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: SunX against OKX+0.016%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2672.665% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.016%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TSM-USDT-SWAP | 441.97 | 0 | get 0.0000% / 8h | 4h 05m | $4.0M | $2.5M | 20x |
| Short | SunX TSM-USDT | 442.04 | 0 | get 0.0000% / 8h | 4h 05m | $2K | $4.3M | 10x |
OKX TSM-USDT-SWAP
SunX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0
- Price spread: +0.016% → +0.039%
- −$2.28
- Slippage, 4 orders
- −$248.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$268.8
- Costs to cover
- 2.665%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; SunX: live order book, 3 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, 2 min ago | 0.79 bp | 8.1 bp −$8 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 44.67 bp | 126.8 bp −$127 | doesn't fit | 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 | −0.0631% | 4h | 441.78 | −0.042% | $48K | $216K | 10x | as long as short |
| Bitget TSMUSDT | −0.0077% | 8h | 441.96 | −0.002% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 442.26 | +0.065% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.70 | −0.061% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAPlong | 0.0000% | 8h | 441.97 | long leg | $4.0M | $2.5M | 20x | |
| Gate TSM_USDT | 0.0000% | 8h | 441.81 | −0.036% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.96 | −0.002% | $547K | $40K | — | as long as short |
| SunX TSM-USDTshort | 0.0000% | 8h | 442.04 | +0.016% | $2K | $4.3M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 441.89 | −0.018% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 442.05 | +0.018% | $1.5M | $473K | 10x | as long as short |
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
Gate TSM_USDT
Variational Omni TSM
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 | 442.07 | +0.023% | $498K | $176K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.88 | −0.020% | $223K | $646K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 441.65 | −0.072% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.67 | −0.068% | $10.2M | $2.2M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.76 | −0.048% | $192K | $55K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.54 | −0.097% | $139 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.78 | −0.043% | $158K | $23K | 10x | as long as short |
| Extended TSM-USD | +0.0072% | 1h | 441.95 | −0.004% | $6K | $195K | 10x | as long as short |
| Binance TSMUSDT | +0.0075% | 8h | 442.03 | +0.013% | $13.0M | $7.3M | 20x | as long as short |
| BloFin TSM-USDT | +0.0089% | 8h | 442.19 | +0.050% | $45K | $100K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.66 | −0.070% | $268K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.98 | +0.002% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.97 | +0.001% | $124 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0107% | 8h | 441.95 | −0.004% | $10K | $1.2M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0120% | 1h | 440.79 | −0.267% | $368K | $102K | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 441.79 | −0.041% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.69 | +1.294% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0724% | 1h | 441.94 | −0.007% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL