Funding you earn now, next payment 08:00 UTC+0.0378%/8h= +41.4% APRpaid last 24h +0.015%
Price spread now: edgeX against SoDEX+0.077%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.077% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX TSM-USD | 439.74 | 0.0050 | pay 0.0006% / 1h | 6m 48s | $135 | $3K | 10x |
| Short | edgeX TSMUSDC | 440.08 | 0.0428 | get 0.0214% / 4h | 6m 48s | $47K | $216K | 10x |
SoDEX TSM-USD
edgeX TSMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SoDEX. 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
- $79.31
- Price spread: +0.077% → 0.000%
- $7.71
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $70.02
- Costs to cover
- 0.170%
- Break-even
- 0.8 days
Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 30 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 30 min ago | 5.80 bp | 10.5 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
SoDEX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0031% | 8h | 440.06 | +0.073% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.13 | +0.088% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.97 | +0.052% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.13 | +0.089% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.95 | +0.048% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.07 | +0.075% | $559K | $38K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.11 | +0.084% | $1K | $4.0M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.16 | +0.096% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.63 | +0.202% | $1.5M | $522K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.00 | +0.059% | $495K | $190K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 439.92 | +0.041% | $222K | $725K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.78 | +0.009% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.76 | +0.005% | $10.1M | $1.8M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.84 | +0.023% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USDlong | +0.0050% | 1h | 439.74 | long leg | $135 | $3K | 10x | |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.92 | +0.041% | $157K | $28K | 10x | as long as short |
| Binance TSMUSDT | +0.0056% | 8h | 440.11 | +0.084% | $12.9M | $7.9M | 20x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 440.02 | +0.063% | $3K | $219K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0056% | 1h | 439.33 | −0.093% | $366K | $97K | 10x | as long as short |
| BloFin TSM-USDT | +0.0068% | 8h | 440.11 | +0.084% | $45K | $107K | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0075% | 8h | 440.18 | +0.101% | $15K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.84 | +0.023% | $267K | $314K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.09 | +0.080% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.00 | +0.059% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0146% | 1h | 440.07 | +0.075% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.02 | +0.973% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0341% | 1h | 440.07 | +0.075% | $4 | $25K | 10x | as long as short |
| edgeX TSMUSDCshort | +0.0428% | 4h | 440.08 | +0.077% | $47K | $216K | 10x |
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
Extended TSM-USD
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL