Funding you earn now, next payment 11:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against Aevo−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TSM-PERP | 442.45 | 0.0104 | pay 0.0013% / 1h | 53m 45s | $124 | — | 10x |
| Short | Vest TSM-USD-PERP | 442.42 | 0.0046 | get 0.0006% / 1h | 53m 45s | — | $2K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$12.25
- Price spread: −0.008% → 0.000%
- −$0.77
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$31.01
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Vest: 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 Vest no order-book sample | — | — | — | — | — |
Aevo and Vest: 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 | −0.0955% | 4h | 442.16 | −0.067% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0056% | 1h | 442.09 | −0.082% | $373K | $108K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 442.32 | −0.030% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 442.45 | −0.001% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.57 | +0.026% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 442.33 | −0.028% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 442.68 | +0.051% | $1.8M | $1.5M | 20x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 442.52 | +0.015% | $1K | $3.8M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 442.60 | +0.033% | $4 | $10K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 442.49 | +0.008% | $9K | $8K | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 442.02 | −0.098% | $1.5M | $559K | 10x | as long as short |
| Variational Omni TSM | +0.0006% | 8h | 442.40 | −0.013% | $554K | $44K | — | as long as short |
| Lighter TSM | +0.0032% | 1h | 442.78 | +0.074% | $499K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 442.83 | +0.085% | $199K | $686K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 443.95 | +0.338% | $6K | $38K | 12x | as long as short |
| Vest TSM-USD-PERPshort | +0.0046% | 1h | 442.42 | −0.008% | — | $2K | 25x | |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 442.43 | −0.005% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 442.17 | −0.064% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 442.23 | −0.051% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 442.38 | −0.017% | $156K | $31K | 10x | as long as short |
| BloFin TSM-USDT | +0.0071% | 8h | 442.39 | −0.014% | $45K | $115K | 20x | as long as short |
| Extended TSM-USD | +0.0088% | 1h | 442.46 | +0.002% | $1K | $217K | 10x | as long as short |
| Binance TSMUSDT | +0.0092% | 8h | 442.60 | +0.033% | $13.0M | $8.5M | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 442.06 | −0.089% | $268K | $438K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 442.45 | −0.001% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPlong | +0.0104% | 1h | 442.45 | long leg | $124 | — | 10x | |
| Phoenix TSM | +0.0145% | 1h | 442.26 | −0.044% | $210K | $10K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0310% | 8h | 442.32 | −0.030% | $8K | $1.3M | 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
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDT
Phemex TSMUSDT
Variational Omni TSM
Lighter TSM
Lighter RH TSM
Injective TSM/USDC PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
KuCoin TSMUSDTM
Phoenix TSM
GRVT TSM_USDT_Perp