Funding you earn now, next payment 03:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against Aevo−0.057%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.057% 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 | 443.87 | 0.0104 | pay 0.0013% / 1h | 51m 42s | $124 | — | 10x |
| Short | Vest TSM-USD-PERP | 443.62 | 0.0046 | get 0.0006% / 1h | 51m 42s | — | $583 | 25x |
Aevo TSM-PERP
Vest TSM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$12.25
- Price spread: −0.057% → 0.000%
- −$5.73
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$35.98
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Aevo and 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 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDT | 0.0000% | 8h | 444.18 | +0.068% | $82K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 443.61 | −0.060% | $2.0M | $391K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 443.79 | −0.019% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 443.78 | −0.021% | $1.7M | $932K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 443.96 | +0.019% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 443.57 | −0.068% | $549K | $61K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.03 | +0.035% | $2K | $4.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 443.76 | −0.026% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.12 | +0.055% | $1.5M | $441K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 443.83 | −0.010% | $222K | $644K | 10x | as long as short |
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 RH TSMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest TSM-USD-PERPshort | +0.0046% | 1h | 443.62 | −0.057% | — | $583 | 25x | |
| Extended TSM-USD | +0.0048% | 1h | 443.86 | −0.003% | $1K | $197K | 10x | as long as short |
| Binance TSMUSDT | +0.0050% | 8h | 443.99 | +0.025% | $13.1M | $6.8M | 20x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.47 | −0.091% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 443.66 | −0.048% | $196K | $51K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.48 | −0.089% | $137 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 443.41 | −0.105% | $160K | $23K | 10x | as long as short |
| Lighter TSM | +0.0064% | 1h | 444.07 | +0.044% | $501K | $173K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 443.49 | −0.087% | $269K | $320K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 443.95 | +0.017% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPlong | +0.0104% | 1h | 443.87 | long leg | $124 | — | 10x | |
| Coinbase International TSM-PERP-INTX | +0.0152% | 1h | 443.28 | −0.134% | $370K | $107K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0196% | 8h | 443.61 | −0.060% | $8K | $1.1M | 10x | as long as short |
| Phoenix TSM | +0.0217% | 1h | 443.63 | −0.055% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.81 | +0.887% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0223% | 1h | 443.86 | −0.003% | $4 | $24K | 10x | as long as short |
| edgeX TSMUSDC | +0.0791% | 4h | 443.59 | −0.065% | $48K | $216K | 10x | as long as short |
Extended TSM-USD
Binance TSMUSDT
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Lighter TSM
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Coinbase International TSM-PERP-INTX
GRVT TSM_USDT_Perp
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC