Funding you earn now, next payment 11:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: Gate against Aevo−0.059%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.059% cheaper against Aevo than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TSM-PERP | 442.63 | 0.0104 | pay 0.0013% / 1h | 6m 14s | $124 | — | 10x |
| Short | Gate TSM_USDT | 442.37 | 0 | get 0.0000% / 8h | 5h 06m | $1.7M | $1.1M | 100x |
Aevo TSM-PERP
Gate TSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aevo. 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: −0.059% → 0.000%
- −$5.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.76
- Costs to cover
- 0.310%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Gate: live order book, 4 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 3.62 bp | 14.6 bp −$15 | 33.6 bp −$336 | 46.4 bp −$4,639 | doesn't fit |
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 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 | −0.0507% | 4h | 442.52 | −0.026% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0056% | 1h | 441.94 | −0.156% | $373K | $110K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 442.33 | −0.069% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 442.33 | −0.068% | $2.0M | $398K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.53 | −0.023% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDTshort | 0.0000% | 8h | 442.37 | −0.059% | $1.7M | $1.1M | 100x | |
| Bitget TSMUSDT | 0.0000% | 8h | 442.73 | +0.022% | $1.8M | $1.5M | 20x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 442.70 | +0.015% | $2K | $3.7M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 442.63 | 0.000% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 442.10 | −0.120% | $1.5M | $571K | 10x | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Bitget TSMUSDT
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TSM | +0.0030% | 8h | 442.47 | −0.036% | $554K | $44K | — | as long as short |
| Lighter TSM | +0.0032% | 1h | 442.56 | −0.016% | $498K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 442.60 | −0.007% | $203K | $692K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 443.95 | +0.298% | $6K | $38K | 12x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 442.23 | −0.091% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 442.27 | −0.082% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 442.25 | −0.086% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 442.21 | −0.095% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 442.44 | −0.043% | $161K | $36K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 442.10 | −0.120% | $268K | $487K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 442.54 | −0.021% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPlong | +0.0104% | 1h | 442.63 | long leg | $124 | — | 10x | |
| BloFin TSM-USDT | +0.0113% | 8h | 442.75 | +0.027% | $46K | $119K | 20x | as long as short |
| Extended TSM-USD | +0.0120% | 1h | 442.51 | −0.028% | $2K | $220K | 10x | as long as short |
| Binance TSMUSDT | +0.0123% | 8h | 442.68 | +0.010% | $13.2M | $9.0M | 20x | as long as short |
| Phoenix TSM | +0.0253% | 1h | 442.24 | −0.089% | $206K | $10K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0315% | 8h | 442.58 | −0.012% | $8K | $1.4M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0655% | 1h | 442.48 | −0.034% | $88 | $10K | 10x | as long as short |
Variational Omni TSM
Lighter TSM
Lighter RH TSM
Injective TSM/USDC PERP
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
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
Phoenix TSM
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL