Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Polymarket Perps+0.075%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2652.647% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.075%, 7d avg +0.070%
=The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSM-USD | 440.59 | 0.0050 | pay 0.0006% / 1h | 41m 54s | $193K | $56K | 10x |
| Short | SunX TSM-USDT | 440.92 | 0 | get 0.0000% / 8h | 3h 41m | $2K | $4.3M | 10x |
Polymarket Perps TSM-USD
SunX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Polymarket Perps. 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
- −$10.5
- Price spread: +0.075% → +0.070%
- $0.44
- Slippage, 4 orders
- −$248.72
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$274.78
- Costs to cover
- 2.647%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 10 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 Polymarket Perps live order book, 10 min ago | 2.04 bp | 6.0 bp −$6 | 6.0 bp −$60 | 8.8 bp −$877 | doesn't fit |
| Sell SunX live order book, 6 min ago | 44.88 bp | 126.9 bp −$127 | 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 | −0.0139% | 8h | 440.94 | +0.079% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.19 | +0.135% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.69 | +0.023% | $2.0M | $398K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.85 | +0.059% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.68 | +0.020% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.11 | +0.118% | $546K | $40K | — | as long as short |
| SunX TSM-USDTshort | 0.0000% | 8h | 440.92 | +0.075% | $2K | $4.3M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 441.00 | +0.093% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.99 | +0.091% | $1.5M | $477K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.99 | +0.091% | $497K | $176K | 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 | 440.74 | +0.034% | $223K | $669K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.30 | −0.066% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.47 | −0.027% | $10.2M | $2.1M | 10x | as long as short |
| Polymarket Perps TSM-USDlong | +0.0050% | 1h | 440.59 | long leg | $193K | $56K | 10x | |
| SoDEX TSM-USD | +0.0050% | 1h | 440.40 | −0.043% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.45 | −0.032% | $158K | $22K | 10x | as long as short |
| Binance TSMUSDT | +0.0062% | 8h | 440.84 | +0.056% | $12.9M | $7.4M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.76 | +0.039% | $2K | $195K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0083% | 8h | 441.04 | +0.102% | $13K | $1.2M | 10x | as long as short |
| BloFin TSM-USDT | +0.0088% | 8h | 440.96 | +0.084% | $45K | $99K | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.79 | +0.045% | $368K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.54 | −0.011% | $267K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.65 | +0.014% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.83 | +0.054% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.78 | +0.043% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.60 | +1.137% | $6K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0656% | 4h | 441.11 | +0.119% | $47K | $217K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0817% | 1h | 440.88 | +0.066% | $4 | $24K | 10x | as long as short |
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
BloFin TSM-USDT
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL