TSM

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 0.000%

Price spread now: Bybit against Gate+0.014%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$700.699% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days+0.015%+$1 · spread now +0.014%, 7d avg +0.022%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TSM_USDT	443.42	0	get 0.0000% / 8h	5h 55m	$1.7M	$912K	100x
Short	Bybit TSMUSDT	443.48	0	get 0.0000% / 8h	5h 55m	$2.0M	$391K	50x

Funding history

latest

Range statsloading…

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.014%Rate

Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 2 min ago.

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, 3 min ago	0.11 bp	14.8 bp −$15	105.4 bp −$1,054	147.0 bp −$14.7K	doesn't fit
Sell Bybit live order book, 2 min ago	2.26 bp	13.5 bp −$13	56.8 bp −$568	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
Aster TSMUSDT	0.0000%	8h	443.79	+0.083%	$81K	$1K	20x	as long as short
Bybit TSMUSDTshort	0.0000%	8h	443.48	+0.014%	$2.0M	$391K	50x
OKX TSM-USDT-SWAP	0.0000%	8h	443.75	+0.074%	$4.0M	$2.4M	20x	as long as short
Gate TSM_USDTlong	0.0000%	8h	443.42	long leg	$1.7M	$912K	100x
Bitget TSMUSDT	0.0000%	8h	443.64	+0.050%	$1.7M	$1.4M	20x	as long as short
Variational Omni TSM	0.0000%	8h	443.57	+0.034%	$549K	$61K	—	as long as short
SunX TSM-USDT	0.0000%	8h	443.66	+0.054%	$2K	$4.4M	10x	as long as short
HTX TSM-USDT	0.0000%	8h	443.46	+0.009%	$9K	$9K	20x	as long as short
Phemex TSMUSDT	0.0000%	8h	443.71	+0.065%	$1.5M	$442K	10x	as long as short
Lighter RH TSM	+0.0032%	1h	443.56	+0.032%	$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	443.04	−0.086%	—	$583	25x	as long as short
Binance TSMUSDT	+0.0048%	8h	443.67	+0.057%	$13.0M	$6.8M	20x	as long as short
Extended TSM-USD	+0.0048%	1h	443.50	+0.019%	$1K	$197K	10x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	443.31	−0.025%	$10.2M	$2.3M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	443.27	−0.034%	$196K	$51K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	443.19	−0.052%	$137	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	443.06	−0.081%	$159K	$23K	10x	as long as short
Lighter TSM	+0.0080%	1h	443.88	+0.104%	$501K	$173K	10x	as long as short
KuCoin TSMUSDTM	+0.0100%	8h	443.17	−0.056%	$268K	$319K	20x	as long as short
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	443.43	+0.002%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	443.58	+0.035%	$124	—	10x	as long as short
Coinbase International TSM-PERP-INTX	+0.0152%	1h	443.28	−0.032%	$370K	$107K	10x	as long as short
Phoenix TSM	+0.0179%	1h	443.63	+0.047%	$216K	$5K	10x	as long as short
GRVT TSM_USDT_Perp	+0.0196%	8h	443.61	+0.043%	$8K	$1.1M	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	447.81	+0.990%	$7K	$38K	12x	as long as short
edgeX TSMUSDC	+0.0294%	4h	443.34	−0.017%	$48K	$215K	10x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0359%	1h	443.47	+0.011%	$4	$24K	10x	as long as short