Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against SunX−0.154%7-day average −0.069% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.154%, 7d avg −0.069%
=Together, before fees+0.200%+ Points / potential airdropOndo Perps: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.085% cheaper against SunX than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.069%). If the spread goes back, that is −$9 on $10k: about 5.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 440.30 | 0 | get 0.0000% / 8h | 2h 34m | $2K | $4.2M | 10x |
| Short | Ondo Perps TSM-USD.P | 439.62 | 0.0050 | get 0.0006% / 1h | 34m 32s | $159K | $25K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: −0.154% → −0.069%
- −$8.52
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$10.93
- Costs to cover
- 0.130%
- Break-even
- 14.2 days
Slippage unknown: SunX: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 4 min ago | 44.74 bp | 123.2 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0186% | 8h | 440.09 | −0.048% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.00 | −0.068% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.80 | −0.114% | $2.0M | $398K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.77 | −0.120% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.75 | −0.125% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.11 | −0.044% | $545K | $40K | — | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 440.30 | long leg | $2K | $4.2M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 440.18 | −0.027% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.70 | +0.091% | $1.5M | $500K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.05 | −0.057% | $495K | $137K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 439.96 | −0.077% | $219K | $681K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.42 | −0.200% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.58 | −0.164% | $10.2M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.00 | −0.068% | $192K | $63K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.65 | −0.148% | $134 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 439.62 | −0.154% | $159K | $25K | 10x | |
| GRVT TSM_USDT_Perp | +0.0052% | 8h | 440.15 | −0.033% | $8K | $1.3M | 10x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 439.84 | −0.104% | $6K | $196K | 10x | as long as short |
| Binance TSMUSDT | +0.0059% | 8h | 439.93 | −0.084% | $12.8M | $7.7M | 20x | as long as short |
| BloFin TSM-USDT | +0.0060% | 8h | 440.20 | −0.023% | $45K | $103K | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 440.03 | −0.061% | $367K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.66 | −0.145% | $266K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.02 | −0.064% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.20 | −0.022% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 439.78 | −0.118% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.58 | +1.199% | $6K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0738% | 4h | 440.23 | −0.016% | $47K | $216K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0978% | 1h | 440.18 | −0.027% | $4 | $24K | 10x | as long as short |
SunX TSM-USDT
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
GRVT TSM_USDT_Perp
Extended TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL