Spread before costs (cost unknown: a leg has no order-book sample)+0.018%
7d average+0.090%if it closes, per $10,000$2funding while held, a day+$1.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps TSM-USD.P | 442.54 | 0.0050 | pay 0.0006% / 1h | 55m 08s | $157K | $17K | 10x |
| Short | Bitget TSMUSDT | 442.62 | 0.0099 | get 0.0099% / 8h | 5h 55m | $1.6M | $1.4M | 20x |
Ondo Perps TSM-USD.P
Bitget 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
- $1.81
- Funding while held
- $1.46
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$13.73
- Spread needed to break even
- 0.170%
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0049%
- Per $10,000 a day
- +$1.46
- 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 Bitget live order book, 3 min ago | 1.69 bp | 13.2 bp −$13 | 21.8 bp −$218 | doesn't fit | doesn't fit |
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.SoDEX442.34cheapesttradeXYZ442.42+0.018%Gate442.43+0.020%KuCoin442.44+0.023%Polymarket Perps442.45+0.025%Bybit442.48+0.032%
SoDEX
tradeXYZ
Gate
KuCoin
Polymarket Perps
BybitOndo Perps442.54+0.045%
Vest442.54+0.045%OKX442.59+0.057%
Vest
OKXBitget442.62+0.063%
Extended442.63+0.066%Binance442.65+0.069%Deribit442.65+0.070%Lighter RH442.66+0.072%Orderly442.68+0.077%Phemex442.68+0.077%Coinbase International442.69+0.079%SunX442.71+0.084%Aevo442.74+0.090%HTX442.84+0.113%BloFin442.84+0.113%Aster443.07+0.165%Variational Omni443.07+0.166%Phoenix443.08+0.167%edgeX443.09+0.169%Lighter443.20+0.194%Injective447.50+1.167%
Extended
Binance
Deribit
Lighter RH
Orderly
Phemex
Coinbase International
SunX
Aevo
HTX
BloFin
Aster
Variational Omni
Phoenix
Lighter
InjectiveTSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX TSM-USD | −0.045% | +0.0050% | 1h | $150 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.027% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Gate TSM_USDT | −0.025% | 0.0000% | 8h | $1.7M | $831K | 100x | as long as short |
| KuCoin TSMUSDTM | −0.023% | +0.0100% | 8h | $271K | $311K | 20x | as long as short |
| Polymarket Perps TSM-USD | −0.020% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| Bybit TSMUSDT | −0.014% | 0.0000% | 8h | $2.0M | $354K | 50x | as long as short |
| Ondo Perps TSM-USD.Plong | 0.000% | +0.0050% | 1h | $157K | $17K | 10x | |
| Vest TSM-USD-PERP | 0.000% | +0.0046% | 1h | — | — | 25x | as long as short |
| OKX TSM-USDT-SWAP | +0.011% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| Bitget TSMUSDTshort | +0.018% | +0.0099% | 8h | $1.6M | $1.4M | 20x |