Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Bybit+0.023%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.023% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TSMUSDT | 439.34 | 0 | get 0.0000% / 8h | 2h 26m | $2.0M | $399K | 50x |
| Short | Aevo TSM-PERP | 439.44 | 0.0104 | get 0.0013% / 1h | 26m 46s | $123 | — | 10x |
Bybit TSMUSDT
Aevo TSM-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bybit. 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
- $21.84
- Price spread: +0.023% → 0.000%
- $2.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$2.85
- Costs to cover
- 0.270%
- Break-even
- 7.9 days
Slippage unknown: Bybit: live order book, 5 min ago; Aevo: 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 Bybit live order book, 5 min ago | 2.16 bp | 10.9 bp −$11 | 59.6 bp −$596 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.0300% | 4h | 439.84 | +0.114% | $47K | $215K | 10x | as long as short |
| Bitget TSMUSDT | −0.0236% | 8h | 439.50 | +0.036% | $1.7M | $1.6M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.67 | +0.074% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDTlong | 0.0000% | 8h | 439.34 | long leg | $2.0M | $399K | 50x | |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.37 | +0.007% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.39 | +0.011% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.59 | +0.056% | $547K | $42K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.43 | +0.020% | $1K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.69 | +0.080% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.67 | +0.303% | $1.5M | $505K | 10x | as long as short |
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX 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 | 439.78 | +0.100% | $495K | $138K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.54 | +0.046% | $219K | $681K | 10x | as long as short |
| BloFin TSM-USDT | +0.0043% | 8h | 439.42 | +0.018% | $45K | $103K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.14 | −0.046% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.20 | −0.032% | $10.2M | $1.8M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.23 | −0.025% | $191K | $63K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.23 | −0.025% | $134 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 438.98 | −0.082% | $158K | $26K | 10x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 439.35 | +0.002% | $6K | $181K | 10x | as long as short |
| Binance TSMUSDT | +0.0057% | 8h | 439.57 | +0.052% | $12.8M | $7.7M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0058% | 8h | 439.81 | +0.107% | $8K | $1.3M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0069% | 1h | 439.33 | −0.002% | $4 | $24K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 439.33 | −0.002% | $366K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.40 | +0.014% | $267K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.38 | +0.009% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPshort | +0.0104% | 1h | 439.44 | +0.023% | $123 | — | 10x | |
| Phoenix TSM | +0.0163% | 1h | 439.73 | +0.089% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.65 | +1.209% | $6K | $38K | 12x | as long as short |
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Binance TSMUSDT
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Phoenix TSM
Injective TSM/USDC PERP