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

TSM

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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: KuCoin against Orderly−0.078%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.078% cheaper against Orderly than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TSM_USDC_mythos447.480.0100pay 0.0100% / 8h7h 45m$2110x
ShortKuCoin TSMUSDTM447.130.0100get 0.0100% / 8h7h 45m$272K$313K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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
$0
Price spread: −0.078% → 0.000%
−$7.82
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.82
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell KuCoin live order book, 5 min ago16.89 bp53.4 bp −$53doesn't fitdoesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Coinbase International TSM-PERP-INTX−0.0024%1h446.95−0.118%$358K$103K10xas long as short
BloFin TSM-USDT−0.0009%8h447.75+0.060%$44K$102K20xas long as short
Aster TSMUSDT0.0000%8h447.54+0.013%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h447.46−0.005%$4K$169K10xas long as short
Bybit TSMUSDT0.0000%8h447.36−0.027%$2.0M$409K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h447.65+0.038%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h447.26−0.049%$1.7M$900K100xas long as short
Variational Omni TSM0.0000%8h447.57+0.019%$555K$84Kas long as short
GRVT TSM_USDT_Perp0.0000%8h447.46−0.004%$9K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h447.56+0.018%$2K$5.0M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TSM_USDC-PERPETUAL0.0000%1h447.58+0.022%$4$32K10xas long as short
HTX TSM-USDT0.0000%8h447.55+0.016%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h447.57+0.020%$1.5M$452K10xas long as short
Binance TSMUSDT0.0000%8h447.52+0.009%$13.2M$6.9M20xas long as short
Bitget TSMUSDT+0.0006%8h447.45−0.007%$1.6M$1.4M20xas long as short
Lighter RH TSM+0.0032%1h447.60+0.027%$232K$635K10xas long as short
Vest TSM-USD-PERP+0.0046%1h447.51+0.007%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h447.35−0.029%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.33−0.034%$197K$41K10xas long as short
SoDEX TSM-USD+0.0050%1h447.17−0.069%$143$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h447.13−0.078%$158K$20K10xas long as short
Lighter TSM+0.0088%1h448.09+0.136%$506K$166K10xas long as short
KuCoin TSMUSDTMshort+0.0100%8h447.13−0.078%$272K$313K20x
Orderly PERP_TSM_USDC_mythoslong+0.0100%8h447.48long leg$2110x
Aevo TSM-PERP+0.0104%1h447.57+0.021%$12510xas long as short
Phoenix TSM+0.0179%1h447.42−0.013%$218K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h451.76+0.956%$7K$38K12xas long as short
edgeX TSMUSDC+0.0972%4h447.65+0.037%$48K$216K10xas long as short