Funding you earn now, next payment 10:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h 0.000%
Price spread now: HTX against Coinbase International+0.184%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.184% dearer against Coinbase International than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TSM-PERP-INTX | 441.37 | −0.0056 | get 0.0007% / 1h | 44m 39s | $373K | $109K | 10x |
| Short | HTX TSM-USDT | 442.18 | 0 | get 0.0000% / 8h | 5h 44m | $9K | $8K | 20x |
Coinbase International TSM-PERP-INTX
HTX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Coinbase International. 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
- $11.76
- Price spread: +0.184% → 0.000%
- $18.35
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $8.11
- Costs to cover
- 0.220%
- Break-even
- 2.2 days
Slippage unknown: Coinbase International: live order book, 1 min ago; HTX: 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 Coinbase International live order book, 1 min ago | 5.77 bp | 10.8 bp −$11 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0801% | 4h | 442.44 | +0.243% | $48K | $217K | 10x | as long as short |
| Coinbase International TSM-PERP-INTXlong | −0.0056% | 1h | 441.37 | long leg | $373K | $109K | 10x | |
| Aster TSMUSDT | 0.0000% | 8h | 442.28 | +0.206% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.96 | +0.134% | $2.0M | $394K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.16 | +0.179% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.98 | +0.138% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 442.20 | +0.188% | $1.8M | $1.5M | 20x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 442.04 | +0.152% | $1K | $3.8M | 10x | as long as short |
| HTX TSM-USDTshort | 0.0000% | 8h | 442.18 | +0.184% | $9K | $8K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 441.68 | +0.070% | $1.5M | $562K | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
SunX TSM-USDT
Phemex TSMUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 442.20 | +0.188% | $498K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 442.17 | +0.181% | $198K | $687K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 443.95 | +0.585% | $6K | $38K | 12x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 441.86 | +0.111% | — | $2K | 25x | as long as short |
| Variational Omni TSM | +0.0049% | 8h | 442.20 | +0.189% | $554K | $44K | — | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.87 | +0.113% | $10.1M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.57 | +0.045% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.86 | +0.111% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.40 | +0.007% | $156K | $31K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.96 | +0.134% | $269K | $448K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 442.10 | +0.165% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.88 | +0.114% | $124 | — | 10x | as long as short |
| Extended TSM-USD | +0.0120% | 1h | 441.99 | +0.139% | $1K | $217K | 10x | as long as short |
| Binance TSMUSDT | +0.0123% | 8h | 442.13 | +0.172% | $13.0M | $8.5M | 20x | as long as short |
| BloFin TSM-USDT | +0.0130% | 8h | 442.20 | +0.188% | $45K | $117K | 20x | as long as short |
| Phoenix TSM | +0.0253% | 1h | 442.43 | +0.240% | $210K | $10K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0411% | 8h | 442.50 | +0.257% | $8K | $1.3M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0588% | 1h | 441.93 | +0.127% | $97 | $10K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Injective TSM/USDC PERP
Vest TSM-USD-PERP
Variational Omni TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Extended TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
Phoenix TSM
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL