Spread before costs (cost unknown: a leg has no order-book sample)−0.013%
7d average—if it closes, per $10,000$1funding while held, a day−$12.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TSM_USDC-PERPETUAL | 441.04 | 0.0408 | pay 0.0051% / 1h | 42m 06s | $4 | $60K | 10x |
| Short | Aster TSMUSDT | 440.98 | 0 | get 0.0000% / 8h | 42m 06s | $81K | $1K | 20x |
Deribit TSM_USDC-PERPETUAL
Aster 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
- −$1.33
- Funding while held
- −$12.24
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$28.57
- Spread needed to break even
- 0.150%
Slippage unknown: Deribit: no order-book sample; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0408%
- Per $10,000 a day
- −$12.24
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Deribit and 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.Vest440.64cheapestPolymarket Perps440.71+0.016%tradeXYZ440.75+0.025%SoDEX440.75+0.025%KuCoin440.76+0.027%Gate440.85+0.048%Bybit440.90+0.059%
Vest
Polymarket Perps
tradeXYZ
SoDEX
KuCoin
Gate
BybitAster440.98+0.077%
Lighter RH440.99+0.079%OKX441.00+0.082%Lighter441.01+0.084%Bitget441.01+0.084%Orderly441.02+0.086%
Lighter RH
OKX
Lighter
Bitget
OrderlyDeribit441.04+0.091%
HTX441.05+0.093%Extended441.05+0.093%Aevo441.06+0.095%Coinbase International441.07+0.098%SunX441.13+0.111%Binance441.15+0.116%Phemex441.15+0.116%BloFin441.24+0.136%Ondo Perps441.33+0.157%Phoenix441.36+0.163%edgeX441.58+0.214%Variational Omni441.62+0.222%Injective446.02+1.221%
HTX
Extended
Aevo
Coinbase International
SunX
Binance
Phemex
BloFin
Ondo Perps
Phoenix
Variational Omni
InjectiveTSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest TSM-USD-PERP | −0.091% | +0.0046% | 1h | — | — | 25x | as long as short |
| Polymarket Perps TSM-USD | −0.075% | +0.0050% | 1h | $179K | $51K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.066% | +0.0050% | 1h | $10.3M | $2.0M | 10x | as long as short |
| SoDEX TSM-USD | −0.066% | +0.0050% | 1h | $147 | $3K | 10x | as long as short |
| KuCoin TSMUSDTM | −0.063% | +0.0100% | 8h | $271K | $314K | 20x | as long as short |
| Gate TSM_USDT | −0.043% | 0.0000% | 8h | $1.7M | $739K | 100x | as long as short |
| Bybit TSMUSDT | −0.032% | 0.0000% | 8h | $2.0M | $311K | 50x | as long as short |
| Aster TSMUSDTshort | −0.013% | 0.0000% | 8h | $81K | $1K | 20x | |
| Lighter RH TSM | −0.011% | +0.0032% | 1h | $232K | $1.1M | 10x | as long as short |
| OKX TSM-USDT-SWAP | −0.009% | 0.0000% | 8h | $3.8M | $2.2M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter TSM | −0.007% | +0.0032% | 1h | $498K | $101K | 10x | as long as short |
| Bitget TSMUSDT | −0.007% | +0.0111% | 8h | $1.7M | $956K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | −0.005% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Deribit TSM_USDC-PERPETUALlong | 0.000% | +0.0408% | 1h | $4 | $60K | 10x | |
| HTX TSM-USDT | +0.002% | 0.0000% | 8h | $9K | $6K | 20x | as long as short |
| Extended TSM-USD | +0.002% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Aevo TSM-PERP | +0.004% | +0.0104% | 1h | $123 | — | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.007% | −0.0032% | 1h | $355K | $79K | 10x | as long as short |
| SunX TSM-USDT | +0.020% | 0.0000% | 8h | $2K | $5.0M | 10x | as long as short |
| Binance TSMUSDT | +0.025% | 0.0000% | 8h | $13.0M | $5.3M | 20x | as long as short |
| Phemex TSMUSDT | +0.025% | 0.0000% | 8h | $1.5M | $358K | 10x | as long as short |
| BloFin TSM-USDT | +0.045% | +0.0004% | 8h | $45K | $84K | 20x | as long as short |
| Ondo Perps TSM-USD.P | +0.066% | +0.0050% | 1h | $156K | $14K | 10x | as long as short |
| Phoenix TSM | +0.073% | +0.0200% | 1h | $215K | $5K | 10x | as long as short |
| edgeX TSMUSDC | +0.123% | +0.0217% | 4h | $47K | $216K | 10x | as long as short |
| Variational Omni TSM | +0.131% | 0.0000% | 8h | $556K | $102K | — | as long as short |
| Injective TSM/USDC PERP | +1.129% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |