Spread before costs (cost unknown: a leg has no order-book sample)−0.051%
7d average+0.017%if it closes, per $10,000$5funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TSM-USD | 443.35 | 0 | get 0.0000% / 1h | 52m 27s | $2K | $167K | 10x |
| Short | Variational Omni TSM | 443.12 | 0 | get 0.0000% / 8h | 6h 52m | $559K | $81K | — |
Extended TSM-USD
Variational Omni TSMPrice 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
- −$5.07
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.07
- Spread needed to break even
- 0.050%
Slippage unknown: Extended: live order book, 51 min ago; Variational Omni: RFQ quote, 53 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Extended live order book, 51 min ago | 2.15 bp | 10.1 bp −$10 | 99.4 bp −$994 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 2.70 bp | doesn't fit | 23.3 bp −$233 | doesn't fit | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International442.09cheapestOndo Perps442.85+0.172%HTX442.94+0.192%KuCoin442.95+0.195%Polymarket Perps442.97+0.199%SoDEX443.05+0.217%Vest443.08+0.224%tradeXYZ443.09+0.226%Bybit443.10+0.228%
Coinbase International
Ondo Perps
HTX
KuCoin
Polymarket Perps
SoDEX
Vest
tradeXYZ
BybitVariational Omni443.12+0.234%
Phoenix443.16+0.242%Gate443.17+0.244%Bitget443.17+0.244%edgeX443.19+0.248%OKX443.22+0.256%Deribit443.26+0.265%Binance443.29+0.271%Aevo443.31+0.277%Lighter RH443.32+0.278%Orderly443.33+0.280%
Phoenix
Gate
Bitget
OKX
Deribit
Binance
Aevo
Lighter RH
OrderlyExtended443.35+0.285%
SunX443.36+0.287%Phemex443.42+0.301%BloFin443.53+0.326%Aster443.78+0.383%Lighter443.81+0.389%Injective447.58+1.242%
SunX
Phemex
BloFin
Aster
Lighter
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 | −0.284% | −0.0048% | 1h | $357K | $84K | 10x | as long as short |
| Ondo Perps TSM-USD.P | −0.113% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| HTX TSM-USDT | −0.092% | 0.0000% | 8h | $9K | $7K | 20x | as long as short |
| KuCoin TSMUSDTM | −0.090% | +0.0100% | 8h | $272K | $301K | 20x | as long as short |
| Polymarket Perps TSM-USD | −0.086% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| SoDEX TSM-USD | −0.068% | +0.0050% | 1h | $148 | $3K | 10x | as long as short |
| Vest TSM-USD-PERP | −0.061% | +0.0046% | 1h | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | −0.059% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Bybit TSMUSDT | −0.056% | 0.0000% | 8h | $2.0M | $348K | 50x | as long as short |
| Variational Omni TSMshort | −0.051% | 0.0000% | 8h | $559K | $81K | — |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix TSM | −0.043% | +0.0181% | 1h | $216K | $5K | 10x | as long as short |
| Gate TSM_USDT | −0.041% | 0.0000% | 8h | $1.8M | $802K | 100x | as long as short |
| Bitget TSMUSDT | −0.041% | +0.0099% | 8h | $1.6M | $1.4M | 20x | as long as short |
| edgeX TSMUSDC | −0.037% | +0.0125% | 4h | $48K | $215K | 10x | as long as short |
| OKX TSM-USDT-SWAP | −0.029% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.020% | +0.0179% | 1h | $98 | $61K | 10x | as long as short |
| Binance TSMUSDT | −0.013% | 0.0000% | 8h | $13.1M | $6.0M | 20x | as long as short |
| Aevo TSM-PERP | −0.008% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Lighter RH TSM | −0.007% | +0.0032% | 1h | $201K | $887K | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | −0.004% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Extended TSM-USDlong | 0.000% | 0.0000% | 1h | $2K | $167K | 10x | |
| SunX TSM-USDT | +0.002% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
| Phemex TSMUSDT | +0.016% | 0.0000% | 8h | $1.5M | $396K | 10x | as long as short |
| BloFin TSM-USDT | +0.041% | +0.0007% | 8h | $45K | $90K | 20x | as long as short |
| Aster TSMUSDT | +0.098% | 0.0000% | 8h | $82K | $1K | 20x | as long as short |
| Lighter TSM | +0.104% | +0.0096% | 1h | $501K | $140K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.954% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |