Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average−0.047%if it closes, per $10,000$5funding while held, a day+$1.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TSM-USD | 441.60 | 0.0008 | pay 0.0001% / 1h | 37m 36s | $2K | $167K | 10x |
| Short | Ondo Perps TSM-USD.P | 441.39 | 0.0050 | get 0.0006% / 1h | 37m 36s | $157K | $16K | 10x |
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
- −$4.78
- Funding while held
- $1.27
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$13.51
- Spread needed to break even
- 0.100%
Slippage unknown: Extended: live order book, 6 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.27
- 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 Extended live order book, 6 min ago | 2.15 bp | 10.1 bp −$10 | 99.4 bp −$994 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.TSM 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 | −0.166% | −0.0024% | 1h | $357K | $82K | 10x | as long as short |
| Vest TSM-USD-PERP | −0.077% | +0.0046% | 1h | — | — | 25x | as long as short |
| SoDEX TSM-USD | −0.077% | +0.0050% | 1h | $146 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.068% | +0.0050% | 1h | $10.3M | $2.1M | 10x | as long as short |
| Phoenix TSM | −0.064% | +0.0200% | 1h | $215K | $5K | 10x | as long as short |
| Polymarket Perps TSM-USD | −0.055% | +0.0050% | 1h | $180K | $75K | 10x | as long as short |
| Bybit TSMUSDT | −0.050% | 0.0000% | 8h | $2.0M | $331K | 50x | as long as short |
| Ondo Perps TSM-USD.Pshort | −0.048% | +0.0050% | 1h | $157K | $16K | 10x | |
| KuCoin TSMUSDTM | −0.046% | +0.0100% | 8h | $271K | $305K | 20x | as long as short |
| Gate TSM_USDT | −0.039% | 0.0000% | 8h | $1.7M | $766K | 100x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TSM-USDT-SWAP | −0.027% | 0.0000% | 8h | $3.8M | $2.4M | 20x | as long as short |
| Bitget TSMUSDT | −0.023% | +0.0139% | 8h | $1.7M | $1.3M | 20x | as long as short |
| Lighter RH TSM | −0.005% | +0.0032% | 1h | $225K | $947K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.003% | +0.0226% | 1h | $4 | $61K | 10x | as long as short |
| HTX TSM-USDT | −0.003% | 0.0000% | 8h | $9K | $7K | 20x | as long as short |
| SunX TSM-USDT | 0.000% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
| BloFin TSM-USDT | 0.000% | −0.0019% | 8h | $45K | $88K | 20x | as long as short |
| Extended TSM-USDlong | 0.000% | +0.0008% | 1h | $2K | $167K | 10x | |
| Binance TSMUSDT | +0.004% | +0.0008% | 8h | $13.0M | $5.8M | 20x | as long as short |
| Aevo TSM-PERP | +0.004% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Lighter TSM | +0.011% | +0.0032% | 1h | $499K | $101K | 10x | as long as short |
| edgeX TSMUSDC | +0.012% | +0.0827% | 4h | $48K | $215K | 10x | as long as short |
| Variational Omni TSM | +0.013% | 0.0000% | 8h | $557K | $81K | — | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.016% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Phemex TSMUSDT | +0.016% | 0.0000% | 8h | $1.5M | $384K | 10x | as long as short |
| Aster TSMUSDT | +0.101% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Injective TSM/USDC PERP | +1.035% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |
Extended TSM-USD
Coinbase International
SoDEX
tradeXYZ
Phoenix
Polymarket Perps
Bybit
KuCoin
Gate
OKX
Bitget
Lighter RH
Deribit
HTX
SunX
BloFin
Binance
Lighter
Variational Omni
Phemex
Aster
Injective