Spread before costs (cost unknown: a leg has no order-book sample)+0.016%
7d average—if it closes, per $10,000$2funding while held, a day−$0.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSM-USD | 442.38 | 0.0050 | pay 0.0006% / 1h | 45m 47s | $187K | $82K | 10x |
| Short | BloFin TSM-USDT | 442.45 | 0.0026 | get 0.0026% / 8h | 5h 45m | $45K | $94K | 20x |
Polymarket Perps TSM-USD
BloFin TSM-USDTPrice 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
- $1.58
- Funding while held
- −$0.71
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.13
- Spread needed to break even
- 0.200%
Slippage unknown: Polymarket Perps: live order book, 53 min ago; BloFin: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0024%
- Per $10,000 a day
- −$0.71
- 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 Polymarket Perps live order book, 53 min ago | 1.81 bp | 7.2 bp −$7 | 7.9 bp −$79 | 10.4 bp −$1,042 | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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.HTX442.21cheapestKuCoin442.25+0.009%SoDEX442.27+0.014%tradeXYZ442.32+0.025%Vest442.32+0.025%Gate442.34+0.029%
HTX
KuCoin
SoDEX
tradeXYZ
Vest
GatePolymarket Perps442.38+0.038%
Bybit442.42+0.047%Ondo Perps442.42+0.047%
Bybit
Ondo PerpsBloFin442.45+0.054%
Bitget442.48+0.061%OKX442.51+0.068%Deribit442.54+0.075%Orderly442.59+0.086%Binance442.60+0.088%SunX442.61+0.090%Aevo442.63+0.094%Extended442.64+0.098%edgeX442.66+0.101%Phemex442.66+0.102%Lighter RH442.67+0.104%Coinbase International442.69+0.109%Phoenix442.70+0.111%Variational Omni442.78+0.129%Aster443.07+0.194%Lighter443.44+0.278%Injective447.12+1.110%
Bitget
OKX
Deribit
Orderly
Binance
SunX
Aevo
Extended
Phemex
Lighter RH
Coinbase International
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 | |
|---|---|---|---|---|---|---|---|
| HTX TSM-USDT | −0.038% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| KuCoin TSMUSDTM | −0.029% | +0.0100% | 8h | $271K | $312K | 20x | as long as short |
| SoDEX TSM-USD | −0.025% | +0.0050% | 1h | $149 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.014% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Vest TSM-USD-PERP | −0.014% | +0.0046% | 1h | — | — | 25x | as long as short |
| Gate TSM_USDT | −0.009% | 0.0000% | 8h | $1.7M | $833K | 100x | as long as short |
| Polymarket Perps TSM-USDlong | 0.000% | +0.0050% | 1h | $187K | $82K | 10x | |
| Bybit TSMUSDT | +0.009% | 0.0000% | 8h | $2.0M | $355K | 50x | as long as short |
| Ondo Perps TSM-USD.P | +0.009% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| BloFin TSM-USDTshort | +0.016% | +0.0026% | 8h | $45K | $94K | 20x |