Funding you earn now, next payment 08:00 UTC+0.0439%/8h= +48.1% APRpaid last 24h +0.030%
Price spread now: edgeX against SunX−0.018%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2712.707% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.018%, 7d avg 0.000%
=Together, before fees−0.059%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 441.06 | 0 | get 0.0000% / 8h | 2h 46m | $1K | $4.2M | 10x |
| Short | edgeX TSMUSDC | 440.98 | 0.0439 | get 0.0220% / 4h | 2h 46m | $48K | $217K | 10x |
SunX TSM-USDT
edgeX TSMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $92.28
- Price spread: −0.018% → 0.000%
- −$1.83
- Slippage, 4 orders
- −$253.75
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$180.3
- Costs to cover
- 2.707%
- Break-even
- 20.7 days
Slippage from SunX: live order book, 12 min ago; edgeX: live order book, 65 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, 12 min ago | 45.35 bp | 123.6 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 65 min ago | 5.22 bp | 10.0 bp −$10 | 12.8 bp −$128 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0173% | 8h | 441.02 | −0.009% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.04 | −0.005% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.85 | −0.048% | $2.0M | $396K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.10 | +0.009% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.92 | −0.032% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.03 | −0.007% | $546K | $40K | — | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 441.06 | long leg | $1K | $4.2M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 441.78 | +0.163% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.24 | +0.041% | $1.5M | $495K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 441.03 | −0.007% | $497K | $137K | 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 | 441.09 | +0.007% | $220K | $679K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.74 | −0.073% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.78 | −0.063% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.86 | −0.045% | $192K | $63K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.71 | −0.079% | $134 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.83 | −0.052% | $157K | $23K | 10x | as long as short |
| BloFin TSM-USDT | +0.0053% | 8h | 441.07 | +0.002% | $45K | $102K | 20x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 441.00 | −0.014% | $6K | $196K | 10x | as long as short |
| Binance TSMUSDT | +0.0058% | 8h | 441.13 | +0.016% | $12.9M | $7.6M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0058% | 8h | 440.97 | −0.020% | $9K | $1.3M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 440.03 | −0.234% | $367K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.71 | −0.079% | $267K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.06 | 0.000% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.04 | −0.005% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 441.03 | −0.007% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.50 | +1.007% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0385% | 1h | 441.09 | +0.007% | $97 | $24K | 10x | as long as short |
| edgeX TSMUSDCshort | +0.0439% | 4h | 440.98 | −0.018% | $48K | $217K | 10x |
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL