Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Polymarket Perps+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSM-USD | 441.00 | 0.0050 | pay 0.0006% / 1h | 3m 44s | $187K | $71K | 10x |
| Short | Vest TSM-USD-PERP | 441.05 | 0.0046 | get 0.0006% / 1h | 3m 44s | — | $2K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Polymarket Perps. 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
- −$0.91
- Price spread: +0.011% → 0.000%
- $1.13
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$9.77
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 46 min ago; Vest: 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 Polymarket Perps live order book, 46 min ago | 3.98 bp | 12.0 bp −$12 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 exchanges
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 | −0.0173% | 4h | 440.83 | −0.038% | $47K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0016% | 1h | 441.32 | +0.073% | $373K | $101K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.99 | −0.003% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.02 | +0.005% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.25 | +0.057% | $4.1M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.24 | +0.054% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 441.49 | +0.111% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.52 | +0.118% | $553K | $44K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.61 | +0.138% | $1K | $3.8M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.25 | −0.170% | $9K | $8K | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 441.93 | +0.211% | $1.5M | $552K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 441.21 | +0.048% | $497K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.22 | +0.050% | $194K | $742K | 10x | as long as short |
| Vest TSM-USD-PERPshort | +0.0046% | 1h | 441.05 | +0.011% | — | $2K | 25x | |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.79 | −0.048% | $10.1M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USDlong | +0.0050% | 1h | 441.00 | long leg | $187K | $71K | 10x | |
| SoDEX TSM-USD | +0.0050% | 1h | 441.25 | +0.057% | $137 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.39 | +0.088% | $158K | $29K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 441.22 | +0.050% | $1K | $217K | 10x | as long as short |
| Binance TSMUSDT | +0.0066% | 8h | 441.37 | +0.084% | $13.0M | $8.4M | 20x | as long as short |
| BloFin TSM-USDT | +0.0081% | 8h | 441.67 | +0.152% | $45K | $114K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.77 | −0.052% | $268K | $428K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.32 | +0.073% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.37 | +0.084% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 441.38 | +0.086% | $209K | $10K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +0.669% | $6K | $38K | 12x | as long as short |
| GRVT TSM_USDT_Perp | +0.0249% | 8h | 441.25 | +0.056% | $8K | $1.3M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0770% | 1h | 441.44 | +0.100% | $4 | $10K | 10x | as long as short |
Polymarket Perps TSM-USD
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
tradeXYZ xyz:TSM
SoDEX TSM-USD
Extended TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL