Spread before costs (cost unknown: a leg has no order-book sample)+0.061%
7d average—if it closes, per $10,000$6funding while held, a day−$4.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TSM_USDC_mythos | 442.42 | 0.0100 | pay 0.0100% / 8h | 5h 48m | $21 | — | 10x |
| Short | Coinbase International TSM-PERP-INTX | 442.69 | −0.0040 | pay 0.0005% / 1h | 48m 41s | $357K | $88K | 10x |
Orderly PERP_TSM_USDC_mythos
Coinbase International TSM-PERP-INTXPrice 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
- $6.1
- Funding while held
- −$4.2
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$14.1
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 51 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0140%
- Per $10,000 a day
- −$4.20
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 51 min ago | 4.41 bp | 9.7 bp −$10 | 12.6 bp −$126 | doesn't fit | doesn't fit |
Orderly: 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.SoDEX442.06cheapesttradeXYZ442.10+0.009%KuCoin442.18+0.027%Bybit442.19+0.029%Gate442.31+0.057%Deribit442.33+0.061%OKX442.37+0.070%Vest442.40+0.077%Ondo Perps442.41+0.079%
SoDEX
tradeXYZ
KuCoin
Bybit
Gate
Deribit
OKX
Vest
Ondo PerpsOrderly442.42+0.081%
Lighter RH442.43+0.084%Bitget442.43+0.084%Polymarket Perps442.43+0.084%Extended442.43+0.084%Binance442.46+0.090%Phemex442.49+0.097%Aevo442.50+0.099%BloFin442.54+0.109%HTX442.61+0.124%SunX442.67+0.138%
Lighter RH
Bitget
Polymarket Perps
Extended
Binance
Phemex
Aevo
BloFin
HTX
SunXCoinbase International442.69+0.143%
Phoenix442.70+0.145%Variational Omni442.78+0.163%Aster442.82+0.172%edgeX442.86+0.181%Lighter443.12+0.240%Injective447.50+1.231%
Phoenix
Variational Omni
Aster
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 | −0.081% | +0.0050% | 1h | $149 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.072% | +0.0050% | 1h | $10.2M | $2.2M | 10x | as long as short |
| KuCoin TSMUSDTM | −0.054% | +0.0100% | 8h | $271K | $312K | 20x | as long as short |
| Bybit TSMUSDT | −0.052% | 0.0000% | 8h | $2.0M | $354K | 50x | as long as short |
| Gate TSM_USDT | −0.025% | 0.0000% | 8h | $1.7M | $832K | 100x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.020% | +0.0248% | 1h | $97 | $61K | 10x | as long as short |
| OKX TSM-USDT-SWAP | −0.011% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| Vest TSM-USD-PERP | −0.005% | +0.0046% | 1h | — | — | 25x | as long as short |
| Ondo Perps TSM-USD.P | −0.002% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythoslong | 0.000% | +0.0100% | 8h | $21 | — | 10x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.002% | +0.0032% | 1h | $205K | $711K | 10x | as long as short |
| Bitget TSMUSDT | +0.002% | +0.0097% | 8h | $1.6M | $1.4M | 20x | as long as short |
| Polymarket Perps TSM-USD | +0.002% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| Extended TSM-USD | +0.003% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | +0.009% | 0.0000% | 8h | $13.0M | $6.2M | 20x | as long as short |
| Phemex TSMUSDT | +0.016% | 0.0000% | 8h | $1.5M | $413K | 10x | as long as short |
| Aevo TSM-PERP | +0.017% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| BloFin TSM-USDT | +0.027% | −0.0015% | 8h | $45K | $94K | 20x | as long as short |
| HTX TSM-USDT | +0.043% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| SunX TSM-USDT | +0.057% | 0.0000% | 8h | $2K | $5.3M | 10x | as long as short |
| Coinbase International TSM-PERP-INTXshort | +0.061% | −0.0040% | 1h | $357K | $88K | 10x | |
| Phoenix TSM | +0.063% | +0.0199% | 1h | $215K | $5K | 10x | as long as short |
| Variational Omni TSM | +0.081% | 0.0000% | 8h | $559K | $81K | — | as long as short |
| Aster TSMUSDT | +0.091% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| edgeX TSMUSDC | +0.100% | +0.0361% | 4h | $48K | $215K | 10x | as long as short |
| Lighter TSM | +0.158% | +0.0576% | 1h | $500K | $152K | 10x | as long as short |
| Injective TSM/USDC PERP | +1.148% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |