Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Extended against Binance−0.023%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 2 days (all we have)−0.006%−$1 · spread now −0.023%, 7d avg −0.023%
=Together, before fees+0.280%+ Points / potential airdropExtended: Active · farm board+$28 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSMUSDT | 447.20 | 0 | get 0.0000% / 8h | 7h 01m | $13.2M | $7.0M | 20x |
| Short | Extended TSM-USD | 447.10 | 0 | get 0.0000% / 1h | 1m 52s | $5K | $204K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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: −0.023% → −0.023%
- −$0.05
- Slippage, 4 orders
- −$21.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$36.65
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Extended: 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 Binance live order book, 8 min ago | 0.11 bp | 9.7 bp −$10 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.45 bp | 8.1 bp −$8 | 68.9 bp −$689 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 447.30 | +0.022% | $359K | $100K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 447.17 | −0.007% | $82K | $1K | 20x | as long as short |
| Extended TSM-USDshort | 0.0000% | 1h | 447.10 | −0.023% | $5K | $204K | 10x | |
| Binance TSMUSDTlong | 0.0000% | 8h | 447.20 | long leg | $13.2M | $7.0M | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 446.94 | −0.058% | $2.0M | $413K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.16 | −0.009% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.01 | −0.042% | $1.7M | $930K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.45 | +0.056% | $554K | $82K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 447.18 | −0.004% | $2K | $4.9M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 447.29 | +0.020% | $9K | $9K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 447.25 | +0.011% | $1.5M | $455K | 10x | as long as short |
| Bitget TSMUSDT | +0.0004% | 8h | 447.37 | +0.038% | $1.6M | $1.4M | 20x | as long as short |
| BloFin TSM-USDT | +0.0018% | 8h | 447.29 | +0.020% | $45K | $100K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.23 | +0.007% | $229K | $657K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.01 | −0.042% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 446.85 | −0.078% | $10.3M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.04 | −0.036% | $198K | $42K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 446.90 | −0.067% | $146 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 447.27 | +0.016% | $158K | $22K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0065% | 8h | 447.55 | +0.079% | $13K | $1.1M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 446.97 | −0.051% | $271K | $314K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.11 | −0.020% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.21 | +0.003% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.42 | +0.049% | $218K | $5K | 10x | as long as short |
| edgeX TSMUSDC | +0.0217% | 4h | 447.45 | +0.055% | $48K | $216K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 452.09 | +1.093% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0265% | 1h | 447.09 | −0.025% | $98 | $32K | 10x | as long as short |
| Lighter TSM | +0.0320% | 1h | 447.89 | +0.154% | $505K | $167K | 10x | as long as short |
Binance TSMUSDT
Extended TSM-USD
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Bitget TSMUSDT
BloFin TSM-USDT
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Phoenix TSM
edgeX TSMUSDC
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
Lighter TSM