Funding you earn now, next payment 06:00 UTC+0.0455%/8h= +49.9% APRpaid last 24h +0.001%
Price spread now: Aevo against edgeX+0.149%72s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Aevo is 0.149% dearer against edgeX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 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 | edgeX TSMUSDC | 440.09 | −0.0351 | get 0.0176% / 4h | 2h 11m | $47K | $217K | 10x |
| Short | Aevo TSM-PERP | 440.75 | 0.0104 | get 0.0013% / 1h | 11m 49s | $123 | — | 10x |
edgeX TSMUSDC
Aevo TSM-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against edgeX. 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
- $95.63
- Price spread: +0.149% → 0.000%
- $14.93
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $85.56
- Costs to cover
- 0.250%
- Break-even
- 0.7 days
Slippage unknown: edgeX: live order book, 35 min ago; Aevo: 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 edgeX live order book, 35 min ago | 5.55 bp | 10.2 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDClong | −0.0351% | 4h | 440.09 | long leg | $47K | $217K | 10x | |
| Bitget TSMUSDT | −0.0238% | 8h | 440.69 | +0.135% | $1.7M | $1.6M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.70 | +0.138% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.64 | +0.124% | $2.0M | $401K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.68 | +0.133% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.70 | +0.138% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.07 | −0.005% | $552K | $30K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.90 | +0.183% | $1K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.26 | +0.038% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.33 | +0.281% | $1.5M | $511K | 10x | as long as short |
Bitget TSMUSDT
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 | 440.71 | +0.140% | $496K | $138K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 440.65 | +0.126% | $220K | $681K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.35 | +0.058% | — | $1K | 25x | as long as short |
| Extended TSM-USD | +0.0048% | 1h | 440.81 | +0.162% | $5K | $183K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0049% | 8h | 440.18 | +0.020% | $13K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.38 | +0.065% | $10.2M | $1.8M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.46 | +0.083% | $192K | $63K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.13 | +0.008% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.97 | −0.028% | $158K | $27K | 10x | as long as short |
| Binance TSMUSDT | +0.0051% | 8h | 440.93 | +0.190% | $12.9M | $7.8M | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 439.33 | −0.174% | $366K | $102K | 10x | as long as short |
| BloFin TSM-USDT | +0.0078% | 8h | 440.38 | +0.065% | $45K | $103K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.36 | +0.060% | $267K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.53 | +0.099% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPshort | +0.0104% | 1h | 440.75 | +0.149% | $123 | — | 10x | |
| Phoenix TSM | +0.0163% | 1h | 440.13 | +0.008% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.65 | +1.035% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0522% | 1h | 440.66 | +0.129% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
Extended TSM-USD
GRVT TSM_USDT_Perp
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL