Settings8H · net · $10k
Funding arb · Price arb /

TSM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: SunX against Bitget+0.029%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2752.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.029%, 7d avg −0.022%
Together, before fees−0.118%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.051% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TSMUSDT441.490get 0.0000% / 8h4h 39m$1.7M$1.4M20x
ShortSunX TSM-USDT441.620get 0.0000% / 8h4h 39m$1K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.029% → −0.022%
$5.12
Slippage, 4 orders
−$254.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$269.47
Costs to cover
2.746%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; SunX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago4.87 bp12.5 bp −$1221.7 bp −$21755.0 bp −$5,498doesn't fit
Sell SunX live order book, 9 min ago44.65 bp126.7 bp −$127doesn't fitdoesn't fitdoesn't fit

TSM on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TSMUSDT0.0000%8h441.62+0.030%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h441.21−0.063%$2.0M$395K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h441.44−0.011%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h441.24−0.057%$1.7M$1.0M100xas long as short
Bitget TSMUSDTlong0.0000%8h441.49long leg$1.7M$1.4M20x
Variational Omni TSM0.0000%8h441.51+0.005%$547K$40Kas long as short
SunX TSM-USDTshort0.0000%8h441.62+0.029%$1K$4.3M10x
HTX TSM-USDT0.0000%8h441.41−0.018%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h441.93+0.100%$1.5M$461K10xas long as short
Lighter TSM+0.0032%1h441.62+0.029%$497K$175K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h441.34−0.034%$220K$642K10xas long as short
Vest TSM-USD-PERP+0.0046%1h441.18−0.070%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h441.02−0.106%$10.2M$2.2M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h441.28−0.048%$194K$52K10xas long as short
SoDEX TSM-USD+0.0050%1h441.20−0.066%$137$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.37−0.254%$158K$23K10xas long as short
BloFin TSM-USDT+0.0051%8h441.60+0.025%$45K$99K20xas long as short
Extended TSM-USD+0.0064%1h441.28−0.048%$1K$190K10xas long as short
Binance TSMUSDT+0.0065%8h441.39−0.023%$13.0M$7.1M20xas long as short
KuCoin TSMUSDTM+0.0100%8h441.05−0.100%$268K$317K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h441.52+0.007%$2110xas long as short
Aevo TSM-PERP+0.0104%1h441.53+0.009%$12410xas long as short
Coinbase International TSM-PERP-INTX+0.0120%1h440.79−0.159%$368K$102K10xas long as short
GRVT TSM_USDT_Perp+0.0123%8h441.98+0.111%$16K$1.2M10xas long as short
Phoenix TSM+0.0199%1h441.34−0.034%$215K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.69+1.404%$7K$38K12xas long as short
edgeX TSMUSDC+0.0227%4h441.29−0.046%$47K$215K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0430%1h441.51+0.005%$4$24K10xas long as short