Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average−0.005%if it closes, per $10,000$0funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSMUSDT | 442.94 | 0 | get 0.0000% / 8h | 6h 08m | $13.1M | $6.1M | 20x |
| Short | Variational Omni TSM | 442.93 | 0 | get 0.0000% / 8h | 6h 08m | $559K | $81K | — |
Binance TSMUSDT
Variational Omni TSMPrice 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
- −$0.31
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.31
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 4 min ago; Variational Omni: RFQ quote, 32 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 Binance live order book, 4 min ago | 0.11 bp | 6.9 bp −$7 | 16.7 bp −$167 | 70.7 bp −$7,071 | doesn't fit |
| Sell Variational Omni RFQ quote, 32 min ago | 2.70 bp | doesn't fit | 24.1 bp −$241 | doesn't fit | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International442.62cheapestKuCoin442.65+0.007%Ondo Perps442.71+0.020%Bybit442.73+0.025%tradeXYZ442.75+0.029%Gate442.77+0.034%HTX442.79+0.038%Polymarket Perps442.80+0.041%SoDEX442.80+0.041%Vest442.86+0.054%Phoenix442.88+0.059%Bitget442.89+0.061%BloFin442.90+0.063%edgeX442.93+0.069%
Coinbase International
KuCoin
Ondo Perps
Bybit
tradeXYZ
Gate
HTX
Polymarket Perps
SoDEX
Vest
Phoenix
Bitget
BloFinVariational Omni442.93+0.070%
OKX442.93+0.070%Deribit442.94+0.072%
OKX
DeribitBinance442.94+0.073%
Extended442.96+0.077%SunX442.97+0.079%Aevo443.01+0.088%Orderly443.01+0.088%Lighter RH443.06+0.099%Phemex443.10+0.108%Aster443.40+0.177%Lighter443.47+0.192%Injective446.67+0.915%
Extended
SunX
Aevo
Orderly
Lighter RH
Phemex
Aster
Lighter
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 | −0.073% | −0.0048% | 1h | $357K | $87K | 10x | as long as short |
| KuCoin TSMUSDTM | −0.066% | +0.0100% | 8h | $271K | $302K | 20x | as long as short |
| Ondo Perps TSM-USD.P | −0.052% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| Bybit TSMUSDT | −0.048% | 0.0000% | 8h | $2.0M | $354K | 50x | as long as short |
| tradeXYZ xyz:TSM | −0.043% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Gate TSM_USDT | −0.039% | 0.0000% | 8h | $1.7M | $832K | 100x | as long as short |
| HTX TSM-USDT | −0.034% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| Polymarket Perps TSM-USD | −0.032% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| SoDEX TSM-USD | −0.032% | +0.0050% | 1h | $150 | $3K | 10x | as long as short |
| Vest TSM-USD-PERP | −0.018% | +0.0046% | 1h | — | — | 25x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix TSM | −0.014% | +0.0181% | 1h | $215K | $5K | 10x | as long as short |
| Bitget TSMUSDT | −0.012% | +0.0106% | 8h | $1.7M | $1.4M | 20x | as long as short |
| BloFin TSM-USDT | −0.009% | +0.0009% | 8h | $45K | $93K | 20x | as long as short |
| edgeX TSMUSDC | −0.003% | −0.0445% | 4h | $48K | $215K | 10x | as long as short |
| Variational Omni TSMshort | −0.003% | 0.0000% | 8h | $559K | $81K | — | |
| OKX TSM-USDT-SWAP | −0.003% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.000% | +0.0044% | 1h | $97 | $61K | 10x | as long as short |
| Binance TSMUSDTlong | 0.000% | 0.0000% | 8h | $13.1M | $6.1M | 20x | |
| Extended TSM-USD | +0.004% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| SunX TSM-USDT | +0.006% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
| Aevo TSM-PERP | +0.015% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.015% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Lighter RH TSM | +0.027% | +0.0032% | 1h | $205K | $902K | 10x | as long as short |
| Phemex TSMUSDT | +0.036% | 0.0000% | 8h | $1.5M | $408K | 10x | as long as short |
| Aster TSMUSDT | +0.104% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Lighter TSM | +0.119% | +0.0384% | 1h | $501K | $152K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.842% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |