Funding you earn now, next payment 08:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h 0.000%
Price spread now: Orderly against edgeX−0.086%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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Orderly is 0.086% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TSMUSDC | 440.51 | 0.0294 | pay 0.0147% / 4h | 1h 57m | $47K | $215K | 10x |
| Short | Orderly PERP_TSM_USDC_mythos | 440.13 | 0.0100 | get 0.0100% / 8h | 1h 57m | $21 | — | 10x |
edgeX TSMUSDC
Orderly PERP_TSM_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$40.74
- Price spread: −0.086% → 0.000%
- −$8.58
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$64.31
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 50 min ago; Orderly: 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, 50 min ago | 5.55 bp | 10.2 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0173% | 8h | 440.47 | −0.009% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.15 | −0.081% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.06 | −0.102% | $2.0M | $396K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.09 | −0.095% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.01 | −0.113% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.63 | +0.027% | $558K | $36K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.39 | −0.027% | $2K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.30 | −0.047% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.73 | +0.050% | $1.5M | $514K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.24 | −0.061% | $496K | $137K | 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 TSMUSDT
Lighter TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 440.06 | −0.102% | $225K | $684K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.66 | −0.192% | — | $1K | 25x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0048% | 1h | 439.33 | −0.267% | $366K | $102K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.67 | −0.190% | $10.2M | $1.8M | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.90 | −0.138% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.94 | −0.129% | $157K | $27K | 10x | as long as short |
| BloFin TSM-USDT | +0.0054% | 8h | 440.60 | +0.021% | $45K | $105K | 20x | as long as short |
| Polymarket Perps TSM-USD | +0.0056% | 1h | 439.93 | −0.131% | $192K | $63K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0056% | 8h | 440.68 | +0.039% | $16K | $1.3M | 10x | as long as short |
| Binance TSMUSDT | +0.0061% | 8h | 440.15 | −0.081% | $12.8M | $7.8M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.09 | −0.095% | $5K | $183K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.81 | −0.158% | $266K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythosshort | +0.0100% | 8h | 440.13 | −0.086% | $21 | — | 10x | |
| Aevo TSM-PERP | +0.0104% | 1h | 440.12 | −0.087% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 440.19 | −0.072% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.31 | +1.090% | $6K | $38K | 12x | as long as short |
| edgeX TSMUSDClong | +0.0294% | 4h | 440.51 | long leg | $47K | $215K | 10x | |
| Deribit TSM_USDC-PERPETUAL | +0.0728% | 1h | 440.30 | −0.047% | $97 | $25K | 10x | as long as short |
Lighter RH TSM
Vest TSM-USD-PERP
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
BloFin TSM-USDT
Polymarket Perps TSM-USD
GRVT TSM_USDT_Perp
Binance TSMUSDT
Extended TSM-USD
KuCoin TSMUSDTM
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL