Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.78 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against SunX+0.007%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2692.693% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.007%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.250%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 440.06 | 0 | get 0.0000% / 8h | 1h 12m | $2K | $4.1M | 10x |
| Short | Binance TSMUSDT | 440.09 | 0.0078 | get 0.0078% / 8h | 1h 12m | $12.9M | $7.9M | 20x |
SunX TSM-USDT
Binance TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $16.42
- Price spread: +0.007% → +0.006%
- $0.11
- Slippage, 4 orders
- −$251.34
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$252.8
- Costs to cover
- 2.693%
- Break-even
- 114.7 days
Slippage from SunX: live order book, 6 min ago; Binance: live order book, 12 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 SunX live order book, 6 min ago | 44.66 bp | 123.0 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.46 bp | 9.4 bp −$9 | 23.3 bp −$233 | 89.7 bp −$8,970 | 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 | −0.0199% | 8h | 440.07 | +0.002% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.97 | −0.021% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.87 | −0.043% | $2.0M | $399K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.91 | −0.034% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.75 | −0.070% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.84 | −0.050% | $558K | $37K | — | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 440.06 | long leg | $2K | $4.1M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 440.00 | −0.014% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.72 | +0.150% | $1.5M | $521K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.07 | +0.002% | $495K | $145K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
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 | 439.82 | −0.055% | $211K | $706K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.53 | −0.120% | — | $2K | 25x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0048% | 1h | 439.33 | −0.166% | $366K | $102K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.46 | −0.136% | $10.2M | $1.7M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.70 | −0.082% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.45 | −0.139% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.79 | −0.061% | $158K | $28K | 10x | as long as short |
| Binance TSMUSDTshort | +0.0078% | 8h | 440.09 | +0.007% | $12.9M | $7.9M | 20x | |
| Extended TSM-USD | +0.0080% | 1h | 439.89 | −0.040% | $3K | $142K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0086% | 8h | 439.80 | −0.059% | $14K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.61 | −0.102% | $267K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.85 | −0.048% | $21 | — | 10x | as long as short |
| BloFin TSM-USDT | +0.0101% | 8h | 440.09 | +0.007% | $45K | $106K | 20x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.98 | −0.018% | $123 | — | 10x | as long as short |
| edgeX TSMUSDC | +0.0118% | 4h | 439.87 | −0.044% | $47K | $218K | 10x | as long as short |
| Phoenix TSM | +0.0164% | 1h | 439.69 | −0.084% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.27 | +0.957% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0774% | 1h | 439.91 | −0.034% | $4 | $25K | 10x | as long as short |
Lighter RH TSM
Vest TSM-USD-PERP
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
BloFin TSM-USDT
Aevo TSM-PERP
edgeX TSMUSDC
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL