Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against SunX−0.005%7-day average −0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.005%, 7d avg −0.072%
=Together, before fees+0.050%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.068% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 441.78 | 0 | get 0.0000% / 8h | 4h 44m | $1K | $3.7M | 10x |
| Short | Ondo Perps TSM-USD.P | 441.76 | 0.0050 | get 0.0006% / 1h | 44m 34s | $160K | $36K | 10x |
SunX TSM-USDT
Ondo Perps TSM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: −0.005% → −0.072%
- $6.77
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $4.36
- Costs to cover
- 0.130%
- Break-even
- 4.1 days
Slippage unknown: SunX: live order book, 7 min ago; Ondo Perps: no order-book sample. 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 SunX live order book, 7 min ago | 45.24 bp | 123.5 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0465% | 4h | 441.58 | −0.046% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0080% | 1h | 440.89 | −0.201% | $372K | $109K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.81 | +0.008% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.38 | −0.091% | $2.0M | $398K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.71 | −0.016% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.48 | −0.068% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 441.71 | −0.016% | $1.8M | $1.5M | 20x | as long as short |
| SunX TSM-USDTlong | 0.0000% | 8h | 441.78 | long leg | $1K | $3.7M | 10x | |
| HTX TSM-USDT | 0.0000% | 8h | 441.68 | −0.023% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.28 | −0.113% | $1.5M | $573K | 10x | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 441.73 | −0.011% | $497K | $139K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 446.84 | +1.145% | $7K | $38K | 12x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 441.30 | −0.109% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.28 | −0.113% | $10.1M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.43 | −0.079% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.24 | −0.122% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 441.76 | −0.005% | $160K | $36K | 10x | |
| Variational Omni TSM | +0.0067% | 8h | 441.60 | −0.041% | $550K | $47K | — | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.33 | −0.102% | $268K | $506K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.66 | −0.027% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.49 | −0.066% | $124 | — | 10x | as long as short |
| BloFin TSM-USDT | +0.0135% | 8h | 441.66 | −0.027% | $46K | $121K | 20x | as long as short |
| Extended TSM-USD | +0.0136% | 1h | 441.68 | −0.022% | $6K | $222K | 10x | as long as short |
| Binance TSMUSDT | +0.0139% | 8h | 441.78 | 0.000% | $13.2M | $8.9M | 20x | as long as short |
| Lighter RH TSM | +0.0160% | 1h | 441.79 | +0.002% | $200K | $564K | 10x | as long as short |
| Phoenix TSM | +0.0217% | 1h | 441.76 | −0.005% | $206K | $14K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0335% | 8h | 441.60 | −0.041% | $13K | $1.4M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.1065% | 1h | 441.67 | −0.025% | $88 | $9K | 10x | as long as short |
Lighter TSM
Injective TSM/USDC PERP
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Variational Omni TSM
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
Lighter RH TSM
Phoenix TSM
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL