TSM

Alert: funding

Alert: spread

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: Phemex against SunX+0.007%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$318as in the Funding arb table

Net, price: spread back to 7d avg − costs−$319as in the Price arb table

costs, in and out, $10k−$3183.181% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.007%, 7d avg +0.015%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TSM-USDT	440.78	0	get 0.0000% / 8h	3h 16m	$1K	$4.2M	10x
Short	Phemex TSMUSDT	440.81	0	get 0.0000% / 8h	3h 16m	$1.5M	$486K	10x

Funding history

latest

Range statsloading…

Phemex against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee SunXbpFee PhemexbpOrdersPrice spread, now +0.007%Rate

Slippage from SunX: live order book, 12 min ago; Phemex: live order book, 2 min ago.

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	44.87 bp	123.1 bp −$123	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	1.48 bp	31.1 bp −$31	doesn't fit	doesn't fit	doesn't fit

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	−0.0208%	8h	440.77	−0.002%	$1.8M	$1.5M	20x	as long as short
edgeX TSMUSDC	−0.0059%	4h	440.93	+0.034%	$47K	$216K	10x	as long as short
Aster TSMUSDT	0.0000%	8h	440.67	−0.025%	$82K	$2K	20x	as long as short
Bybit TSMUSDT	0.0000%	8h	440.54	−0.054%	$2.0M	$388K	50x	as long as short
OKX TSM-USDT-SWAP	0.0000%	8h	440.55	−0.052%	$4.0M	$2.5M	20x	as long as short
Gate TSM_USDT	0.0000%	8h	440.52	−0.059%	$1.7M	$1.1M	100x	as long as short
Variational Omni TSM	0.0000%	8h	440.96	+0.040%	$546K	$40K	—	as long as short
SunX TSM-USDTlong	0.0000%	8h	440.78	long leg	$1K	$4.2M	10x
HTX TSM-USDT	0.0000%	8h	440.75	−0.007%	$9K	$8K	20x	as long as short
Phemex TSMUSDTshort	0.0000%	8h	440.81	+0.007%	$1.5M	$486K	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSM	+0.0032%	1h	440.82	+0.009%	$496K	$176K	10x	as long as short
Lighter RH TSM	+0.0032%	1h	440.72	−0.014%	$220K	$676K	10x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	440.31	−0.107%	—	$583	25x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	440.29	−0.111%	$10.2M	$2.1M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	440.41	−0.084%	$192K	$60K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	440.25	−0.120%	$140	$3K	10x	as long as short
BloFin TSM-USDT	+0.0050%	8h	440.58	−0.045%	$45K	$100K	20x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	439.97	−0.184%	$156K	$23K	10x	as long as short
Extended TSM-USD	+0.0064%	1h	440.63	−0.033%	$4K	$194K	10x	as long as short
Binance TSMUSDT	+0.0066%	8h	440.76	−0.003%	$12.9M	$7.5M	20x	as long as short
GRVT TSM_USDT_Perp	+0.0081%	8h	440.78	+0.001%	$8K	$1.3M	10x	as long as short
Coinbase International TSM-PERP-INTX	+0.0088%	1h	440.03	−0.170%	$367K	$102K	10x	as long as short
KuCoin TSMUSDTM	+0.0100%	8h	440.30	−0.109%	$268K	$312K	20x	as long as short
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	440.59	−0.043%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	440.67	−0.025%	$123	—	10x	as long as short
Phoenix TSM	+0.0199%	1h	440.38	−0.091%	$214K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	445.45	+1.059%	$6K	$38K	12x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0340%	1h	440.60	−0.041%	$4	$24K	10x	as long as short