Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.009%
Price spread now: HTX against BloFin−0.016%59s7-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
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. The two prices were read 59 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 | BloFin TSM-USDT | 439.50 | 0.0055 | pay 0.0055% / 8h | 49m 34s | $45K | $106K | 20x |
| Short | HTX TSM-USDT | 439.43 | 0 | get 0.0000% / 8h | 49m 34s | $9K | $8K | 20x |
BloFin TSM-USDT
HTX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$11.57
- Price spread: −0.016% → 0.000%
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37.16
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 17 min ago; 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 BloFin live order book, 17 min ago | 0.23 bp | 11.2 bp −$11 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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 | −0.0513% | 4h | 439.41 | −0.020% | $47K | $217K | 10x | as long as short |
| Bitget TSMUSDT | −0.0166% | 8h | 439.41 | −0.020% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.36 | −0.031% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.16 | −0.077% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.44 | −0.014% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.14 | −0.082% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.35 | −0.034% | $558K | $38K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.31 | −0.043% | $1K | $4.1M | 10x | as long as short |
| HTX TSM-USDTshort | 0.0000% | 8h | 439.43 | −0.016% | $9K | $8K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 440.24 | +0.168% | $1.5M | $527K | 10x | as long as short |
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX 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 | 439.38 | −0.027% | $495K | $185K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.10 | −0.091% | $221K | $720K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0044% | 1h | 438.90 | −0.137% | $10.1M | $1.8M | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 438.84 | −0.150% | — | $2K | 25x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 438.98 | −0.118% | $189K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 438.85 | −0.148% | $137 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 438.66 | −0.191% | $158K | $27K | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0055% | 8h | 439.50 | long leg | $45K | $106K | 20x | |
| Extended TSM-USD | +0.0056% | 1h | 439.25 | −0.057% | $4K | $153K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0056% | 1h | 439.33 | −0.039% | $366K | $99K | 10x | as long as short |
| Binance TSMUSDT | +0.0057% | 8h | 439.38 | −0.027% | $12.8M | $8.0M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0063% | 8h | 439.22 | −0.065% | $6K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.04 | −0.105% | $267K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.05 | −0.102% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.21 | −0.065% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0146% | 1h | 439.40 | −0.023% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.02 | +1.028% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0548% | 1h | 439.20 | −0.068% | $4 | $25K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
tradeXYZ xyz:TSM
Vest TSM-USD-PERP
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Coinbase International TSM-PERP-INTX
Binance TSMUSDT
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL