Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly+0.011%54s7-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—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TSM_USDC_mythos | 441.91 | 0.0100 | pay 0.0100% / 8h | 4h 53m | $21 | — | 10x |
| Short | HTX TSM-USDT | 441.96 | 0 | get 0.0000% / 8h | 4h 53m | $9K | $8K | 20x |
Orderly PERP_TSM_USDC_mythos
HTX TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Orderly. 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
- −$21
- Price spread: +0.011% → 0.000%
- $1.13
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37.87
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Orderly and 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.0080% | 1h | 441.94 | +0.007% | $373K | $109K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 442.03 | +0.027% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.74 | −0.038% | $2.0M | $397K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.02 | +0.025% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.81 | −0.023% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 442.04 | +0.029% | $1.8M | $1.5M | 20x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 442.24 | +0.075% | $1K | $3.7M | 10x | as long as short |
| HTX TSM-USDTshort | 0.0000% | 8h | 441.96 | +0.011% | $9K | $8K | 20x | |
| Phemex TSMUSDT | 0.0000% | 8h | 441.76 | −0.034% | $1.5M | $569K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 442.13 | +0.050% | $498K | $138K | 10x | as long as short |
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
SunX TSM-USDT
Phemex TSMUSDT
Lighter TSMShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 442.24 | +0.075% | $202K | $557K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 446.84 | +1.116% | $7K | $38K | 12x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 441.79 | −0.027% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.58 | −0.075% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.64 | −0.061% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.79 | −0.027% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.65 | −0.059% | $161K | $36K | 10x | as long as short |
| Variational Omni TSM | +0.0063% | 8h | 442.16 | +0.056% | $551K | $47K | — | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.69 | −0.050% | $268K | $498K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythoslong | +0.0100% | 8h | 441.91 | long leg | $21 | — | 10x | |
| Aevo TSM-PERP | +0.0104% | 1h | 442.17 | +0.058% | $124 | — | 10x | as long as short |
| BloFin TSM-USDT | +0.0120% | 8h | 442.44 | +0.120% | $46K | $120K | 20x | as long as short |
| Extended TSM-USD | +0.0136% | 1h | 441.90 | −0.002% | $6K | $222K | 10x | as long as short |
| Binance TSMUSDT | +0.0138% | 8h | 442.03 | +0.026% | $13.2M | $8.9M | 20x | as long as short |
| Phoenix TSM | +0.0217% | 1h | 442.16 | +0.057% | $206K | $14K | 10x | as long as short |
| edgeX TSMUSDC | +0.0288% | 4h | 442.13 | +0.050% | $48K | $216K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0343% | 8h | 442.12 | +0.047% | $8K | $1.4M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0429% | 1h | 442.10 | +0.043% | $97 | $9K | 10x | as long as short |
Lighter RH TSM
Injective TSM/USDC PERP
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Variational Omni TSM
KuCoin TSMUSDTM
Aevo TSM-PERP
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
Phoenix TSM
edgeX TSMUSDC
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL