Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Vest against tradeXYZ+0.070%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Vest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.070% dearer against tradeXYZ than usual: you sell high and buy low, +$7 on $10k if it 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 | tradeXYZ xyz:TSM | 442.41 | 0.0050 | pay 0.0006% / 1h | 0m 02s | $10.2M | $2.3M | 10x |
| Short | Vest TSM-USD-PERP | 442.72 | 0.0046 | get 0.0006% / 1h | 0m 02s | — | $583 | 25x |
tradeXYZ xyz:TSM
Vest TSM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against tradeXYZ. 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: +0.070% → 0.000%
- $7.01
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$13.9
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago | 0.34 bp | 9.3 bp −$9 | doesn't fit | 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 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 | −0.0717% | 4h | 443.25 | +0.189% | $48K | $217K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 443.41 | +0.227% | $81K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 442.59 | +0.041% | $2.0M | $382K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.78 | +0.084% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 442.94 | +0.120% | $1.7M | $963K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 443.00 | +0.133% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 443.11 | +0.159% | $549K | $61K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 443.15 | +0.167% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 442.99 | +0.131% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 443.27 | +0.194% | $1.5M | $445K | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TSM-USDT | +0.0022% | 8h | 443.20 | +0.179% | $45K | $98K | 20x | as long as short |
| Lighter TSM | +0.0032% | 1h | 443.41 | +0.226% | $500K | $173K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 443.03 | +0.140% | $221K | $645K | 10x | as long as short |
| Vest TSM-USD-PERPshort | +0.0046% | 1h | 442.72 | +0.070% | — | $583 | 25x | |
| Extended TSM-USD | +0.0048% | 1h | 443.03 | +0.141% | $2K | $189K | 10x | as long as short |
| Binance TSMUSDT | +0.0049% | 8h | 442.84 | +0.097% | $13.0M | $6.8M | 20x | as long as short |
| tradeXYZ xyz:TSMlong | +0.0050% | 1h | 442.41 | long leg | $10.2M | $2.3M | 10x | |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 442.96 | +0.124% | $196K | $51K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 442.80 | +0.088% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 442.48 | +0.016% | $158K | $23K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0098% | 8h | 443.25 | +0.191% | $11K | $1.2M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 442.83 | +0.095% | $268K | $318K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 443.05 | +0.145% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 443.14 | +0.165% | $124 | — | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0152% | 1h | 443.05 | +0.145% | $369K | $107K | 10x | as long as short |
| Phoenix TSM | +0.0217% | 1h | 443.18 | +0.174% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 448.46 | +1.368% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0744% | 1h | 443.04 | +0.142% | $4 | $24K | 10x | as long as short |
BloFin TSM-USDT
Lighter TSM
Lighter RH TSM
Extended TSM-USD
Binance TSMUSDT
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL