Funding you earn now, next payment 20:00 UTC+0.0208%/8hpaid last 24h +0.044%
Price spread now: Lighter against HTX+0.144%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.144% dearer against HTX than usual: you sell high and buy low: +$14 more if the spread 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 | 444.01 | 0 | get 0.0000% / 8h | 4h 53m | $9K | $8K | 20x |
| Short | Lighter TSM | 444.65 | 0.0208 | get 0.0026% / 1h | 53m 45s | $502K | $154K | 10x |
HTX TSM-USDT
Lighter TSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $43.68
- Price spread: +0.144% → 0.000%
- $14.41
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $46.09
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; Lighter: live order book, 37 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 Lighter live order book, 37 min ago | 6.65 bp | 8.2 bp −$8 | 25.8 bp −$258 | 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 27 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 | −0.0562% | 4h | 444.11 | +0.022% | $48K | $214K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0040% | 1h | 442.69 | −0.297% | $357K | $88K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 444.62 | +0.136% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 444.12 | +0.024% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 444.15 | +0.031% | $13.1M | $6.3M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 443.99 | −0.005% | $2.0M | $361K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.04 | +0.007% | $3.9M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 443.95 | −0.014% | $1.7M | $862K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.15 | +0.031% | $560K | $78K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.15 | +0.032% | $1K | $5.3M | 10x | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TSM-USDTlong | 0.0000% | 8h | 444.01 | long leg | $9K | $8K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 444.24 | +0.052% | $1.5M | $425K | 10x | as long as short |
| BloFin TSM-USDT | +0.0013% | 8h | 443.96 | −0.011% | $45K | $97K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.33 | +0.072% | $204K | $670K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0043% | 1h | 444.11 | +0.023% | $4 | $61K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 444.00 | −0.002% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.94 | −0.016% | $10.3M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 443.89 | −0.027% | $187K | $82K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.94 | −0.016% | $149 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 443.49 | −0.117% | $157K | $17K | 10x | as long as short |
| Bitget TSMUSDT | +0.0072% | 8h | 444.09 | +0.018% | $1.6M | $1.4M | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.01 | 0.000% | $272K | $320K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.22 | +0.047% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.17 | +0.036% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0162% | 1h | 444.02 | +0.002% | $216K | $5K | 10x | as long as short |
| Lighter TSMshort | +0.0208% | 1h | 444.65 | +0.144% | $502K | $154K | 10x | |
| Injective TSM/USDC PERP | +0.0220% | 1h | 448.52 | +1.016% | $7K | $38K | 12x | as long as short |
Phemex TSMUSDT
BloFin TSM-USDT
Lighter RH TSM
Deribit TSM_USDC-PERPETUAL
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Bitget TSMUSDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP