Spread before costs (cost unknown: a leg has no order-book sample)+0.061%
7d average—if it closes, per $10,000$6funding while held, a day+$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TSMUSDT | 442.65 | 0 | get 0.0000% / 8h | 6h 49m | $2.0M | $348K | 50x |
| Short | Aevo TSM-PERP | 442.92 | 0.0104 | get 0.0013% / 1h | 49m 05s | $124 | — | 10x |
Bybit TSMUSDT
Aevo TSM-PERPPrice 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
- $6.1
- Funding while held
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$17.78
- Spread needed to break even
- 0.270%
Slippage unknown: Bybit: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.12
- 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 Bybit live order book, 4 min ago | 1.69 bp | 10.4 bp −$10 | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International442.09cheapestSoDEX442.53+0.100%tradeXYZ442.55+0.104%Vest442.58+0.111%KuCoin442.60+0.115%Deribit442.60+0.115%Polymarket Perps442.63+0.122%Gate442.64+0.124%
Coinbase International
SoDEX
tradeXYZ
Vest
KuCoin
Deribit
Polymarket Perps
GateBybit442.65+0.127%
HTX442.67+0.131%Bitget442.77+0.154%Lighter RH442.80+0.161%OKX442.83+0.167%BloFin442.83+0.167%Ondo Perps442.84+0.170%Binance442.86+0.174%Orderly442.87+0.176%SunX442.88+0.179%
HTX
Bitget
Lighter RH
OKX
BloFin
Ondo Perps
Binance
Orderly
SunXAevo442.92+0.188%
Extended442.93+0.189%Variational Omni443.01+0.208%Phemex443.03+0.213%Phoenix443.14+0.238%Aster443.31+0.275%edgeX443.36+0.288%Lighter443.40+0.296%Injective447.58+1.242%
Extended
Variational Omni
Phemex
Phoenix
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 | −0.127% | −0.0048% | 1h | $357K | $84K | 10x | as long as short |
| SoDEX TSM-USD | −0.027% | +0.0050% | 1h | $148 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.023% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Vest TSM-USD-PERP | −0.016% | +0.0046% | 1h | — | — | 25x | as long as short |
| KuCoin TSMUSDTM | −0.011% | +0.0100% | 8h | $272K | $301K | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.011% | 0.0000% | 1h | $97 | $61K | 10x | as long as short |
| Polymarket Perps TSM-USD | −0.005% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| Gate TSM_USDT | −0.002% | 0.0000% | 8h | $1.7M | $803K | 100x | as long as short |
| Bybit TSMUSDTlong | 0.000% | 0.0000% | 8h | $2.0M | $348K | 50x | |
| HTX TSM-USDT | +0.005% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | +0.027% | +0.0100% | 8h | $1.6M | $1.4M | 20x | as long as short |
| Lighter RH TSM | +0.034% | +0.0032% | 1h | $201K | $889K | 10x | as long as short |
| OKX TSM-USDT-SWAP | +0.041% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| BloFin TSM-USDT | +0.041% | +0.0010% | 8h | $45K | $90K | 20x | as long as short |
| Ondo Perps TSM-USD.P | +0.043% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| Binance TSMUSDT | +0.047% | 0.0000% | 8h | $13.1M | $6.0M | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.050% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| SunX TSM-USDT | +0.052% | 0.0000% | 8h | $2K | $5.3M | 10x | as long as short |
| Aevo TSM-PERPshort | +0.061% | +0.0104% | 1h | $124 | — | 10x | |
| Extended TSM-USD | +0.062% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Variational Omni TSM | +0.081% | 0.0000% | 8h | $559K | $81K | — | as long as short |
| Phemex TSMUSDT | +0.086% | 0.0000% | 8h | $1.5M | $398K | 10x | as long as short |
| Phoenix TSM | +0.111% | +0.0181% | 1h | $216K | $5K | 10x | as long as short |
| Aster TSMUSDT | +0.148% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| edgeX TSMUSDC | +0.161% | −0.0802% | 4h | $48K | $215K | 10x | as long as short |
| Lighter TSM | +0.169% | +0.0280% | 1h | $501K | $147K | 10x | as long as short |
| Injective TSM/USDC PERP | +1.114% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |