After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.010%7d average+0.004%fees + slippage, in and out−$37spread needed0.366%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TSMUSDC | 442.82 | 0.0955 | pay 0.0477% / 4h | 1h 52m | $48K | $215K | 10x |
| Short | Binance TSMUSDT | 442.87 | 0 | get 0.0000% / 8h | 5h 52m | $13.1M | $6.2M | 20x |
Price 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
- $1.04
- Funding while held
- −$28.65
- Slippage, 4 orders
- −$17.55
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$64.16
- Spread needed to break even
- 0.366%
Slippage from edgeX: live order book, 46 min ago; Binance: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0955%
- Per $10,000 a day
- −$28.65
- 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 edgeX live order book, 46 min ago | 5.88 bp | 10.5 bp −$11 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.11 bp | 7.5 bp −$8 | 15.1 bp −$151 | 81.0 bp −$8,100 | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.TSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps TSM-USD.P | −0.094% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| SoDEX TSM-USD | −0.064% | +0.0050% | 1h | $150 | $3K | 10x | as long as short |
| KuCoin TSMUSDTM | −0.057% | +0.0100% | 8h | $271K | $311K | 20x | as long as short |
| Vest TSM-USD-PERP | −0.057% | +0.0046% | 1h | — | — | 25x | as long as short |
| Polymarket Perps TSM-USD | −0.051% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.048% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Bybit TSMUSDT | −0.039% | 0.0000% | 8h | $2.0M | $354K | 50x | as long as short |
| Gate TSM_USDT | −0.039% | 0.0000% | 8h | $1.7M | $832K | 100x | as long as short |
| HTX TSM-USDT | −0.039% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| Bitget TSMUSDT | −0.037% | +0.0099% | 8h | $1.6M | $1.4M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.030% | −0.0040% | 1h | $357K | $88K | 10x | as long as short |
| BloFin TSM-USDT | −0.003% | +0.0024% | 8h | $45K | $94K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | −0.001% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.001% | +0.0134% | 1h | $97 | $61K | 10x | as long as short |
| edgeX TSMUSDClong | 0.000% | +0.0955% | 4h | $48K | $215K | 10x | |
| OKX TSM-USDT-SWAP | +0.001% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| SunX TSM-USDT | +0.004% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
| Lighter RH TSM | +0.010% | +0.0032% | 1h | $204K | $710K | 10x | as long as short |
| Extended TSM-USD | +0.010% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Binance TSMUSDTshort | +0.010% | 0.0000% | 8h | $13.1M | $6.2M | 20x | |
| Aevo TSM-PERP | +0.013% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Phemex TSMUSDT | +0.026% | 0.0000% | 8h | $1.5M | $412K | 10x | as long as short |
| Variational Omni TSM | +0.057% | 0.0000% | 8h | $559K | $81K | — | as long as short |
| Phoenix TSM | +0.058% | +0.0199% | 1h | $215K | $5K | 10x | as long as short |
| Aster TSMUSDT | +0.110% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Lighter TSM | +0.146% | +0.0464% | 1h | $501K | $152K | 10x | as long as short |
| Injective TSM/USDC PERP | +1.056% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |
Binance TSMUSDT
SoDEX
KuCoin
Polymarket Perps
tradeXYZ
Bybit
Gate
HTX
Bitget
Coinbase International
BloFin
Deribit
OKX
SunX
Lighter RH
Extended
Phemex
Variational Omni
Phoenix
Aster
Lighter
Injective