Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Aevo−0.075%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.075% cheaper against Aevo than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TSM-PERP | 439.81 | 0.0104 | pay 0.0013% / 1h | 59m 16s | $123 | — | 10x |
| Short | KuCoin TSMUSDTM | 439.48 | 0.0100 | get 0.0100% / 8h | 59m 16s | $266K | $309K | 20x |
Aevo TSM-PERP
KuCoin TSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$0.84
- Price spread: −0.075% → 0.000%
- −$7.54
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$36.38
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 43 min ago. 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 KuCoin live order book, 43 min ago | 14.01 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0169% | 8h | 439.85 | +0.009% | $1.7M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:TSM | −0.0053% | 1h | 439.38 | −0.098% | $10.2M | $1.8M | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.91 | +0.022% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.72 | −0.021% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.86 | +0.011% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.59 | −0.050% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.72 | −0.021% | $559K | $38K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.80 | −0.003% | $1K | $4.1M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 439.75 | −0.014% | $4 | $25K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.71 | −0.023% | $9K | $8K | 20x | as long as short |
Bitget TSMUSDT
tradeXYZ xyz:TSM
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 440.66 | +0.193% | $1.5M | $524K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.18 | +0.084% | $496K | $172K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.63 | −0.041% | $221K | $720K | 10x | as long as short |
| BloFin TSM-USDT | +0.0044% | 8h | 439.89 | +0.018% | $45K | $106K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.50 | −0.071% | — | $2K | 25x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.54 | −0.062% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.48 | −0.075% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.18 | −0.144% | $158K | $27K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0056% | 1h | 439.33 | −0.110% | $366K | $99K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 439.71 | −0.022% | $3K | $145K | 10x | as long as short |
| edgeX TSMUSDC | +0.0066% | 4h | 439.74 | −0.016% | $47K | $217K | 10x | as long as short |
| Binance TSMUSDT | +0.0067% | 8h | 439.82 | +0.001% | $12.9M | $8.0M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0076% | 8h | 439.82 | +0.002% | $6K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTMshort | +0.0100% | 8h | 439.48 | −0.075% | $266K | $309K | 20x | |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.74 | −0.016% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPlong | +0.0104% | 1h | 439.81 | long leg | $123 | — | 10x | |
| Phoenix TSM | +0.0164% | 1h | 439.57 | −0.055% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.27 | +1.014% | $6K | $38K | 12x | as long as short |
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Coinbase International TSM-PERP-INTX
Extended TSM-USD
edgeX TSMUSDC
Binance TSMUSDT
GRVT TSM_USDT_Perp
Orderly PERP_TSM_USDC_mythos
Phoenix TSM
Injective TSM/USDC PERP