TSM

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%

Price spread now: Binance against Extended+0.020%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$360.364% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.280%−$28 on $10k

Price spread, last 2 days (all we have)+0.009%+$1 · spread now +0.020%, 7d avg +0.024%

Together, before fees−0.271%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TSM-USD	445.32	0	get 0.0000% / 1h	45m 52s	$2K	$167K	10x
Short	Binance TSMUSDT	445.41	0	get 0.0000% / 8h	1h 45m	$13.1M	$6.9M	20x

Funding history

latest

Range statsloading…

Binance against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ExtendedbpFee BinancebpOrdersPrice spread, now +0.020%Rate

Slippage from Extended: live order book, 35 min ago; Binance: live order book, 9 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 35 min ago	1.46 bp	9.2 bp −$9	126.0 bp −$1,260	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.11 bp	8.6 bp −$9	21.8 bp −$218	doesn't fit	doesn't fit

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
BloFin TSM-USDT	0.0000%	8h	445.46	+0.031%	$44K	$104K	20x	as long as short
Aster TSMUSDT	0.0000%	8h	445.29	−0.006%	$82K	$1K	20x	as long as short
Extended TSM-USDlong	0.0000%	1h	445.32	long leg	$2K	$167K	10x
Binance TSMUSDTshort	0.0000%	8h	445.41	+0.020%	$13.1M	$6.9M	20x
Bybit TSMUSDT	0.0000%	8h	445.11	−0.047%	$2.0M	$420K	50x	as long as short
OKX TSM-USDT-SWAP	0.0000%	8h	445.41	+0.020%	$4.0M	$3.1M	20x	as long as short
Gate TSM_USDT	0.0000%	8h	445.15	−0.038%	$1.7M	$919K	100x	as long as short
Bitget TSMUSDT	0.0000%	8h	445.25	−0.016%	$1.6M	$1.5M	20x	as long as short
Variational Omni TSM	0.0000%	8h	445.30	−0.004%	$551K	$85K	—	as long as short
GRVT TSM_USDT_Perp	0.0000%	8h	445.35	+0.007%	$7K	$1.1M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TSM-USDT	0.0000%	8h	445.30	−0.005%	$1K	$5.4M	10x	as long as short
HTX TSM-USDT	0.0000%	8h	445.04	−0.063%	$9K	$9K	20x	as long as short
Phemex TSMUSDT	0.0000%	8h	444.99	−0.074%	$1.5M	$467K	10x	as long as short
Coinbase International TSM-PERP-INTX	+0.0008%	1h	444.60	−0.162%	$356K	$96K	10x	as long as short
Lighter RH TSM	+0.0032%	1h	445.37	+0.011%	$224K	$597K	10x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	444.99	−0.074%	—	—	25x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	445.00	−0.072%	$10.3M	$2.6M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	445.18	−0.032%	$195K	$89K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	444.98	−0.076%	$147	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	444.88	−0.099%	$159K	$22K	10x	as long as short
KuCoin TSMUSDTM	+0.0100%	8h	445.02	−0.068%	$269K	$340K	20x	as long as short
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	445.32	0.000%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	445.36	+0.008%	$125	—	10x	as long as short
Phoenix TSM	+0.0162%	1h	445.39	+0.016%	$217K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	449.91	+1.031%	$7K	$38K	12x	as long as short
edgeX TSMUSDC	+0.0537%	4h	445.31	−0.003%	$48K	$215K	10x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0537%	1h	445.27	−0.011%	$4	$61K	10x	as long as short
Lighter TSM	+0.0648%	1h	446.02	+0.157%	$503K	$160K	10x	as long as short