Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average—if it closes, per $10,000$0funding while held, a day−$1.61
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TSM-PERP | 442.43 | 0.0104 | pay 0.0013% / 1h | 47m 20s | $124 | — | 10x |
| Short | Ondo Perps TSM-USD.P | 442.42 | 0.0050 | get 0.0006% / 1h | 47m 20s | $157K | $17K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$0.29
- Funding while held
- −$1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$22.9
- Spread needed to break even
- 0.210%
Slippage unknown: Aevo: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0054%
- Per $10,000 a day
- −$1.61
- Average in range /8h
- —
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 Ondo Perps no order-book sample | — | — | — | — | — |
Aevo and Ondo Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.TSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin TSMUSDTM | −0.057% | +0.0100% | 8h | $271K | $312K | 20x | as long as short |
| SoDEX TSM-USD | −0.053% | +0.0050% | 1h | $149 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.046% | +0.0050% | 1h | $10.2M | $2.2M | 10x | as long as short |
| Vest TSM-USD-PERP | −0.039% | +0.0046% | 1h | — | — | 25x | as long as short |
| Gate TSM_USDT | −0.037% | 0.0000% | 8h | $1.7M | $832K | 100x | as long as short |
| Bybit TSMUSDT | −0.026% | 0.0000% | 8h | $2.0M | $354K | 50x | as long as short |
| Polymarket Perps TSM-USD | −0.023% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | −0.003% | +0.0050% | 1h | $157K | $17K | 10x | |
| Aevo TSM-PERPlong | 0.000% | +0.0104% | 1h | $124 | — | 10x | |
| SunX TSM-USDT | +0.002% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
KuCoin
SoDEX
tradeXYZ
Gate
Bybit
Polymarket Perps
SunX
OKX
Extended
Bitget
Binance
Deribit
Phemex
BloFin
Lighter RH
HTX
Coinbase International
Phoenix
Variational Omni
Aster
Lighter
Injective