Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: tradeXYZ against Vest−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVest: Active · tradeXYZ: Active · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest TSM-USD-PERP | 440.07 | 0.0046 | pay 0.0006% / 1h | 39m 37s | — | $583 | 25x |
| Short | tradeXYZ xyz:TSM | 440.06 | 0.0050 | get 0.0006% / 1h | 39m 37s | $10.2M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Vest. 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
- $0.91
- Price spread: −0.002% → 0.000%
- −$0.23
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$19.32
- Costs to cover
- 0.200%
- Break-even
- 156.1 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 9 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 Vest no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 9 min ago | 0.79 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Vest: 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 | −0.0155% | 8h | 440.60 | +0.120% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.00 | +0.211% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.38 | +0.070% | $2.0M | $399K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.52 | +0.102% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.26 | +0.043% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.54 | +0.107% | $546K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.59 | +0.118% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.50 | +0.098% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.78 | +0.161% | $1.5M | $479K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.62 | +0.125% | $496K | $176K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 440.39 | +0.073% | $223K | $669K | 10x | as long as short |
| Vest TSM-USD-PERPlong | +0.0046% | 1h | 440.07 | long leg | — | $583 | 25x | |
| tradeXYZ xyz:TSMshort | +0.0050% | 1h | 440.06 | −0.002% | $10.2M | $2.1M | 10x | |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.37 | +0.068% | $192K | $58K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.16 | +0.020% | $142 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.66 | +0.134% | $157K | $22K | 10x | as long as short |
| BloFin TSM-USDT | +0.0052% | 8h | 440.72 | +0.148% | $45K | $99K | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.41 | +0.076% | $2K | $195K | 10x | as long as short |
| Binance TSMUSDT | +0.0065% | 8h | 440.60 | +0.119% | $12.9M | $7.4M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0082% | 8h | 440.60 | +0.120% | $13K | $1.2M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.79 | +0.164% | $368K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.16 | +0.020% | $267K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.39 | +0.073% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.52 | +0.102% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.57 | +0.114% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.60 | +1.257% | $6K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0596% | 4h | 440.68 | +0.139% | $47K | $216K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0705% | 1h | 440.42 | +0.080% | $4 | $24K | 10x | as long as short |
tradeXYZ xyz:TSM
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 TSM
Lighter RH TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL