Funding you earn now, next payment 05:00 UTC+0.0145%/8h= +15.8% APRpaid last 24h +0.001%
Price spread now: Vest against Bitget−0.159%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Vest is 0.159% cheaper against Bitget than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 3.7 days of funding at the current rate (+$4 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TSMUSDT | 441.49 | −0.0099 | get 0.0099% / 8h | 3h 52m | $1.8M | $1.5M | 20x |
| Short | Vest TSM-USD-PERP | 440.79 | 0.0046 | get 0.0006% / 1h | 52m 36s | — | $583 | 25x |
Bitget TSMUSDT
Vest TSM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bitget. 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
- $30.38
- Price spread: −0.159% → 0.000%
- −$15.86
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $0.53
- Costs to cover
- 0.140%
- Break-even
- 6.9 days
Slippage unknown: Bitget: live order book, 4 min ago; 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 Bitget live order book, 4 min ago | 3.63 bp | 12.2 bp −$12 | 35.4 bp −$354 | 75.6 bp −$7,562 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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 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 | −0.0949% | 4h | 441.42 | −0.015% | $48K | $216K | 10x | as long as short |
| Bitget TSMUSDTlong | −0.0099% | 8h | 441.49 | long leg | $1.8M | $1.5M | 20x | |
| Aster TSMUSDT | 0.0000% | 8h | 441.57 | +0.018% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.00 | −0.111% | $2.0M | $398K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.05 | −0.100% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.92 | −0.129% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.44 | −0.012% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.17 | −0.072% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.20 | −0.066% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.19 | −0.068% | $1.5M | $475K | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 441.25 | −0.054% | $497K | $176K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.03 | −0.104% | $231K | $653K | 10x | as long as short |
| BloFin TSM-USDT | +0.0045% | 8h | 441.51 | +0.005% | $45K | $99K | 20x | as long as short |
| Vest TSM-USD-PERPshort | +0.0046% | 1h | 440.79 | −0.159% | — | $583 | 25x | |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.70 | −0.179% | $10.2M | $2.1M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.95 | −0.122% | $193K | $56K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.86 | −0.143% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.27 | −0.050% | $158K | $22K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 441.04 | −0.102% | $6K | $195K | 10x | as long as short |
| Binance TSMUSDT | +0.0066% | 8h | 441.17 | −0.072% | $12.9M | $7.3M | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.79 | −0.159% | $368K | $102K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0094% | 8h | 441.50 | +0.002% | $7K | $1.2M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.98 | −0.116% | $267K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.19 | −0.068% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.07 | −0.094% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 441.27 | −0.050% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.91 | +1.001% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0272% | 1h | 441.05 | −0.100% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Binance TSMUSDT
Coinbase International TSM-PERP-INTX
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL