Spread before costs (cost unknown: a leg has no order-book sample)+0.287%
7d average—if it closes, per $10,000$29funding while held, a day−$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps TSM-USD.P | 440.72 | 0.0050 | pay 0.0006% / 1h | 37m 47s | $155K | $14K | 10x |
| Short | Aster TSMUSDT | 441.98 | 0 | get 0.0000% / 8h | 37m 47s | $81K | $1K | 20x |
Ondo Perps TSM-USD.P
Aster TSMUSDTPrice 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
- $28.66
- Funding while held
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $14.15
- Spread needed to break even
- 0.130%
Slippage unknown: Ondo Perps: no order-book sample; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.51
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Ondo Perps and Aster: 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.Ondo Perps440.72cheapest
Phoenix440.92+0.045%Polymarket Perps440.94+0.050%Vest440.95+0.052%SoDEX441.05+0.075%Coinbase International441.07+0.079%HTX441.09+0.084%edgeX441.12+0.091%Variational Omni441.13+0.093%tradeXYZ441.14+0.095%Gate441.16+0.100%KuCoin441.21+0.111%Aevo441.28+0.126%Orderly441.31+0.134%Lighter441.32+0.136%BloFin441.33+0.138%Deribit441.34+0.141%Bybit441.36+0.145%Bitget441.37+0.147%Phemex441.38+0.150%OKX441.40+0.154%Lighter RH441.41+0.157%SunX441.44+0.163%Binance441.48+0.172%Extended441.54+0.185%
Phoenix
Polymarket Perps
Vest
SoDEX
Coinbase International
HTX
Variational Omni
tradeXYZ
Gate
KuCoin
Aevo
Orderly
Lighter
BloFin
Deribit
Bybit
Bitget
Phemex
OKX
Lighter RH
SunX
Binance
ExtendedAster441.98+0.287%
Injective446.02+1.203%
InjectiveTSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps TSM-USD.Plong | 0.000% | +0.0050% | 1h | $155K | $14K | 10x | |
| Phoenix TSM | +0.045% | +0.0200% | 1h | $214K | $5K | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.050% | +0.0050% | 1h | $179K | $51K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.052% | +0.0046% | 1h | — | — | 25x | as long as short |
| SoDEX TSM-USD | +0.075% | +0.0050% | 1h | $147 | $3K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.079% | −0.0032% | 1h | $355K | $79K | 10x | as long as short |
| HTX TSM-USDT | +0.084% | 0.0000% | 8h | $9K | $6K | 20x | as long as short |
| edgeX TSMUSDC | +0.091% | −0.0687% | 4h | $47K | $215K | 10x | as long as short |
| Variational Omni TSM | +0.093% | 0.0000% | 8h | $556K | $102K | — | as long as short |
| tradeXYZ xyz:TSM | +0.095% | +0.0050% | 1h | $10.3M | $2.0M | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate TSM_USDT | +0.100% | 0.0000% | 8h | $1.7M | $740K | 100x | as long as short |
| KuCoin TSMUSDTM | +0.111% | +0.0100% | 8h | $271K | $314K | 20x | as long as short |
| Aevo TSM-PERP | +0.126% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.134% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Lighter TSM | +0.136% | +0.0032% | 1h | $498K | $101K | 10x | as long as short |
| BloFin TSM-USDT | +0.138% | −0.0020% | 8h | $46K | $84K | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.141% | +0.0317% | 1h | $4 | $60K | 10x | as long as short |
| Bybit TSMUSDT | +0.145% | 0.0000% | 8h | $2.0M | $311K | 50x | as long as short |
| Bitget TSMUSDT | +0.147% | +0.0114% | 8h | $1.7M | $957K | 20x | as long as short |
| Phemex TSMUSDT | +0.150% | 0.0000% | 8h | $1.5M | $359K | 10x | as long as short |
| OKX TSM-USDT-SWAP | +0.154% | 0.0000% | 8h | $3.8M | $2.2M | 20x | as long as short |
| Lighter RH TSM | +0.157% | +0.0032% | 1h | $231K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | +0.163% | 0.0000% | 8h | $2K | $5.1M | 10x | as long as short |
| Binance TSMUSDT | +0.172% | +0.0003% | 8h | $13.0M | $5.3M | 20x | as long as short |
| Extended TSM-USD | +0.185% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Aster TSMUSDTshort | +0.287% | 0.0000% | 8h | $81K | $1K | 20x | |
| Injective TSM/USDC PERP | +1.203% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |