Funding you earn now, next payment 02:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.018%
Price spread now: Extended against Orderly−0.004%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TSM_USDC_mythos | 444.29 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $21 | — | 10x |
| Short | Extended TSM-USD | 444.27 | 0.0016 | get 0.0002% / 1h | 21m 56s | $4K | $197K | 10x |
Orderly PERP_TSM_USDC_mythos
Extended TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Orderly. 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
- −$17.64
- Price spread: −0.004% → 0.000%
- −$0.4
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$29.04
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 45 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 45 min ago | 0.45 bp | 8.1 bp −$8 | 68.9 bp −$689 | doesn't fit | doesn't fit |
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 27 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 | −0.0901% | 4h | 444.50 | +0.048% | $48K | $215K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 444.45 | +0.036% | $82K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 444.10 | −0.043% | $2.0M | $392K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.31 | +0.005% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 444.18 | −0.025% | $1.7M | $985K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.35 | +0.014% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.46 | +0.039% | $550K | $82K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.42 | +0.029% | $994 | $4.6M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 444.38 | +0.020% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.52 | +0.052% | $1.5M | $455K | 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
HTX TSM-USDT
Phemex TSMUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TSMUSDT | +0.0016% | 8h | 444.35 | +0.014% | $13.1M | $6.9M | 20x | as long as short |
| Extended TSM-USDshort | +0.0016% | 1h | 444.27 | −0.004% | $4K | $197K | 10x | |
| Coinbase International TSM-PERP-INTX | +0.0016% | 1h | 444.30 | +0.002% | $371K | $105K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.34 | +0.011% | $229K | $637K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 443.95 | −0.077% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.83 | −0.104% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 444.08 | −0.047% | $197K | $48K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.90 | −0.088% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 444.13 | −0.036% | $160K | $25K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.09 | −0.045% | $269K | $316K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythoslong | +0.0100% | 8h | 444.29 | long leg | $21 | — | 10x | |
| Aevo TSM-PERP | +0.0104% | 1h | 444.43 | +0.032% | $124 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0121% | 8h | 444.58 | +0.066% | $7K | $1.1M | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 444.11 | −0.041% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 449.49 | +1.170% | $7K | $38K | 12x | as long as short |
| Lighter TSM | +0.0376% | 1h | 444.95 | +0.149% | $502K | $170K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0561% | 1h | 444.37 | +0.018% | $4 | $23K | 10x | as long as short |
Binance TSMUSDT
Coinbase International TSM-PERP-INTX
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM
Deribit TSM_USDC-PERPETUAL