Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX−0.076%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2812.811% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.067%+$7 · spread now −0.076%, 7d avg −0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.020% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 447.37 | 0 | get 0.0000% / 8h | 7h 50m | $1K | $5.0M | 10x |
| Short | Gate TSM_USDT | 447.03 | 0 | get 0.0000% / 8h | 7h 50m | $1.7M | $890K | 100x |
SunX TSM-USDT
Gate TSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.076% → −0.056%
- −$2.02
- Slippage, 4 orders
- −$258.11
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$283.13
- Costs to cover
- 2.811%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; Gate: live order book, 2 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, 8 min ago | 45.20 bp | 123.4 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.13 bp | 11.2 bp −$11 | 34.7 bp −$347 | 46.9 bp −$4,688 | 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 | −0.0169% | 4h | 447.25 | −0.028% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | −0.094% | $358K | $103K | 10x | as long as short |
| BloFin TSM-USDT | −0.0019% | 8h | 447.43 | +0.013% | $44K | $102K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 447.28 | −0.021% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 447.31 | −0.014% | $4K | $169K | 10x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.14 | −0.051% | $2.0M | $411K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.35 | −0.004% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDTshort | 0.0000% | 8h | 447.03 | −0.076% | $1.7M | $890K | 100x | |
| Bitget TSMUSDT | 0.0000% | 8h | 447.25 | −0.027% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.32 | −0.011% | $554K | $84K | — | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Aster TSMUSDT
Extended TSM-USD
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Bitget TSMUSDT
Variational Omni TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 447.28 | −0.020% | $9K | $1.1M | 10x | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 447.37 | long leg | $1K | $5.0M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 447.30 | −0.016% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.45 | +0.018% | $1.5M | $452K | 10x | as long as short |
| Binance TSMUSDT | +0.0003% | 8h | 447.39 | +0.004% | $13.2M | $6.9M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.45 | +0.018% | $233K | $619K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.25 | −0.027% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.12 | −0.056% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.08 | −0.065% | $197K | $41K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 446.98 | −0.087% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 447.09 | −0.063% | $159K | $19K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0063% | 1h | 447.23 | −0.031% | $4 | $32K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 447.17 | −0.045% | $271K | $312K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.33 | −0.009% | $21 | — | 10x | as long as short |
| Lighter TSM | +0.0104% | 1h | 447.81 | +0.098% | $505K | $166K | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.29 | −0.017% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.20 | −0.038% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 451.76 | +0.981% | $7K | $38K | 12x | as long as short |
GRVT TSM_USDT_Perp
HTX TSM-USDT
Phemex TSMUSDT
Binance TSMUSDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Deribit TSM_USDC-PERPETUAL
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Lighter TSM
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP