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: Bitget against Gate+0.070%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.070%, 7d avg +0.068%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TSM_USDT | 443.40 | 0 | get 0.0000% / 8h | 5h 56m | $1.7M | $910K | 100x |
| Short | Bitget TSMUSDT | 443.71 | 0 | get 0.0000% / 8h | 5h 56m | $1.7M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: +0.070% → +0.068%
- $0.21
- Slippage, 4 orders
- −$32.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.62
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Bitget: 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 Gate live order book, 1 min ago | 0.11 bp | 14.8 bp −$15 | 105.4 bp −$1,054 | 147.0 bp −$14.7K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.59 bp | 12.5 bp −$12 | 23.3 bp −$233 | doesn't fit | doesn't fit |
TSM on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDT | 0.0000% | 8h | 443.82 | +0.096% | $81K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 443.38 | −0.005% | $2.0M | $391K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 443.62 | +0.050% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDTlong | 0.0000% | 8h | 443.40 | long leg | $1.7M | $910K | 100x | |
| Bitget TSMUSDTshort | 0.0000% | 8h | 443.71 | +0.070% | $1.7M | $1.4M | 20x | |
| Variational Omni TSM | 0.0000% | 8h | 443.52 | +0.026% | $549K | $61K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 443.45 | +0.011% | $2K | $4.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 443.27 | −0.029% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 443.78 | +0.086% | $1.5M | $442K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 443.49 | +0.020% | $222K | $644K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest TSM-USD-PERP | +0.0046% | 1h | 442.87 | −0.120% | — | $583 | 25x | as long as short |
| Binance TSMUSDT | +0.0047% | 8h | 443.65 | +0.056% | $13.0M | $6.8M | 20x | as long as short |
| Extended TSM-USD | +0.0048% | 1h | 443.55 | +0.033% | $4K | $195K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.30 | −0.023% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 443.20 | −0.045% | $196K | $51K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 442.97 | −0.097% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 443.02 | −0.086% | $159K | $23K | 10x | as long as short |
| edgeX TSMUSDC | +0.0066% | 4h | 443.52 | +0.027% | $48K | $217K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 443.22 | −0.041% | $269K | $319K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 443.50 | +0.023% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 443.56 | +0.036% | $124 | — | 10x | as long as short |
| Lighter TSM | +0.0136% | 1h | 443.98 | +0.131% | $501K | $173K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0152% | 1h | 443.28 | −0.027% | $370K | $107K | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 443.14 | −0.059% | $216K | $5K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0200% | 8h | 443.19 | −0.047% | $8K | $1.1M | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.81 | +0.995% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0585% | 1h | 443.41 | +0.002% | $4 | $24K | 10x | as long as short |
Gate TSM_USDT
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter RH TSM
Binance TSMUSDT
Extended TSM-USD
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
edgeX TSMUSDC
KuCoin TSMUSDTM
Lighter TSM
Coinbase International TSM-PERP-INTX
Phoenix TSM
GRVT TSM_USDT_Perp
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL