Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: HTX against Aevo−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.051% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TSM-PERP | 441.70 | 0.0104 | pay 0.0013% / 1h | 16m 12s | $124 | — | 10x |
| Short | HTX TSM-USDT | 441.47 | 0 | get 0.0000% / 8h | 4h 16m | $9K | $8K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aevo. 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
- −$21.84
- Price spread: −0.051% → 0.000%
- −$5.14
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$54.98
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; HTX: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Aevo and HTX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0963% | 4h | 441.88 | +0.042% | $48K | $217K | 10x | as long as short |
| Bitget TSMUSDT | −0.0081% | 8h | 441.92 | +0.050% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.88 | +0.042% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.60 | −0.022% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.64 | −0.013% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.52 | −0.040% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.69 | −0.001% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.77 | +0.016% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDTshort | 0.0000% | 8h | 441.47 | −0.051% | $9K | $8K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 441.86 | +0.037% | $1.5M | $472K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 441.87 | +0.039% | $497K | $176K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.59 | −0.024% | $220K | $643K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 441.48 | −0.049% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.41 | −0.065% | $10.2M | $2.2M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.49 | −0.047% | $194K | $53K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.41 | −0.065% | $139 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.30 | −0.090% | $158K | $23K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0067% | 1h | 441.62 | −0.017% | $97 | $24K | 10x | as long as short |
| Extended TSM-USD | +0.0072% | 1h | 441.64 | −0.014% | $1K | $190K | 10x | as long as short |
| Binance TSMUSDT | +0.0076% | 8h | 441.71 | +0.003% | $13.0M | $7.3M | 20x | as long as short |
| BloFin TSM-USDT | +0.0077% | 8h | 441.70 | +0.001% | $45K | $99K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.35 | −0.079% | $268K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.69 | −0.002% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPlong | +0.0104% | 1h | 441.70 | long leg | $124 | — | 10x | |
| Coinbase International TSM-PERP-INTX | +0.0120% | 1h | 440.79 | −0.205% | $368K | $102K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0135% | 8h | 441.74 | +0.010% | $11K | $1.2M | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 441.66 | −0.008% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.69 | +1.357% | $7K | $38K | 12x | as long as short |
HTX TSM-USDT
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Deribit TSM_USDC-PERPETUAL
Extended TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
KuCoin TSMUSDTM
Coinbase International TSM-PERP-INTX
GRVT TSM_USDT_Perp
Phoenix TSM
Injective TSM/USDC PERP