After costs, if the gap returns to its 7d average, $10k−$221
spread now−0.016%7d average−0.045%fees + slippage, in and out−$224spread needed2.243%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TSMUSDT | 441.39 | 0 | get 0.0000% / 8h | 23m 27s | $2.0M | $312K | 50x |
| Short | KuCoin TSMUSDTM | 441.32 | 0.0100 | get 0.0100% / 8h | 23m 27s | $272K | $311K | 20x |
Bybit TSMUSDT
KuCoin TSMUSDTMPrice 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
- −$1.59
- Funding while held
- $3
- Slippage, 4 orders
- −$201.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$222.87
- Spread needed to break even
- 2.243%
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 35 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Bybit live order book, 5 min ago | 1.47 bp | 10.9 bp −$11 | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 11.13 bp | 82.8 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International441.07cheapestOndo Perps441.13+0.014%Vest441.24+0.039%tradeXYZ441.29+0.050%Polymarket Perps441.30+0.052%SoDEX441.30+0.052%
Coinbase International
Ondo Perps
Vest
tradeXYZ
Polymarket Perps
SoDEXKuCoin441.32+0.057%
Bybit441.39+0.073%
OKX441.45+0.086%Gate441.45+0.086%HTX441.51+0.100%Lighter441.57+0.113%Deribit441.57+0.113%Extended441.57+0.114%Lighter RH441.59+0.118%Orderly441.62+0.125%Bitget441.64+0.129%Aevo441.66+0.133%BloFin441.66+0.134%Variational Omni441.66+0.134%SunX441.67+0.136%edgeX441.68+0.137%Binance441.68+0.138%Phoenix441.70+0.143%Phemex441.80+0.166%Aster441.94+0.196%Injective446.02+1.122%
OKX
Gate
HTX
Lighter
Deribit
Extended
Lighter RH
Orderly
Bitget
Aevo
BloFin
Variational Omni
SunX
Binance
Phoenix
Phemex
Aster
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 | −0.072% | −0.0032% | 1h | $355K | $79K | 10x | as long as short |
| Ondo Perps TSM-USD.P | −0.059% | +0.0050% | 1h | $156K | $15K | 10x | as long as short |
| Vest TSM-USD-PERP | −0.034% | +0.0046% | 1h | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | −0.023% | +0.0050% | 1h | $10.3M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | −0.020% | +0.0050% | 1h | $179K | $51K | 10x | as long as short |
| SoDEX TSM-USD | −0.020% | +0.0050% | 1h | $146 | $3K | 10x | as long as short |
| KuCoin TSMUSDTMshort | −0.016% | +0.0100% | 8h | $272K | $311K | 20x | |
| Bybit TSMUSDTlong | 0.000% | 0.0000% | 8h | $2.0M | $312K | 50x | |
| OKX TSM-USDT-SWAP | +0.014% | 0.0000% | 8h | $3.7M | $2.3M | 20x | as long as short |
| Gate TSM_USDT | +0.014% | 0.0000% | 8h | $1.7M | $749K | 100x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX TSM-USDT | +0.027% | 0.0000% | 8h | $9K | $6K | 20x | as long as short |
| Lighter TSM | +0.041% | +0.0032% | 1h | $499K | $101K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.041% | +0.0316% | 1h | $4 | $61K | 10x | as long as short |
| Extended TSM-USD | +0.042% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Lighter RH TSM | +0.045% | +0.0032% | 1h | $231K | $1.1M | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.052% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Bitget TSMUSDT | +0.057% | +0.0116% | 8h | $1.9M | $1.1M | 20x | as long as short |
| Aevo TSM-PERP | +0.061% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| BloFin TSM-USDT | +0.061% | −0.0024% | 8h | $46K | $85K | 20x | as long as short |
| Variational Omni TSM | +0.062% | 0.0000% | 8h | $557K | $102K | — | as long as short |
| SunX TSM-USDT | +0.063% | 0.0000% | 8h | $1K | $5.1M | 10x | as long as short |
| edgeX TSMUSDC | +0.065% | +0.0336% | 4h | $48K | $215K | 10x | as long as short |
| Binance TSMUSDT | +0.065% | 0.0000% | 8h | $13.0M | $5.4M | 20x | as long as short |
| Phoenix TSM | +0.070% | +0.0200% | 1h | $215K | $5K | 10x | as long as short |
| Phemex TSMUSDT | +0.093% | 0.0000% | 8h | $1.5M | $362K | 10x | as long as short |
| Aster TSMUSDT | +0.124% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Injective TSM/USDC PERP | +1.049% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |