h | 1h 17m | $4.0M | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.029% → −0.042%
- $1.32
- Slippage, 4 orders
- −$248.37
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$265.04
- Costs to cover
- 2.664%
- Break-even
- never at this rate
Slippage from SunX: live order book, 11 min ago; OKX: live order book, 5 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, 11 min ago | 44.97 bp | 123.2 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.34 bp | 7.5 bp −$7 | 25.7 bp −$257 | 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 | −0.0482% | 4h | 446.06 | −0.011% | $48K | $215K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 445.96 | −0.033% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 446.02 | −0.020% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 446.11 | 0.000% | $13.2M | $7.0M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 445.81 | −0.067% | $2.0M | $423K | 50x | as long as short |
| OKX TSM-USDT-SWAPshort | 0.0000% | 8h | 445.98 | −0.029% | $4.0M | $3.1M | 20x | |
| Gate TSM_USDT | 0.0000% | 8h | 445.84 | −0.061% | $1.7M | $923K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 445.90 | −0.047% | $1.6M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 446.07 | −0.009% | $552K | $85K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 445.98 | −0.029% | $5K | $1.1M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TSM-USDTlong | 0.0000% | 8h | 446.11 | long leg | $1K | $5.4M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 446.07 | −0.009% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 445.15 | −0.215% | $1.5M | $472K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0008% | 1h | 444.60 | −0.338% | $356K | $96K | 10x | as long as short |
| BloFin TSM-USDT | +0.0027% | 8h | 446.13 | +0.004% | $44K | $105K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 446.18 | +0.016% | $226K | $601K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 445.92 | −0.043% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 445.80 | −0.069% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 445.79 | −0.072% | $196K | $91K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 445.81 | −0.067% | $145 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 445.49 | −0.139% | $159K | $22K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 445.63 | −0.108% | $271K | $334K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 446.00 | −0.025% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 446.07 | −0.008% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0162% | 1h | 445.83 | −0.063% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 449.91 | +0.852% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0243% | 1h | 446.08 | −0.007% | $4 | $61K | 10x | as long as short |
| Lighter TSM | +0.0424% | 1h | 446.67 | +0.126% | $504K | $167K | 10x | as long as short |
SunX TSM-USDT
OKX TSM-USDT-SWAP
edgeX TSMUSDC
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_Perp
HTX TSM-USDT
Phemex TSMUSDT
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
Lighter TSM