Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Orderly against Aevo+0.012%7-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
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TSM-PERP | 440.42 | 0.0104 | pay 0.0013% / 1h | 5m 55s | $123 | — | 10x |
| Short | Orderly PERP_TSM_USDC_mythos | 440.47 | 0.0100 | get 0.0100% / 8h | 3h 05m | $21 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aevo. 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
- −$0.84
- Price spread: +0.012% → 0.000%
- $1.23
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$21.61
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aevo and 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0980% | 4h | 440.31 | −0.025% | $47K | $216K | 10x | as long as short |
| Bitget TSMUSDT | −0.0222% | 8h | 440.52 | +0.024% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.49 | +0.016% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.24 | −0.040% | $2.0M | $389K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.45 | +0.008% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.27 | −0.033% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.47 | +0.013% | $546K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.55 | +0.030% | $1K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.28 | −0.031% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.79 | +0.085% | $1.5M | $489K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 440.45 | +0.008% | $496K | $176K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 440.46 | +0.010% | $219K | $677K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.02 | −0.090% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.07 | −0.079% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.20 | −0.049% | $192K | $60K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.02 | −0.090% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.11 | −0.069% | $156K | $23K | 10x | as long as short |
| Binance TSMUSDT | +0.0063% | 8h | 440.51 | +0.021% | $12.9M | $7.5M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.44 | +0.006% | $5K | $188K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0071% | 8h | 440.39 | −0.007% | $10K | $1.3M | 10x | as long as short |
| BloFin TSM-USDT | +0.0084% | 8h | 440.38 | −0.008% | $45K | $101K | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.03 | −0.088% | $367K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.14 | −0.063% | $267K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythosshort | +0.0100% | 8h | 440.47 | +0.012% | $21 | — | 10x | |
| Aevo TSM-PERPlong | +0.0104% | 1h | 440.42 | long leg | $123 | — | 10x | |
| Phoenix TSM | +0.0199% | 1h | 440.27 | −0.033% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.19 | +1.084% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0409% | 1h | 440.43 | +0.003% | $4 | $24K | 10x | as long as short |
edgeX TSMUSDC
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
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
BloFin TSM-USDT
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL