TSM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: HTX against KuCoin+0.102%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. HTX is 0.102% dearer against KuCoin than usual: you sell high and buy low (spread +0.102% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSMUSDTM	441.18	0.0100	pay 0.0100% / 8h	4h 32m	$268K	$314K	20x
Short	HTX TSM-USDT	441.63	0	get 0.0000% / 8h	4h 32m	$9K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee HTXbpOrdersPrice spread, now +0.102%Rate

Funding earned: −$21
Price spread: +0.102% → 0.000%: $10.2
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.8
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 49 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 KuCoin live order book, 49 min ago	12.62 bp	101.0 bp −$101	doesn't fit	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
Bitget TSMUSDT	−0.0032%	8h	441.58	+0.091%	$1.7M	$1.4M	20x	as long as short
Aster TSMUSDT	0.0000%	8h	441.71	+0.120%	$82K	$2K	20x	as long as short
Bybit TSMUSDT	0.0000%	8h	441.37	+0.043%	$2.0M	$395K	50x	as long as short
OKX TSM-USDT-SWAP	0.0000%	8h	441.54	+0.082%	$4.0M	$2.5M	20x	as long as short
Gate TSM_USDT	0.0000%	8h	441.31	+0.029%	$1.7M	$1.0M	100x	as long as short
Variational Omni TSM	0.0000%	8h	441.54	+0.081%	$547K	$40K	—	as long as short
SunX TSM-USDT	0.0000%	8h	441.57	+0.088%	$2K	$4.3M	10x	as long as short
HTX TSM-USDTshort	0.0000%	8h	441.63	+0.102%	$9K	$8K	20x
Phemex TSMUSDT	0.0000%	8h	441.91	+0.165%	$1.5M	$466K	10x	as long as short
Lighter TSM	+0.0032%	1h	441.74	+0.127%	$497K	$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	441.45	+0.061%	$220K	$643K	10x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	441.00	−0.041%	—	$583	25x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	441.07	−0.025%	$10.2M	$2.2M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	441.21	+0.007%	$194K	$53K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	441.06	−0.027%	$140	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	441.09	−0.020%	$158K	$23K	10x	as long as short
BloFin TSM-USDT	+0.0065%	8h	441.52	+0.077%	$45K	$99K	20x	as long as short
Binance TSMUSDT	+0.0069%	8h	441.59	+0.092%	$13.0M	$7.1M	20x	as long as short
Extended TSM-USD	+0.0072%	1h	441.49	+0.070%	$1K	$190K	10x	as long as short
KuCoin TSMUSDTMlong	+0.0100%	8h	441.18	long leg	$268K	$314K	20x
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	441.54	+0.082%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	441.44	+0.060%	$124	—	10x	as long as short
Coinbase International TSM-PERP-INTX	+0.0120%	1h	440.79	−0.088%	$368K	$102K	10x	as long as short
GRVT TSM_USDT_Perp	+0.0130%	8h	441.53	+0.080%	$5K	$1.2M	10x	as long as short
Phoenix TSM	+0.0199%	1h	441.31	+0.029%	$215K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	447.69	+1.476%	$7K	$38K	12x	as long as short
edgeX TSMUSDC	+0.0718%	4h	441.59	+0.092%	$48K	$217K	10x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0748%	1h	441.47	+0.066%	$4	$24K	10x	as long as short