Spread before costs (cost unknown: a leg has no order-book sample)−0.102%
7d average—if it closes, per $10,000$10funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TSMUSDT | 443.42 | 0 | get 0.0000% / 8h | 7h 01m | $81K | $1K | 20x |
| Short | Binance TSMUSDT | 442.97 | 0 | get 0.0000% / 8h | 7h 01m | $13.1M | $5.9M | 20x |
Aster TSMUSDT
Binance TSMUSDTPrice 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
- −$10.22
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.22
- Spread needed to break even
- 0.180%
Slippage unknown: Aster: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 0.79 bp | 8.0 bp −$8 | 19.8 bp −$198 | doesn't fit | doesn't fit |
Aster: 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.Coinbase International442.09cheapestVest442.47+0.086%Phoenix442.48+0.088%Ondo Perps442.49+0.090%HTX442.55+0.104%tradeXYZ442.65+0.127%Variational Omni442.66+0.129%SoDEX442.66+0.129%Bybit442.67+0.131%KuCoin442.67+0.131%Polymarket Perps442.70+0.138%edgeX442.72+0.143%Gate442.79+0.158%Bitget442.84+0.170%OKX442.90+0.183%Lighter RH442.91+0.185%Deribit442.91+0.185%Orderly442.93+0.190%BloFin442.95+0.195%
Coinbase International
Vest
Phoenix
Ondo Perps
HTX
tradeXYZ
Variational Omni
SoDEX
Bybit
KuCoin
Polymarket Perps
Gate
Bitget
OKX
Lighter RH
Deribit
Orderly
BloFinBinance442.97+0.199%
Aevo442.97+0.199%SunX443.00+0.206%Extended443.00+0.206%Phemex443.06+0.219%Lighter443.34+0.283%
Aevo
SunX
Extended
Phemex
LighterAster443.42+0.302%
Injective447.28+1.174%
InjectiveTSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.301% | −0.0024% | 1h | $357K | $84K | 10x | as long as short |
| Vest TSM-USD-PERP | −0.215% | +0.0046% | 1h | — | — | 25x | as long as short |
| Phoenix TSM | −0.213% | +0.0200% | 1h | $215K | $5K | 10x | as long as short |
| Ondo Perps TSM-USD.P | −0.210% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| HTX TSM-USDT | −0.197% | 0.0000% | 8h | $9K | $7K | 20x | as long as short |
| tradeXYZ xyz:TSM | −0.174% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Variational Omni TSM | −0.172% | 0.0000% | 8h | $558K | $81K | — | as long as short |
| SoDEX TSM-USD | −0.172% | +0.0050% | 1h | $146 | $3K | 10x | as long as short |
| Bybit TSMUSDT | −0.170% | 0.0000% | 8h | $2.0M | $347K | 50x | as long as short |
| KuCoin TSMUSDTM | −0.170% | +0.0100% | 8h | $272K | $302K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps TSM-USD | −0.163% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| edgeX TSMUSDC | −0.158% | +0.0195% | 4h | $48K | $215K | 10x | as long as short |
| Gate TSM_USDT | −0.143% | 0.0000% | 8h | $1.7M | $810K | 100x | as long as short |
| Bitget TSMUSDT | −0.131% | +0.0106% | 8h | $1.6M | $1.4M | 20x | as long as short |
| OKX TSM-USDT-SWAP | −0.118% | 0.0000% | 8h | $3.9M | $2.7M | 20x | as long as short |
| Lighter RH TSM | −0.116% | +0.0032% | 1h | $201K | $984K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.116% | +0.0224% | 1h | $97 | $61K | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | −0.111% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| BloFin TSM-USDT | −0.107% | +0.0012% | 8h | $45K | $89K | 20x | as long as short |
| Binance TSMUSDTshort | −0.102% | 0.0000% | 8h | $13.1M | $5.9M | 20x | |
| Aevo TSM-PERP | −0.102% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| SunX TSM-USDT | −0.095% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
| Extended TSM-USD | −0.095% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Phemex TSMUSDT | −0.082% | 0.0000% | 8h | $1.5M | $394K | 10x | as long as short |
| Lighter TSM | −0.019% | +0.0032% | 1h | $501K | $128K | 10x | as long as short |
| Aster TSMUSDTlong | 0.000% | 0.0000% | 8h | $81K | $1K | 20x | |
| Injective TSM/USDC PERP | +0.870% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |