Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.013%
Price spread now: OKX against Extended+0.007%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 3 days (all we have)+0.022%+$2 · spread now +0.007%, 7d avg −0.021%
=Together, before fees−0.019%+ Points / potential airdropExtended: Active · farm board−$2 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: OKX is 0.027% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TSM-USD | 445.29 | 0 | get 0.0000% / 1h | 23m 08s | $2K | $167K | 10x |
| Short | OKX TSM-USDT-SWAP | 445.32 | 0 | get 0.0000% / 8h | 4h 23m | $4.0M | $3.0M | 20x |
Extended TSM-USD
OKX TSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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: +0.007% → −0.021%
- $2.72
- Slippage, 4 orders
- −$20.96
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$33.24
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Extended: live order book, 7 min ago; OKX: live order book, 4 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 Extended live order book, 7 min ago | 1.68 bp | 9.5 bp −$10 | 117.9 bp −$1,179 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.79 bp | 8.6 bp −$9 | 18.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0242% | 4h | 445.51 | +0.050% | $48K | $215K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0040% | 1h | 444.71 | −0.130% | $358K | $89K | 10x | as long as short |
| BloFin TSM-USDT | −0.0011% | 8h | 445.35 | +0.013% | $45K | $100K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 445.29 | −0.001% | $82K | $1K | 20x | as long as short |
| Extended TSM-USDlong | 0.0000% | 1h | 445.29 | long leg | $2K | $167K | 10x | |
| Binance TSMUSDT | 0.0000% | 8h | 445.33 | +0.009% | $13.1M | $6.5M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 445.19 | −0.023% | $2.0M | $378K | 50x | as long as short |
| OKX TSM-USDT-SWAPshort | 0.0000% | 8h | 445.32 | +0.007% | $4.0M | $3.0M | 20x | |
| Gate TSM_USDT | 0.0000% | 8h | 445.14 | −0.034% | $1.7M | $884K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 445.48 | +0.042% | $557K | $81K | — | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Aster TSMUSDT
Binance TSMUSDT
Bybit TSMUSDT
Gate TSM_USDT
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 | 445.49 | +0.045% | $10K | $895K | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 445.37 | +0.018% | $1K | $5.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 445.19 | −0.023% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.81 | −0.108% | $1.5M | $439K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 445.54 | +0.056% | $206K | $671K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 445.25 | −0.009% | — | — | 25x | as long as short |
| Bitget TSMUSDT | +0.0049% | 8h | 445.14 | −0.034% | $1.6M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 445.11 | −0.041% | $10.3M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 445.14 | −0.034% | $188K | $82K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 445.10 | −0.043% | $151 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 444.96 | −0.074% | $158K | $18K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 445.05 | −0.054% | $273K | $318K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 445.41 | +0.027% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 445.42 | +0.029% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0162% | 1h | 445.44 | +0.033% | $217K | $5K | 10x | as long as short |
| Lighter TSM | +0.0208% | 1h | 445.96 | +0.150% | $504K | $154K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.01 | +1.060% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0334% | 1h | 445.39 | +0.022% | $4 | $61K | 10x | as long as short |
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter RH TSM
Vest TSM-USD-PERP
Bitget TSMUSDT
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Lighter TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL