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: Gate against SunX−0.057%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2802.804% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.057%, 7d avg −0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 440.28 | 0 | get 0.0000% / 8h | 16m 30s | $2K | $4.1M | 10x |
| Short | Gate TSM_USDT | 440.03 | 0 | get 0.0000% / 8h | 16m 30s | $1.7M | $1.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.057% → −0.053%
- −$0.34
- Slippage, 4 orders
- −$257.38
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$280.72
- Costs to cover
- 2.804%
- Break-even
- never at this rate
Slippage from SunX: live order book, 12 min ago; Gate: live order book, 1 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 | 44.68 bp | 123.1 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.57 bp | 16.6 bp −$17 | 39.3 bp −$393 | 55.6 bp −$5,556 | 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 | −0.0074% | 8h | 439.83 | −0.102% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.10 | −0.041% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.84 | −0.100% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.20 | −0.018% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDTshort | 0.0000% | 8h | 440.03 | −0.057% | $1.7M | $1.1M | 100x | |
| Variational Omni TSM | 0.0000% | 8h | 440.02 | −0.058% | $559K | $38K | — | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 440.28 | long leg | $2K | $4.1M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 440.21 | −0.016% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.76 | +0.109% | $1.5M | $526K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.02 | −0.059% | $495K | $190K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 440.01 | −0.061% | $222K | $725K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.72 | −0.127% | — | $2K | 25x | as long as short |
| BloFin TSM-USDT | +0.0048% | 8h | 440.28 | 0.000% | $45K | $107K | 20x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.69 | −0.134% | $10.1M | $1.8M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.84 | −0.100% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.73 | −0.125% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.64 | −0.145% | $157K | $28K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0056% | 1h | 439.33 | −0.216% | $366K | $97K | 10x | as long as short |
| Binance TSMUSDT | +0.0062% | 8h | 440.23 | −0.011% | $12.9M | $7.9M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.12 | −0.037% | $3K | $221K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0077% | 8h | 440.10 | −0.041% | $15K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.60 | −0.154% | $266K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.19 | −0.020% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.18 | −0.024% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0146% | 1h | 439.98 | −0.068% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.02 | +0.849% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0409% | 1h | 440.08 | −0.045% | $4 | $25K | 10x | as long as short |
| edgeX TSMUSDC | +0.0599% | 4h | 440.13 | −0.035% | $47K | $217K | 10x | as long as short |
SunX TSM-USDT
Gate TSM_USDT
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Variational Omni TSM
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Coinbase International TSM-PERP-INTX
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC