Funding you earn now, next payment 07:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against OKX−0.043%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.043%, 7d avg −0.036%
=The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TSM-USDT-SWAP | 439.77 | 0 | get 0.0000% / 8h | 1h 51m | $4.0M | $2.6M | 20x |
| Short | Polymarket Perps TSM-USD | 439.58 | 0.0056 | get 0.0007% / 1h | 51m 56s | $192K | $63K | 10x |
OKX TSM-USDT-SWAP
Polymarket Perps TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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
- $11.69
- Price spread: −0.043% → −0.036%
- −$0.76
- Slippage, 4 orders
- −$16.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.11
- Costs to cover
- 0.340%
- Break-even
- 20.8 days
Slippage from OKX: live order book, just now; Polymarket Perps: live order book, 55 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 OKX live order book, just now | 0.68 bp | 8.2 bp −$8 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 55 min ago | 3.40 bp | 7.4 bp −$7 | 8.1 bp −$81 | 10.1 bp −$1,014 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0182% | 8h | 440.36 | +0.134% | $1.7M | $1.5M | 20x | as long as short |
| edgeX TSMUSDC | −0.0104% | 4h | 440.03 | +0.058% | $47K | $216K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.06 | +0.065% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.74 | −0.007% | $2.0M | $396K | 50x | as long as short |
| OKX TSM-USDT-SWAPlong | 0.0000% | 8h | 439.77 | long leg | $4.0M | $2.6M | 20x | |
| Gate TSM_USDT | 0.0000% | 8h | 439.69 | −0.018% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.02 | +0.056% | $557K | $36K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.91 | +0.032% | $2K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.96 | +0.043% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.67 | +0.205% | $1.5M | $515K | 10x | as long as short |
Bitget TSMUSDT
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 440.08 | +0.070% | $495K | $137K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.76 | −0.002% | $224K | $684K | 10x | as long as short |
| BloFin TSM-USDT | +0.0043% | 8h | 439.95 | +0.041% | $45K | $105K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.30 | −0.107% | — | $1K | 25x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0048% | 1h | 439.33 | −0.100% | $366K | $102K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.44 | −0.075% | $10.2M | $1.8M | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.42 | −0.080% | $134 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.36 | −0.093% | $157K | $27K | 10x | as long as short |
| Polymarket Perps TSM-USDshort | +0.0056% | 1h | 439.58 | −0.043% | $192K | $63K | 10x | |
| Extended TSM-USD | +0.0064% | 1h | 439.81 | +0.009% | $5K | $179K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0065% | 8h | 440.08 | +0.070% | $16K | $1.3M | 10x | as long as short |
| Binance TSMUSDT | +0.0066% | 8h | 439.93 | +0.037% | $12.9M | $7.9M | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.61 | −0.036% | $266K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.82 | +0.011% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.87 | +0.022% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0164% | 1h | 439.71 | −0.014% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.31 | +1.260% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0455% | 1h | 439.79 | +0.005% | $97 | $25K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
GRVT TSM_USDT_Perp
Binance TSMUSDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL