Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.041%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it 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 | HTX TSM-USDT | 439.71 | 0 | get 0.0000% / 8h | 1h 00m | $9K | $8K | 20x |
| Short | Bybit TSMUSDT | 439.53 | 0 | get 0.0000% / 8h | 1h 00m | $2.0M | $399K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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
- $0
- Price spread: −0.041% → 0.000%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$27.09
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 2 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.25 bp | 12.9 bp −$13 | 70.1 bp −$701 | doesn't fit | doesn't fit |
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 venues
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 | −0.0835% | 4h | 439.71 | 0.000% | $47K | $217K | 10x | as long as short |
| Bitget TSMUSDT | −0.0171% | 8h | 439.85 | +0.032% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.93 | +0.049% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDTshort | 0.0000% | 8h | 439.53 | −0.041% | $2.0M | $399K | 50x | |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.78 | +0.016% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.65 | −0.014% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.72 | +0.002% | $559K | $38K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.80 | +0.020% | $1K | $4.1M | 10x | as long as short |
| HTX TSM-USDTlong | 0.0000% | 8h | 439.71 | long leg | $9K | $8K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 440.60 | +0.202% | $1.5M | $524K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 440.19 | +0.109% | $496K | $169K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.60 | −0.025% | $221K | $733K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.45 | −0.059% | — | $2K | 25x | as long as short |
| BloFin TSM-USDT | +0.0046% | 8h | 439.79 | +0.018% | $45K | $106K | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0046% | 1h | 439.68 | −0.007% | $97 | $25K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0048% | 1h | 439.33 | −0.086% | $366K | $102K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.24 | −0.107% | $10.2M | $1.7M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.51 | −0.045% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.48 | −0.052% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.63 | −0.018% | $158K | $27K | 10x | as long as short |
| Binance TSMUSDT | +0.0069% | 8h | 439.80 | +0.020% | $12.9M | $7.9M | 20x | as long as short |
| Extended TSM-USD | +0.0072% | 1h | 439.68 | −0.007% | $3K | $145K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0080% | 8h | 439.84 | +0.030% | $6K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.45 | −0.059% | $266K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.74 | +0.007% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.76 | +0.011% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0164% | 1h | 439.68 | −0.007% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.27 | +1.037% | $6K | $38K | 12x | as long as short |
HTX TSM-USDT
Bybit TSMUSDT
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
Deribit TSM_USDC-PERPETUAL
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP