Funding you earn now, next payment 04:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against HTX−0.197%46s7-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
Funding pays, the price is against you. Polymarket Perps is 0.197% cheaper against HTX than usual: you would sell low and buy high (spread −0.197% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 11 days of funding at the current rate (+$2 a day). The two prices were read 46 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 | HTX TSM-USDT | 441.98 | 0 | get 0.0000% / 8h | 4h 44m | $9K | $8K | 20x |
| Short | Polymarket Perps TSM-USD | 441.11 | 0.0061 | get 0.0008% / 1h | 44m 27s | $194K | $52K | 10x |
HTX TSM-USDT
Polymarket Perps TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against HTX. 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
- $12.8
- Price spread: −0.197% → 0.000%
- −$19.68
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.88
- Costs to cover
- 0.200%
- Break-even
- 21.7 days
Slippage unknown: HTX: no order-book sample; Polymarket Perps: live order book, 12 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 12 min ago | 2.26 bp | 8.3 bp −$8 | 9.8 bp −$98 | 11.7 bp −$1,171 | doesn't fit |
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 | −0.0681% | 4h | 442.12 | +0.031% | $48K | $217K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.79 | −0.043% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.92 | −0.240% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.00 | −0.222% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.96 | −0.231% | $1.7M | $968K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 441.29 | −0.156% | $1.8M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.98 | 0.000% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.97 | −0.002% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDTlong | 0.0000% | 8h | 441.98 | long leg | $9K | $8K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 442.84 | +0.195% | $1.5M | $454K | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
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 | 441.51 | −0.106% | $497K | $175K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.43 | −0.124% | $220K | $642K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.96 | −0.231% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.75 | −0.278% | $10.2M | $2.2M | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.50 | −0.109% | $133 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.37 | −0.364% | $158K | $23K | 10x | as long as short |
| Polymarket Perps TSM-USDshort | +0.0061% | 1h | 441.11 | −0.197% | $194K | $52K | 10x | |
| BloFin TSM-USDT | +0.0063% | 8h | 442.09 | +0.025% | $45K | $98K | 20x | as long as short |
| Binance TSMUSDT | +0.0063% | 8h | 441.11 | −0.197% | $13.0M | $7.0M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 441.16 | −0.187% | $3K | $188K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.96 | −0.231% | $268K | $317K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.16 | −0.186% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.06 | −0.208% | $123 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0118% | 8h | 442.22 | +0.054% | $6K | $1.2M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0120% | 1h | 441.85 | −0.029% | $368K | $102K | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 441.94 | −0.009% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.69 | +1.292% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0769% | 1h | 441.91 | −0.016% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
BloFin TSM-USDT
Binance TSMUSDT
Extended TSM-USD
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL