Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h 0.000%
Price spread now: SunX against Coinbase International+0.214%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2652.655% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.214%, 7d avg +0.201%
=The price spread sits at its 7-day average of +0.201%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TSM-PERP-INTX | 439.42 | −0.0016 | get 0.0002% / 1h | 15m 47s | $372K | $98K | 10x |
| Short | SunX TSM-USDT | 440.36 | 0 | get 0.0000% / 8h | 6h 15m | $2K | $3.8M | 10x |
Coinbase International TSM-PERP-INTX
SunX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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
- $3.36
- Price spread: +0.214% → +0.201%
- $1.25
- Slippage, 4 orders
- −$247.46
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$260.85
- Costs to cover
- 2.655%
- Break-even
- 550.4 days
Slippage from Coinbase International: live order book, 35 min ago; SunX: live order book, 6 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 Coinbase International live order book, 35 min ago | 2.51 bp | 8.3 bp −$8 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 44.63 bp | 126.7 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
TSM on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTXlong | −0.0016% | 1h | 439.42 | long leg | $372K | $98K | 10x | |
| Aster TSMUSDT | 0.0000% | 8h | 440.20 | +0.178% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.00 | +0.132% | $2.0M | $397K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.37 | +0.216% | $4.0M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.10 | +0.155% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 440.35 | +0.212% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.31 | +0.203% | $551K | $44K | — | as long as short |
| SunX TSM-USDTshort | 0.0000% | 8h | 440.36 | +0.214% | $2K | $3.8M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 440.23 | +0.184% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 439.85 | +0.098% | $1.5M | $545K | 10x | as long as short |
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
HTX TSM-USDT
Phemex TSMUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 440.30 | +0.200% | $496K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0040% | 1h | 440.28 | +0.196% | $195K | $726K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.78 | +0.082% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.96 | +0.123% | $10.1M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.05 | +0.143% | $186K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.97 | +0.125% | $133 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.01 | +0.134% | $158K | $27K | 10x | as long as short |
| Binance TSMUSDT | +0.0054% | 8h | 440.38 | +0.219% | $13.0M | $8.3M | 20x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 440.26 | +0.190% | $5K | $215K | 10x | as long as short |
| BloFin TSM-USDT | +0.0062% | 8h | 440.25 | +0.189% | $45K | $113K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.85 | +0.098% | $267K | $416K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.25 | +0.189% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.18 | +0.174% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 440.18 | +0.173% | $209K | $10K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +1.031% | $6K | $38K | 12x | as long as short |
| GRVT TSM_USDT_Perp | +0.0236% | 8h | 440.21 | +0.180% | $9K | $1.3M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0750% | 1h | 440.23 | +0.184% | $4 | $11K | 10x | as long as short |
| edgeX TSMUSDC | +0.0767% | 4h | 440.20 | +0.178% | $47K | $217K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
Extended TSM-USD
BloFin TSM-USDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC