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

TSM

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.011%
Price spread now: SunX against Extended+0.034%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2692.687% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.034%, 7d avg +0.018%
Together, before fees−0.096%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TSM-USD440.860.0064pay 0.0008% / 1h44m 08s$2K$200K10x
ShortSunX TSM-USDT441.010get 0.0000% / 8h3h 44m$2K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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
−$13.44
Price spread: +0.034% → +0.018%
$1.67
Slippage, 4 orders
−$255.69
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$280.46
Costs to cover
2.687%
Break-even
never at this rate
Slippage from Extended: live order book, 7 min ago; SunX: live order book, 4 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 Extended live order book, 7 min ago1.48 bp9.3 bp −$9119.8 bp −$1,198doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago44.88 bp126.9 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
Bitget TSMUSDT−0.0130%8h440.97+0.025%$1.8M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h441.43+0.130%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h440.80−0.013%$2.0M$398K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.97+0.025%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h440.76−0.022%$1.7M$1.0M100xas long as short
Variational Omni TSM0.0000%8h441.11+0.056%$546K$40Kas long as short
SunX TSM-USDTshort0.0000%8h441.01+0.034%$2K$4.3M10x
HTX TSM-USDT0.0000%8h441.00+0.032%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h441.04+0.041%$1.5M$477K10xas long as short
Lighter TSM+0.0032%1h441.06+0.046%$497K$176K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h440.84−0.004%$231K$654K10xas long as short
Vest TSM-USD-PERP+0.0046%1h440.46−0.090%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h440.52−0.077%$10.2M$2.1M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h440.76−0.022%$193K$56K10xas long as short
SoDEX TSM-USD+0.0050%1h440.53−0.075%$140$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.56−0.068%$158K$22K10xas long as short
Binance TSMUSDT+0.0063%8h440.97+0.026%$12.9M$7.3M20xas long as short
Extended TSM-USDlong+0.0064%1h440.86long leg$2K$200K10x
BloFin TSM-USDT+0.0066%8h440.94+0.018%$45K$99K20xas long as short
GRVT TSM_USDT_Perp+0.0085%8h440.88+0.004%$13K$1.2M10xas long as short
Coinbase International TSM-PERP-INTX+0.0088%1h440.79−0.016%$368K$102K10xas long as short
KuCoin TSMUSDTM+0.0100%8h440.75−0.025%$268K$310K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.93+0.016%$2110xas long as short
Aevo TSM-PERP+0.0104%1h440.94+0.019%$12310xas long as short
Phoenix TSM+0.0199%1h440.78−0.018%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h445.91+1.146%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0431%1h440.85−0.002%$4$24K10xas long as short
edgeX TSMUSDC+0.0656%4h441.11+0.058%$47K$217K10xas long as short