Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against HTX+0.029%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 +$1 a day on $10k at the current rate, and Binance is 0.029% dearer against HTX than usual: you sell high and buy low: +$3 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 | HTX TSM-USDT | 444.16 | 0 | get 0.0000% / 8h | 6h 16m | $9K | $9K | 20x |
| Short | Binance TSMUSDT | 444.29 | 0.0020 | get 0.0020% / 8h | 6h 16m | $13.1M | $6.8M | 20x |
HTX TSM-USDT
Binance TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $4.24
- Price spread: +0.029% → 0.000%
- $2.93
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.83
- Costs to cover
- 0.220%
- Break-even
- 31.5 days
Slippage unknown: HTX: no order-book sample; Binance: 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 HTX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.22 bp | 10.4 bp −$10 | 25.5 bp −$255 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDT | 0.0000% | 8h | 444.35 | +0.042% | $82K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 444.09 | −0.016% | $2.0M | $387K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.15 | −0.002% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 444.06 | −0.023% | $1.7M | $986K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.43 | +0.061% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.30 | +0.031% | $550K | $82K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.33 | +0.038% | $1K | $4.5M | 10x | as long as short |
| HTX TSM-USDTlong | 0.0000% | 8h | 444.16 | long leg | $9K | $9K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 444.38 | +0.050% | $1.5M | $446K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0016% | 1h | 444.30 | +0.032% | $371K | $105K | 10x | as long as short |
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDT
Phemex TSMUSDT
Coinbase International TSM-PERP-INTXShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TSMUSDTshort | +0.0020% | 8h | 444.29 | +0.029% | $13.1M | $6.8M | 20x | |
| Extended TSM-USD | +0.0024% | 1h | 444.24 | +0.017% | $4K | $197K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.21 | +0.011% | $229K | $637K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 443.90 | −0.059% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.82 | −0.077% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 444.02 | −0.032% | $197K | $48K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.82 | −0.077% | $138 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 443.75 | −0.092% | $160K | $24K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.00 | −0.036% | $270K | $316K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.29 | +0.029% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.21 | +0.011% | $124 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0140% | 8h | 444.34 | +0.041% | $9K | $1.1M | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 444.14 | −0.005% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 449.49 | +1.200% | $7K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0348% | 4h | 444.28 | +0.026% | $48K | $216K | 10x | as long as short |
| Lighter TSM | +0.0376% | 1h | 444.77 | +0.137% | $502K | $170K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0561% | 1h | 444.09 | −0.016% | $98 | $24K | 10x | as long as short |
Extended TSM-USD
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC
Lighter TSM
Deribit TSM_USDC-PERPETUAL