Funding you earn now, next payment 08:00 UTC0.0000%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: HTX against Binance−0.009%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
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSMUSDT | 447.59 | 0.0000 | pay 0.0000% / 8h | 7h 46m | $13.2M | $6.9M | 20x |
| Short | HTX TSM-USDT | 447.55 | 0 | get 0.0000% / 8h | 7h 46m | $9K | $9K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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
- −$0.1
- Price spread: −0.009% → 0.000%
- −$0.92
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$23.03
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 9 min ago; HTX: 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 Binance live order book, 9 min ago | 0.11 bp | 7.1 bp −$7 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | −0.143% | $358K | $103K | 10x | as long as short |
| BloFin TSM-USDT | −0.0009% | 8h | 447.75 | +0.035% | $44K | $102K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 447.56 | −0.008% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 447.52 | −0.016% | $4K | $169K | 10x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.43 | −0.036% | $2.0M | $409K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.46 | −0.029% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.26 | −0.074% | $1.7M | $899K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.57 | −0.006% | $555K | $84K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 447.46 | −0.029% | $9K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 447.56 | −0.007% | $2K | $5.0M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 447.58 | −0.003% | $4 | $32K | 10x | as long as short |
| HTX TSM-USDTshort | 0.0000% | 8h | 447.55 | −0.009% | $9K | $9K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 447.57 | −0.005% | $1.5M | $452K | 10x | as long as short |
| Binance TSMUSDTlong | 0.0000% | 8h | 447.59 | long leg | $13.2M | $6.9M | 20x | |
| Bitget TSMUSDT | +0.0006% | 8h | 447.45 | −0.032% | $1.6M | $1.4M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.60 | +0.002% | $232K | $635K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.51 | −0.018% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.35 | −0.054% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.33 | −0.058% | $197K | $41K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 447.17 | −0.094% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 447.13 | −0.103% | $158K | $20K | 10x | as long as short |
| Lighter TSM | +0.0088% | 1h | 448.09 | +0.111% | $506K | $166K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 447.18 | −0.092% | $272K | $313K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.48 | −0.025% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.57 | −0.004% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.42 | −0.038% | $218K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 451.76 | +0.931% | $7K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0972% | 4h | 447.65 | +0.013% | $48K | $216K | 10x | as long as short |
Binance TSMUSDT
HTX TSM-USDT
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Aster TSMUSDT
Extended TSM-USD
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
GRVT TSM_USDT_Perp
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
Phemex TSMUSDT
Bitget TSMUSDT
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Lighter TSM
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC